What is SwitchOn?
SwitchOn specializes in the deployment of DeepInspect, a sophisticated AI-powered visual quality inspection software designed to automate defect detection and process optimization. The company occupies a critical niche in the Industry 4.0 ecosystem, providing manufacturers with the tools necessary to enhance production efficiency while maintaining rigorous data privacy standards. By integrating computer vision with edge computing, SwitchOn enables real-time monitoring and actionable insights, effectively reducing waste and operational downtime for its diverse client base.
How much funding has SwitchOn raised?
SwitchOn has raised a total of $13.2M across 3 funding rounds:
Seed
$1M
Series A
$4.2M
Other Financing Round
$8M
Seed (2020): $1M, investors not publicly disclosed
Series A (2023): $4.2M led by Atlas Credit Partners
Other Financing Round (2026): $8M supported by IvyCap Ventures and Trifecta Capital
Key Investors in SwitchOn
IvyCap Ventures
IvyCap Ventures is a venture capital firm founded in 2011, dedicated to supporting entrepreneurs from premier educational institutions in India. The firm invests in early to growth-stage startups across various sectors, including DeepTech, ConsumerTech, HealthTech, Fintech, EdTech, and SaaS, focusing on innovative technology-based products and services.
Trifecta Capital
Trifecta Capital is India's leading alternate financing platform that supports startups throughout their life cycle by managing venture debt funds, a growth equity fund, and a tech platform for treasury management.
Atlas Credit Partners
Atlas Credit Partners is a private credit fund that specializes in secured direct lending and illiquid secondary credit opportunities, providing tailored financial solutions to institutional investors and high-net-worth individuals.
What's next for SwitchOn?
With this major enterprise-level funding, SwitchOn is positioned to accelerate its international market expansion and deepen its R&D capabilities in predictive maintenance. The strategic allocation of this capital will likely focus on scaling the DeepInspect platform to accommodate high-volume production environments and enhancing the software's interoperability with existing industrial IoT frameworks. As the manufacturing sector increasingly pivots toward autonomous quality assurance, SwitchOn is well-equipped to capture significant market share and solidify its role as a foundational technology provider for smart factories worldwide.
See full SwitchOn company page
