United States · Information technology & services startup

Oden Technologies

Oden Technologies is a New York-based company founded in 2014 that specializes in AI and industrial IoT solutions for manufacturing.

Funding reportedLast round: Series B

Information technology & servicesNew York, United States

About Oden Technologies

Oden Technologies is a New York-based company founded in 2014 that specializes in AI and industrial IoT solutions for manufacturing.

Co-founded by Willem Sundblad and Peter Brand, Oden aims to empower manufacturers with actionable data to enhance production and operational efficiency. Originally established in London, the company now operates from New York and has raised over $52.5 million in funding. Oden offers an AI-powered software suite that includes Process AI for real-time recommendations, Factory Analytics for performance monitoring, and a Data Engine that integrates various machine data for insights. Their industrial IoT hardware connects to manufacturing machines to capture data, while software adaptors work with existing systems. Oden's solutions are tailored for front-line operators, engineers, and operations teams in enterprise-level manufacturing, helping clients achieve significant improvements in productivity and equipment effectiveness.

What company datasets say Oden Technologies raised

Funding, as reported

Reported in all$59Min dollars
Rounds7
Last roundSeries B
Last round size$29M
Last round dateApr 2024
Investors listed12

On 4 portfolio pages

Investors who name them

Each firm lists Oden Technologies on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

The company, in detail

What they build

Known for

industrial automationdata collection and cleaningmanufacturing process control systemspredictive quality modelingdowntime analysiscontinuous improvementstatistical process controlmanufacturing process optimization toolsmanufacturing process optimizationdistributionmanufacturingenterprisesmanufacturing data qualitymanufacturing process automationinternet of thingsproduction performance optimization

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Sector
Information technology & services
Industry code
NAICS 33324, 541512, 51321, SIC 3829
Region
New York
Revenue
$6.5M a year, as listed
Full record
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Information technology & services in United States

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