Veritrack AS
Veritrack offers a cloud-based solution for condition-based maintenance and vibration monitoring of industrial equipment. Their system utilizes advanced machine learning to learn the normal vibration patterns of machinery, alerting users when these patterns change. The solution is fully wireless, with sensors that measure vibration, temperature, magnetic field, and light. Installation of the complete system, including sensors and software, is completed within a day. Key applications include monitoring gears, ventilation systems, pipes, structures, bearings, conveyor belts, motors, pumps, and cranes. The system operates 24/7, detecting changes in vibration and temperature to prevent equipment failure and optimize maintenance schedules, reducing downtime and operational costs.
Veritrack AS
Veritrack offers a cloud-based solution for condition-based maintenance and vibration monitoring of industrial equipment. Their system utilizes advanced machine learning to learn the normal vibration patterns of machinery, alerting users when these patterns change. The solution is fully wireless, with sensors that measure vibration, temperature, magnetic field, and light. Installation of the complete system, including sensors and software, is completed within a day. Key applications include monitoring gears, ventilation systems, pipes, structures, bearings, conveyor belts, motors, pumps, and cranes. The system operates 24/7, detecting changes in vibration and temperature to prevent equipment failure and optimize maintenance schedules, reducing downtime and operational costs.
TL;DR
Product: Cloud-based, wireless condition monitoring and vibration monitoring system with ML
Sensors: Wireless sensors measuring vibration, temperature, magnetic field, and light
Founded: 2010
HQ: Bergen region, Norway
Funding: Seed round (Oct 11, 2010) led by SINTEF Venture AS
Company Overview
Problem Domain
Industrial equipment condition monitoring and predictive/condition-based maintenance
Founded
2010
Industry
Industrial IoT / Condition Monitoring
Tech Stack
Funding Track Record
Investor Signal
“SINTEF Venture AS led seed round”