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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™ — AI + physics-based predictive maintenance for remaining useful life
Founded: 2022 (spin-out from Xerox PARC)
Recent funding: $7.8M announced Feb 21, 2024
Headcount (approx.): 7 employees
Company Overview
Problem Domain
Predictive maintenance and asset health prognostics for process industries (e.g., chemicals, oil & gas, water).
Founded
2022
Industry
Industrial / Predictive Maintenance / IIoT
Funding Track Record
$7,800,000.00
Round included participation from Myriad Venture Partners and METAWATER Co., Ltd.; Xerox/PARC retained a minority stake after spinout.
Investor Signal
“Led by WERU Investment with participation from Myriad Venture Partners and METAWATER Co., Ltd.”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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