When was Rithmik founded?

Rithmik was founded in 2015 and raised its 1st funding round 6 years after it was founded.

Where is Rithmik located?

Rithmik is headquartered in Fernie, Canada. It is registered at 202, 502 - 3rd Avenue, Fernie.

Who is the current CEO of Rithmik?

Amanda Truscott of Rithmik. They have also founded 1 company.

How many employees does Rithmik have?

As of Aug 31, 2026, the latest employee count at Rithmik is 18.

Is Rithmik a funded company?

Rithmik is a funded company, having raised a total of $3.2M across 4 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 08, 2021.

When was the latest funding round of Rithmik?

Rithmik's latest funding was a $***** Series A round on Dec 01, 2025, with participation from 6 investors. Its primary sector is Mining Tech. In Canada, the Mining Tech sector has seen $136M in funding in 2026 to date.

Where does Rithmik rank among its competitors?

Rithmik ranks 1st amongst 39 active competitors, of which 3 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Rithmik, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Rithmik?

Rithmik's top competitors include Ox Mountain, OBM and Symboticware. Among them, Rithmik secured the most recent funding round in December, 2025.

Rithmik - 2026 Company Profile, Team, Funding & Competitors

Rithmik is a series A company based in Fernie (Canada), founded in 2015 by Amanda Truscott and Kris Isfeld. It operates as an AI-based predictive maintenance solution for mobile mining equipment. Rithmik has raised $3.2M in funding from investors like Chrysalix Venture Capital, Golden Triangle Angel Network and Hitachi Construction Machinery. The company has 39 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like Ox Mountain, OBM and Symboticware.

Company Details

Rithmik offers AI-based predictive maintenance solution for mobile mining equipment. The company offers Rithmik Asset Health Analyser (AHA). The system runs a virtual model of a healthy asset and when the equipment deviates slightly from its ideal, the algorithm detects those deviations and provides insights.

Website: rithmik.com
Registered Address: 202, 502 - 3rd Avenue, Fernie

Key Metrics

Founded Year

2015

Location

Fernie, Canada

Stage

Series A

Total Funding

$3.2M in 4 rounds

Latest Funding Round

Series A, Dec 01, 2025, $*****

Investors

Chrysalix Venture Capital & 10 more

Ranked

1^st among 39 active competitors

Employee Count

18 as on Aug 31, 2026

Similar Companies

Ox Mountain & 33 more

View Rithmik's full profile

Rithmik is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
Rithmik Solutions Ltd. CIN: 10612251 , Canada, Active	Feb 01, 2018	-	-	-

Rithmik has raised a total funding of $3.2M over 4 rounds. Its first funding round was on Jul 08, 2021. Its latest funding round was a Series A round on Dec 01, 2025 for $*****. 6 investors participated in its latest round. Rithmik has 11 institutional investors.

Here is the list of recent funding rounds of Rithmik:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 01, 2025	3475470	Series A	4468984	7174962	3880039	7792273
Mar 21, 2024	8852169	Series A	8352613	1351362	1302196	Chrysalix Venture Capital & 1 more
Dec 09, 2021	1459392	Grant (prize money)	8083302	6687431	3250926	Sustainable Development Technology Canada

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View details of Rithmik's funding rounds and investors

The founders of Rithmik are Amanda Truscott and Kris Isfeld. Amanda Truscott is the CEO of Rithmik.

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

Amanda Truscott: Co-Founder & CEO of Rithmik. They serve on the board of 1 company.
Contact Info: 1 email address
Kris Isfeld: Co-Founder of Rithmik.
Contact Info: 1 email address

Rithmik's Board of Directors

Rithmik's board has 3 active members. Amanda Truscott, Alicia Lenis and Marni Rabasso are independent board members.

Here is the list of Rithmik's board of directors:

Name	Type	Representing	Status	Duration
Amanda Truscott	Independent board member	-	Current	6y 5m
oynfxcy	Independent board member	-	Current	9y 6m
cacfljm	Independent board member	-	Current	4y 2m

View details of Rithmik's Founder profiles and Board Members

Rithmik's employee count trend

Rithmik has 18 employees as of Aug 26. Here is Rithmik's employee count trend over the years:

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Top competitors of Rithmik include Ox Mountain, OBM and Symboticware. Here is the list of Top 10 competitors of Rithmik, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rithmik 2015, Fernie (Canada), Series A	AI-based predictive maintenance solution for mobile mining equipment	$3.2M	Golden Triangle Angel Network, Sustainable Development Technology Canada ... & 9 others	53/100
2nd	Ox Mountain 2015, London (United Kingdom), Seed	Provider of online asset maintenance platform for the mining industry	$825K	-	47/100
3rd	OBM Baltimore (United States), Unfunded	Developer of monitoring and management software for digital currency miners	-	-	38/100
4th	Symboticware 2008, Greater Sudbury (Canada), Seed	Asset Management solutions provider for the Mining Industry	$2.22M	GreenSky, Graphite Ventures & 2 others	38/100
5th	DINGO 1991, Brisbane (Australia), Acquired	Heavy asset condition management software	-	-	34/100
6th	AssetPoint 2002, Greenville (United States), Acqui-Hired	Provider of Enterprise Asset Management and CMMS Solutions	$500K	Turmeric Capital	31/100
7th	FSC Limited 1976, Toronto (Canada), Acquired	Asset Management Systems for Asset Heavy Companies	-	-	30/100
8th	Longwall Visual Analysis 2006, Yeppoon (Australia), Unfunded	Long wall Asset Management System Solution	-	-	29/100
9th	Mainpac 1984, Surry Hills (Australia), Unfunded	Developer of enterprise asset management and computerized maintenance management systems	-	-	28/100
10th	Cortex Intelligence 2018, Perth (Australia), Unfunded	Cloud-based suite solutions for the mining industry	-	-	27/100