AssetWatch
Rapidly deployable, remote, end-to-end condition monitoring solution providing predictive insight to enable proactive maintenance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor investor | €0.0 | round |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
| investor investor investor investor | €0.0 Valuation: €0.0 | round | |
| investor investor investor investor investor investor | €0.0 | round | |
* | $75.0m | Series C | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 120 % | 6 % | 14 % | 116 % | 225 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
Related Content
AssetWatch is a forward-thinking startup that specializes in proactive maintenance solutions for industrial facilities. The company provides a centralized platform that allows facility and corporate leaders to monitor critical assets in real-time. This helps prevent costly downtime and expensive repairs by identifying potential issues before they lead to equipment failure.
The primary clients of AssetWatch are industrial companies that rely heavily on machinery and equipment for their operations. These clients span various sectors, including manufacturing, energy, and utilities. By offering continuous monitoring of essential assets, AssetWatch helps these companies maintain smooth operations and avoid unexpected disruptions.
AssetWatch operates in the industrial maintenance market, a sector that is increasingly recognizing the value of proactive maintenance strategies. The company's business model is subscription-based, offering a 30-day risk-free trial for $199. This model allows clients to experience the benefits of the platform before committing to a longer-term subscription.
The company generates revenue by charging clients for access to its monitoring platform and services. Clients typically see a significant return on investment (ROI), with an average of 8x savings. This means that for every dollar spent on AssetWatch's services, clients save eight dollars in potential downtime and repair costs.
AssetWatch's platform includes tools, dashboards, and integrations that provide a comprehensive view of asset health. Clients are assigned a dedicated Condition Monitoring Engineer who helps identify critical assets and monitoring needs. This personalized approach ensures that clients can detect and resolve machine issues before they escalate into major problems.
In summary, AssetWatch is revolutionizing industrial maintenance by offering a proactive approach to asset monitoring. The company helps clients prevent downtime, save money, and improve overall operational efficiency.
Keywords: proactive maintenance, industrial facilities, asset monitoring, real-time monitoring, downtime prevention, ROI, subscription model, Condition Monitoring Engineer, industrial maintenance, operational efficiency.