Oden Technologies Inc. Asset Profile

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Year established

2014

Location

New York NY US

Primary Industry

Software

About

Founded in 2014 by co-founders Willem Sundblad and Peter Brand and based in New York, US, Oden Technologies Inc. is a developer of a cloud-based industrial IoT (IIoT) analytics platform that helps manufacturers monitor and optimize factory production. Oden Technologies Inc. raised an amount of venture funding from investor CNI Advisory AB. Oden’s primary products include process artificial intelligence (AI), factory analytics, and the data engine. Process AI utilizes AI algorithms to analyze real-time and historical manufacturing data. It generates prescriptive recommendations for machine operators, considering production goals and line constraints. Factory Analytics: The platform provides pre-built visualizations and configurable analytics tools. This allows various teams within a manufacturing facility to gain insights into production processes, identify areas for improvement, and understand the root causes of inefficiencies. Data Engine: Oden's software ingests data from various sources in a manufacturing facility, cleans and organizes it, and makes it usable for analysis. This includes data points per production line per day. The Data Engine functions as an operational data warehouse, saving time and resources for IT and data analysis teams.

Current Investors

EQT, Atomico, Inbox Capital

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Primary Industry

Software

Sub Industries

Web Applications, Application Integration Software, Analytics & Performance Software

Website

www.oden.io

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series B

Total Amount Raised

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