When was Mavarick founded?

Mavarick was founded in 2023 and raised its 1st funding round within a year of its incorporation.

Where is Mavarick located?

Mavarick is headquartered in Limerick, Ireland.

Who is the current CEO of Mavarick?

Paul Byrnes of Mavarick. They have also founded 1 company.

How many employees does Mavarick have?

As of May 31, 2026, the latest employee count at Mavarick is 19.

Is Mavarick a funded company?

Mavarick is a funded company, having raised a total of $1.4M across 2 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on 2023.

When was the latest funding round of Mavarick?

Mavarick's latest funding was a $***** Seed round on May 07, 2024, with participation from 1 investor.

Where does Mavarick rank among its competitors?

Mavarick ranks 10th amongst 81 active competitors, of which 12 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Xemelgo, which secured an undisclosed amount in Jul, 2025.

Who are the top competitors of Mavarick?

Mavarick's top competitors include Cognex, Tesseract Ventures and Makina Rocks. Among them, Xemelgo secured the most recent funding round in July, 2025.

Mavarick - 2026 Company Profile, Team, Funding & Competitors

Company Details

AI interfaced production monitoring solutions. It provides manufacturing management software that analyses production processes, machine performance, and downtime errors.

Website: www.mavarick.ai/
Social

Key Metrics

Founded Year

2023

Location

Limerick, Ireland

Stage

Seed

Total Funding

$1.4M in 2 rounds

Latest Funding Round

Seed, May 07, 2024, $*****

Investors

Act Venture Capital & 1 more

Ranked

10^th among 81 active competitors

Employee Count

19 as on May 31, 2026

Similar Companies

Cognex & 96 more

View Mavarick's full profile

Mavarick has raised a total funding of $1.4M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Seed round on May 07, 2024 for $*****. 1 investor participated in its latest round. Mavarick has 2 institutional investors.

Here is the list of recent funding rounds of Mavarick:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 07, 2024	2468519	Seed	8303380	3389943	1896904	9550010
2023	6301	Grant (prize money)	6849	1819	7876	IntertradeIreland

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View details of Mavarick's funding rounds and investors

The founders of Mavarick are Paul Byrnes and Koen Jasper. Paul Byrnes is the CEO of Mavarick.

Here are the details of Mavarick's key team members:

Paul Byrnes: Co-Founder & CEO of Mavarick.
Contact Info: 1 email address
Koen Jasper: COO & Co-Founder of Mavarick.

View details of Mavarick's Founder profiles and Board Members

Mavarick's employee count trend

Mavarick has 19 employees as of May 26. Here is Mavarick's employee count trend over the years:

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Top competitors of Mavarick include Cognex, Tesseract Ventures and Makina Rocks. Here is the list of Top 10 competitors of Mavarick, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Cognex 1981, Natick (United States), Public	Manufacturer of machine vision systems and industrial barcode readers and verifiers	-	Venrock, Starboard Capital Partners	72/100
2nd	Tesseract Ventures 2018, Kansas City (United States), Series A	Provider of IoT enabled solutions for various industries	$16.8M	U.S. Air Force	51/100
3rd	Makina Rocks 2017, Seoul (South Korea), Series A	Provides AI based production monitoring solutions for manufacturing	$36.3M	SK Telecom, Applied Materials & 11 others	49/100
4th	Gauss Labs 2020, Palo Alto (United States), Seed	Developer of AI-powered manufacturing data intelligence products for industry transformation	-	SK hynix	46/100
5th	Litum 2004, Izmir (Turkey), Late Stage	Provider of real-time location systems for industrial tracking	-	Actera Group	46/100
6th	Vision Intelligence 2020, Cambridge (United Kingdom), Seed	AI-powered assembly solutions in manual production operations	$301K	Britbots	45/100
7th	Supply Chain Wizard 2022, Princeton (United States), Series A	Provider of a SaaS digital factory platform for manufacturing companies	$10M	Panoramic Ventures, BIP Ventures & 3 others	43/100
8th	TEEPTRAK 2014, Paris (France), Series A	Provider of IoT-based real-time asset performance tracking solution	$4.49M	XAnge, EDF & 2 others	40/100
9th	Xemelgo 2018, Seattle (United States), Series A	Cloud and AI-based collaborative software for manufacturing industries	$7.3M	Zebra	39/100
10th	Mavarick 2023, Limerick (Ireland), Seed	AI interfaced production monitoring solutions	$1.4M	Act Venture Capital, IntertradeIreland	41/100