Artificial Intelligence | Machine Learning | Machine Perception Rithmik Solutions | Asset Health Analyzer


Enterprise, Asset Management, Mining, Data Gathering, Data Storage, Data Analysis, Data Visualization Montreal, QC, Canada

Rithmik Solutions

Artificial Intelligence | Machine Learning | Machine Perception


Rithmik Solutions | Asset Health Analyzer

Rithmik Solutions

Asset Management, Mining, Data Gathering, Data Storage, Data Analysis, Data Visualization


Montreal, QC, Canada

Mining companies typically spend a massive 20% – 50% of annual operating budgets on equipment repair and maintenance, and reduced yield from downtime has an even greater financial impact. The major cause of downtime is that reliability and maintenance teams don’t have the information they need to diagnose and prevent failures. That’s why Rithmik Solutions created Asset Health Analyzer (AHA). AHA works with the data collection systems and reporting platforms mines want to use, which means you can get insights without having to tear out what’s already in place. 

Rithmik’s algorithms shed light on the root causes of heavy equipment failure, yielding increased clarity, unconventional insights, and the ability to take early action on what might otherwise be expensive, major breakdowns. We’ll work with partners to identify the best way to collect data from your equipment and consult with you throughout the data collection process. We’ll present your data in a way that makes it as easy as possible to understand and act on, providing our own dashboards or feeding insights through your existing tools.  

 
 

   Total Funding: $25,000

   Funding Stage: Funded

   Business Stage: Scaling Up

   Market: B2B

   Company Size: 1 to 25

   Founded: 2017

 
 

Date

Round

$ Raised

Investors

03/22/2024

Funded

$2M

Cycle Momentum, DEV Capital, Chrysalix Venture Capital, Ecofuel Fund

Date : 03/22/2024

Round: Funded

$ Raised: $2M

Investors: Cycle Momentum, DEV Capital, Chrysalix Venture Capital, Ecofuel Fund

03/21/2024

Seed

$1.5M

Chrysalix Venture Capital, Cycle Momentum, Developer Capital, Ecofuel Fund, Sprout Fund LP

Date : 03/21/2024

Round: Seed

$ Raised: $1.5M

Investors: Chrysalix Venture Capital, Cycle Momentum, Developer Capital, Ecofuel Fund, Sprout Fund LP

 

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Amanda Truscott


Amanda Truscott
Co-founder & CEO

Kris Isfeld


Kris Isfeld
Co-founder & COO

Kevin Urbanski


Kevin Urbanski
Co-Founder & CTO

 
 

Rithmik Solutions is growing. Want to work at Rithmik Solutions? Rithmik Solutions is hiring. Join team at Rithmik Solutions

 
 
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