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Novity
Novity offers TruPrognostics™, an AI-powered predictive maintenance solution for industrial manufacturers. Their software leverages a unique combination of machine learning and first-principles…
Novity
Novity offers TruPrognostics™, an AI-powered predictive maintenance solution for industrial manufacturers. Their software leverages a unique combination of machine learning and first-principles…
TL;DR
Product: TruPrognostics™ — hybrid physics + ML predictive maintenance for process and rotating equipment
Founding / Origin: Spinout from Xerox PARC; founded 2022
Funding: $7.8M seed led by WERU Investment (announced Feb 21, 2024)
Customers / Validation: Validated in production with large U.S. energy customers
Company Overview
Problem Domain
Predictive maintenance and asset health prognostics for industrial manufacturers in process industries (energy, oil & gas, chemical).
Founded
2022
Industry
Industrial software / Predictive maintenance
Funding Track Record
$7,800,000.00
Participation from Myriad Venture Partners and METAWATER Co., Ltd.
Investor Signal
“Led by strategic/industry investor WERU Investment with participation from venture and industrial investors”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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