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Pulse Industrial logo — Industrial IoT, providing steam trap analytics and failure d...

Pulse Industrial

Industrial IoT, providing steam trap analytics and failure detection through SaaS cloud solutions.

Founded 2018 Canada Waterloo, Canada 26 employees Venture round Total: $5.93M Design, Manufacturing

General Information

Company Name Pulse Industrial
Founded Year 2018
Location Canada Waterloo, Canada
Employees 26
Industries Design, Manufacturing
Funding Stage Venture round
Social

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About Pulse Industrial

Pulse Industrial is a Canadian startup founded in 2017, specializing in Industrial IoT. The company focuses on steam trap analytics and failure detection through SaaS cloud solutions. Pulse Industrial's innovative approach aims to improve safety and reduce fuel consumption in industrial plants. By leveraging data collection and machine-learned analytics, the company introduces cutting-edge sensors and software, aligning with environmental and economic savings.

Currently, Pulse Industrial is pioneering a revolutionary method for remotely monitoring steam traps, a critical component of steam processes. Efficiently monitoring these traps is essential as undetected failures are among the most significant inefficiencies in industrial plants. By continuously monitoring steam traps, the company enables industrial sites to promptly address any failures, leading to cost savings and reduced risks of harmful events.

With its recent Venture Round investment secured on 28 March 2023, Pulse Industrial attracted notable investors such as SOSV, HAX, Momenta Partners, and Celtic House Asia Partners. This investment is a strong indicator of confidence in Pulse Industrial's potential to bring about positive disruption in the manufacturing industry through its pioneering IoT solutions.

Business keywords: Industrial IoT, SaaS cloud solutions, Steam trap analytics, Failure detection, Data collection, Machine-learned analytics, Environmental savings, Economic savings, Remote monitoring, Sensor technology, Industrial plant efficiency, Safety improvement, Fuel consumption reduction

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 4
SOSV HAX Momenta Partners
SOSV, HAX +2
28 Mar 2023
Grant $3.50M 1
Sustainable Development Technology Canada
Sustainable Development Technology Canada
25 Feb 2022
Seed Round $2.40M 5
SOSV Momenta Partners Celtic House Asia Partners
SOSV, Momenta Partners +3
28 Apr 2021
Seed Round Undisclosed 2
SOSV Celtic House Asia Partners
SOSV, Celtic House Asia Partners
03 Sep 2020
Seed Round Undisclosed 2
SOSV HAX
SOSV, HAX
10 Jun 2019
Grant $25.00K 1
Velocity
Velocity
28 Nov 2018
Grant $5.00K 1
Velocity
Velocity
30 Nov 2017

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FAQ About Pulse Industrial

Industrial IoT, providing steam trap analytics and failure detection through SaaS cloud solutions.
Pulse Industrial was founded in 2018.
Pulse Industrial is headquartered in Waterloo, Canada.
Pulse Industrial operates in Design and Manufacturing. Its work centres on Industrial IoT, SaaS cloud solutions, Steam trap analytics and Failure detection.
Pulse Industrial has approximately 26 employees.
Pulse Industrial has completed 7 funding rounds, raising a total of $5.93M. The latest funding stage is Venture round.
Top alternatives and competitors to Pulse Industrial include LineMetrics, Treon. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Pulse Industrial and LineMetrics 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 Pulse Industrial, https://bouncewatch.com/company/pulse-industrial, updated 24 October 2024. When citing, please name BounceWatch and link this page.

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