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Mtell
Aspen Mtell is an AI-powered prescriptive and predictive maintenance solution designed to improve equipment reliability and performance. It provides early failure alerts and health monitoring,…
Mtell
Aspen Mtell is an AI-powered prescriptive and predictive maintenance solution designed to improve equipment reliability and performance. It provides early failure alerts and health monitoring,…
TL;DR
Product: AI-driven predictive and prescriptive maintenance for industrial equipment (asset health monitoring)
Founded: 2006 — San Diego, California
Exit: Acquired by Aspen Technology (branded today as Aspen Mtell) — 2016
Investors: PTC listed as a Series A investor
Company Overview
Problem Domain
Predictive and prescriptive maintenance; asset health monitoring for industrial equipment
Founded
2006
Industry
Industrial software / Asset Performance Management
Funding Track Record
Dec 2015 funding entry shown in accessible records; amount not disclosed in accessible view.
$37.0m (acquisition valuation)
Acquired by Aspen Technology and the product is offered as Aspen Mtell.
Investor Signal
“PTC listed as a Series A investor; company was acquired by Aspen Technology in 2016”
Founders
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