Tech Company Financing Transactions
Compredict Funding Round
On 6/25/2024, Compredict secured $15 million in Series B financing from Woven Capital and Shift4Good.
Transaction Overview
Company Name
Announced On
6/25/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series B
Investors
Woven Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its global footprint, diversify its product offerings, and enhance large-scale deployment capabilities.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
Rheinstraße 40-42
Darmstadt, 64283
Germany
Darmstadt, 64283
Germany
Phone
Website
Email Address
Overview
COMPREDICT was founded by Dr.-Ing. Rafael Fietzek? and Dr.-Ing. Stéphane Foulard? in 2016 in Darmstadt, Germany. Our focus lies on virtual sensors and software-based health and usage monitoring, including wear and failure prediction. We achieve this by combining domain expertise and data-driven approaches for mechanical, mechatronic, electric and electronic components. We are an internationally staffed team working with automotive manufacturers, suppliers and telematics companies worldwide.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Stephane Foulard
Co-Founder
Rafael Fietzek
Co-Founder
Stephan Rinderknecht
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