What is IoT83?
IoT83 specializes in empowering industrial Original Equipment Manufacturers (OEMs) with its Flex Platform, a sophisticated environment for the creation and oversight of tailored Industrial Internet of Things (IIoT) applications. The company's core offerings are centered on enhancing operational efficiency through advanced AI-driven Asset Performance Management, predictive maintenance strategies, and real-time operational monitoring. IoT83's technology is designed to provide CXOs, engineering teams, and operations managers with the tools necessary for rapid application development and seamless data orchestration, ensuring businesses maintain complete ownership and scalability of their IIoT initiatives.
How much funding has IoT83 raised?
IoT83 has raised a total of $87K across 1 funding round:
Debt
$87K
Debt (2021): $87K with participation from PPP
Key Investors in IoT83
PPP
Public-Private Partnership
What's next for IoT83?
With substantial expansion capital secured, IoT83 is poised for accelerated growth and market penetration. The company's strategic focus will likely involve scaling its sales and marketing efforts to reach a broader industrial OEM base, further developing its AI and predictive maintenance capabilities, and potentially exploring new industry verticals. This latest investment signals strong investor confidence in IoT83's ability to deliver transformative IIoT solutions and solidify its position as a key player in the industrial digital transformation landscape.
See full IoT83 company page
