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ELMODIS logo — We make industry smarter

ELMODIS

We make industry smarter

Founded 2015 Poland Poland 18 employees Total: $5.15M Energy, Industrial +3

General Information

Company Name ELMODIS
Founded Year 2015
Location Poland Poland
Employees 18
Industries Energy, Industrial, IoT +2
Business Model B2B, SaaS, IaaS
Revenue Model Subscription, Usage Based, Service Fee
Social

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About ELMODIS

ELMODIS, founded in 2015 and headquartered in Poland, champions the motto: "We make industry smarter". Specializing in enhancing the energy and operational efficiency of electric-powered industrial machines, ELMODIS offers a comprehensive hardware/software solution tailored for real-time remote performance monitoring.

Founded by a seasoned team with over 15 years of expertise serving European industrial clients, ELMODIS introduces a novel diagnostic approach that utilizes measurements of voltage and current, rather than traditional methods like vibration and temperature. This unique methodology enables the calculation of numerous vital parameters, offering detailed insights into machine performance. Their solution aids both OEMs and industrial users in reducing warranty costs, optimizing energy consumption, and preventing machine failures.

In February 2021, ELMODIS attracted a late-stage venture capital round led by SET Ventures, Innovation Nest, and Meidensha, underscoring its potential and impact in the Energy, Industrial, IoT, Manufacturing, and Energy Efficiency sectors.

Business keywords: Industrial IoT, Predictive Maintenance, Machine Monitoring, Energy Efficiency, Remote Monitoring Solutions, Smart Manufacturing, Electrical Machinery Optimization, Industrial Automation, Distributed Edge Computing, Hybrid Cloud Solutions, Diagnostics Devices, Performance Monitoring, Energy Industry, Heavy Industry, Oil & Gas

Services & Products

Real-time Monitoring
Predictive Analytics
Energy Consumption Optimization
Failure Prevention
Prescriptive Maintenance

Target Customers

Utility Companies Manufacturers Original Equipment Manufacturers (OEMs) Energy Sector Electric Transportation Industry Industrial End-users

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Late VC Undisclosed 3
SET Ventures Innovation Nest
SET Ventures, Innovation Nest +1
01 Feb 2021
Series A $4.90M 3
SET Ventures Intel Capital Innovation Nest
SET Ventures, Intel Capital +1
01 Apr 2017
Seed $250.00K 1
Innovation Nest
Innovation Nest
01 Apr 2015

ELMODIS Alternatives & Competitors

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ELMODIS vs
ProAxion, Inc.
ProAxion, Inc. United States

Maximizing Industrial Uptime

Acquired
10 employees
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ELMODIS vs
WiserSense Bilgi Teknolojileri
WiserSense Bilgi Teknolojileri Turkey

Akıllı teşhis ve sağlık izleme çözümü ile makineleriniz sizinle konuşsun: WiserSense

Seed
38 employees
Industrial, Information Technology
ELMODIS vs
Distence Ltd
Distence Ltd Finland

Distributed intelligence - Disrupting industrial asset life cycle management | condence.io

Series B
5 employees
AI, Automation
Also compare with: ELMODIS vs Gradyent Gradyent ELMODIS vs Treon Treon View all alternatives

FAQ About ELMODIS

We make industry smarter
ELMODIS was founded in 2015.
ELMODIS is headquartered in Poland.
ELMODIS operates in Energy, Industrial, IoT, Manufacturing and Energy Efficiency. Its work centres on Industrial IoT, Predictive Maintenance, Machine Monitoring and Energy Efficiency. Its customers include Utility Companies, Manufacturers and Original Equipment Manufacturers (OEMs).
ELMODIS has a B2B, SaaS and IaaS business model. Its revenue comes from Subscription, Usage Based and Service Fee.
ELMODIS has approximately 18 employees.
ELMODIS has completed 3 funding rounds, raising a total of $5.15M.
ELMODIS offers: Real-time Monitoring, Predictive Analytics, Energy Consumption Optimization, Failure Prevention, Prescriptive Maintenance.
Top alternatives and competitors to ELMODIS include ProAxion, Inc., WiserSense Bilgi Teknolojileri, Distence Ltd, Gradyent, BeChained. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
ELMODIS and ProAxion, Inc. are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for ELMODIS, https://bouncewatch.com/company/elmodis, updated 30 March 2026. When citing, please name BounceWatch and link this page.

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