The technology platform for business diagnostics tractian raised $15 million in a series A investment round, funded by Next47, accelerator Y Combinator and other investors. The amount collected will be used to strengthen the operation and expansion of the firm.
The technology company offers early diagnostic solutions to the business team to warn of preventive maintenance, monitoring is done through a device that analyzes the sound produced by the business team. The firm’s tools facilitate access to a real-time monitoring system and more assertive decision-making in the face of possible unexpected failures in your equipment.
“The platform analyzes every five minutes, information that collects vibration and temperature data through sensors, such as the vibration spectrum, which allows us to know when a machine will stop working. So you are listening to the songs of the machines”, explained in an interview Leonardo Vieira, founder of tractian.
Using artificial intelligence and machine learning tools, the firm detects and predicts eventual failures in industrial machinery.
“Sensors can get early failure, which would cost a company like $50,000. From long projects in 12 months we attend to 6 to 10 failures, which were not suspected in the machines”, added Vieira.
The firm plans to add 600 new companies from different industries to its client portfolio and place more than 20,000 new sensors on the market, through a monthly subscription model.
“This model makes this technology more accessible to all sizes of companies, because it is still expensive, due to the state-of-the-art technology of the sensors and the team behind the analysis,” said Lidvic Suazo, manager of applications engineering at Tractian Mexico.
On the other hand, the technology company seeks to add 200 collaborators to its team in the next 18 months and open new lines of business for the prevention of industrial equipment.
During 2021, tractian registered an annual growth of 409%. It currently maintains a presence in Mexico, the United States and Brazil, its recent investment will serve to consolidate operations in Mexico and the firm does not rule out expanding to other countries in Latin America and Europe.
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