Datch raised $15M in a Series A funding led by Third Prime to enhance its AI technology for frontline manufacturing and utilities.

Aug 07, 2024•over 1 year ago

Amount Raised

$15 Million

Round Type

series a

BrooklynInformation TechnologyNatural Language ProcessingMachine Learning

Investors

Susquehanna Investment GroupBlue Bear CapitalBlackhorn VenturesThird Prime

Description

Datch has successfully closed a $15M funding round via Series A led by Third Prime. This funding will support the launch of their new product, Asset Insights, aimed at improving operational outcomes in industrial sectors.

Company Information

Company

Datch Inc.

Location

Brooklyn, New York, United States

About

Datch is a platform that leverages AI to capture highly detailed, structured human-centric data while surfacing asset insights for decision-making and resource management. Our goal is to cut deep into the availability shortfall by providing the data and intelligence needed to decrease asset MTTR, increase MTBF, support better planning and allow for faster decision making.

Related People

2 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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