Tech Company Financing Transactions
Datch Systems Funding Round
Datch Systems, based in Santa Monica, secured $15 million from Third Prime Capital, Blackhorn Ventures and Blue Bear Capital.
Transaction Overview
Company Name
Announced On
8/7/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Third Prime Capital (Lead Investor)
Blackhorn Ventures (Melissa Cheong)
Proceeds Purpose
The company intends to use the funds to invest in market expansion within the enterprise while increasing capabilities within the Asset Insights toolkit.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Undisclosed
Santa Monica, CA 90291
USA
Santa Monica, CA 90291
USA
Phone
Undisclosed
Website
Email Address
Overview
Datch is an intelligent voice interface for industrial environments. It uses conversations to solve business process constraints, such as time spent on work orders, logging information, and solving problems during equipment breakdowns. It's the only solution that allows teams to speed up their processes by 90%.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mark Fosdike
Chief Operating Officer
Aric Thorn
Chief Technical Officer
Benjamin Purcell
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