Mechademy

Mechademy

Prescriptive Analytics for Rotating Equipment

Founded 2017

Houston, United States 44 employees Venture round Total: $2.75M Analytics, Computing +1

Mechademy Incorporated is a company specializing in prescriptive maintenance and production platform by turbomachinery experts. Founded in 2017, the United States-based company has combined decades of domain expertise in turbomachinery with state-of-the-art machine learning algorithms to create its IoT platform, Turbomechanica®. This platform utilizes data from multiple sources to identify anomalies and flag sub-optimal operations based on the underlying relationships among variables. It also integrates physics-based performance models that augment the AI models, providing richer insights into machine performance and health. Mechademy's platform targets specific use cases such as performance degradation, machine vibrations, dry gas seal health, motor insulation health, gas contamination, and more, enabling the detection of machine issues that had previously gone undetected by other remote monitoring and diagnostic providers on the same machines. The company's last $2.75M Venture Round investment on 23 December 2022 signifies investor confidence in Mechademy's innovative approach. With a focus on analytics, computing, and SaaS, Mechademy's expertise in remote monitoring provides deep insights into plant anomalies, ensuring operational reliability and significant cost savings for its customers. Additionally, the company provides services to engineer, commission, start-up, and operate major turbomachinery equipment, including gas turbines, steam turbines, compressors, expanders, and pumps. Mechademy's targeted approach, advanced platform, and successful investment round position the company as an emerging player in the industrial IoT and prescriptive maintenance space.

Funding Stage	Amount	Investors	Lead Investors	Date
Venture Round	$2.75M	-		23 Dec 2022

Funding Stage

Amount

Investors

Lead Investors

Date

Venture Round

$2.75M

23 Dec 2022

FAQ About Mechademy

Prescriptive Analytics for Rotating Equipment

Mechademy was founded in 2017.

Mechademy is headquartered in Houston, United States.

Mechademy operates in Analytics, Computing and SaaS. Its work centres on Turbomachinery, IoT platform, Machine learning and Remote monitoring.

Mechademy has approximately 44 employees.

Mechademy has completed 1 funding round, raising a total of $2.75M. The latest funding stage is Venture round.

Top alternatives and competitors to Mechademy include IXON, ANNEA, Glassbeam, Inc, Clockworks Analytics, Livejourney. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Mechademy and IXON 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.

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