SteamChain.io logo — Machine as a Service Platform

SteamChain.io

Machine as a Service Platform

Founded 2017 United States Milwaukee, United States 2 employees Non Equity Assistance Total: $2.79M Automation, Blockchain +2

General Information

Company Name SteamChain.io
Founded Year 2017
Location United States Milwaukee, United States +1
Employees 2
Industries Automation, Blockchain, Financial Services +1
Funding Stage Non Equity Assistance
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About SteamChain.io

SteamChain is a United States-based startup established in 2017. With the slogan "Machine as a Service Platform," SteamChain aims to revolutionize the deployment of machines and improve productivity. The company's Machine-as-a-Service (MaaS) platform measures various critical machine productivity parameters in real-time and calculates transactional payments based on the machine's overall performance. This incentivizes both the end user of the machine and the machine builder to invest in optimizing machine performance and reap rewards for continuous improvement. The most recent funding for SteamChain was a Non-Equity Assistance investment received on 05 January 2022. The investor behind this support is the Maritime Blue Innovation Accelerator, showcasing industry-specific interest and endorsement in the company's vision. Ultimately, SteamChain operates at the intersection of Blockchain and Financial Services industries, leveraging technology to drive innovation and efficiency in traditional sectors. With its unique approach to incentivizing machine performance optimization, SteamChain presents a compelling value proposition for businesses and machine builders alike. The startup's emphasis on real-time measurement and tangible rewards positions it at the forefront of disruptive technologies in industrial operations and underscores its potential for future growth and industry impact.

Taxonomy: Machine as a Service, MaaS, Machine productivity optimization, Real-time data analysis, Performance-based payments, Industrial IoT, Machine builders, Continuous improvement, Productivity parameters, Transaction-based model

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Non Equity Assistance •••••• 1
Investor
05 Jan 2022
Seed Round •••••• 4
Investor Investor Investor Investor
05 Dec 2018
Pre Seed Round •••••• 1
Investor
20 Nov 2017

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FAQ About SteamChain.io

Machine as a Service Platform
SteamChain.io was founded in 2017.
SteamChain.io is headquartered in Milwaukee, United States.
SteamChain.io operates in the following industries: Automation, Blockchain, Financial Services, Manufacturing.
SteamChain.io has approximately 2 employees.
SteamChain.io has completed 3 funding rounds, raising a total of $2.79M. The latest funding stage is Non Equity Assistance.
Top alternatives and competitors to SteamChain.io include Sight Machine, Rentaga, Breeze Intelligence, Novatron, Cloud 9 Perception, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SteamChain.io and Sight Machine 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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