TrendMiner N.V. Asset Profile

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Year established

2008

Location

Hasselt Belgium

Primary Industry

Software

About

Founded in 2008 by co-founders Bert Baeck and Thomas Dhollander and based in Hasselt, Belgium, TrendMiner N.V. develops and delivers advanced analytics solutions that help companies optimise production processes, increase plant productivity, and improve overall equipment effectiveness. In April 2024, Proemion GmbH, a portfolio company of Battery Ventures, agreed to acquire TrendMiner N.V. from Software AG for EUR 47 million. TrendMiner N.V. offers a self-service, intuitive platform designed with tools to analyse, monitor, and predict the performance of various production processes for rapid data visualisation and analysis of time-series data commonly generated in manufacturing processes. TrendMiner's search engine helps users identify trends and patterns in time-series data from process sensors. The platform allows for 24/7 monitoring of live processes and automatic notifications for deviations, enabling proactive control and faster response times. Additionally, the firm offers a model-free predictive mode that leverages historical data to predict future process behaviour, supporting preventative maintenance and quality control. The software allows users to integrate external data sources to gain a comprehensive understanding of operational performance and make informed decisions. The business caters to a diverse range of industries, such as chemical, oil and gas, food and beverage, water and wastewater, energy, pharmaceutical, metals and mining, and other industries.

Current Investors

IWT Fund, K.U. Leuven Research & Development, LRM

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Primary Industry

Software

Sub Industries

Web Applications, Systems Management Software, Analytics & Performance Software

Website

www.trendminer.com

Verticals

Cloud Computing

Company Stage

Acquired

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on, Spin-Off +1 more

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Announced	TrendMiner N.V.	18 Apr 2024

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