Tractian Secures $120M in Series C Funding to Expand Manufacturing AI Solutions
Tractian supports manufacturing leaders with innovative AI-powered solutions.
Company Name: Traction
Location: Atlanta, GA
Industry: Manufacturing AI
Funding Details:
- Amount: $120M
- Round: Series C
- Led by: Sapphire Ventures
- Participating Investors: General Catalyst, Next47, and NGP Capital
Purpose of Investment:
The funds will be used to:
- Expand operations globally
- Advance development efforts to enhance its industrial AI platform
Leadership:
- Igor Marinelli, CEO
Product:
Tractian provides an Industrial Copilot platform that helps manufacturing leaders:
- Prevent unplanned downtime
- Boost operational efficiency
- Enhance maintenance capacity
The platform addresses the root causes of downtime by leveraging proprietary AI models and Large Language Models (LLM) to analyze machine utilization, OEM specifications, and operational demands. It bridges the human-to-machine knowledge gap by delivering actionable insights.
About the Company:
With a focus on global expansion, Tractian supports manufacturing leaders with innovative AI-powered solutions. The company operates internationally with offices in Mexico City and São Paulo, aiming to transform the way industries approach maintenance and efficiency.
