Lean Systems
Instantly collect production data on any device, providing the insights needed to optimize operations.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
$10.0k | Seed | ||
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Lean Systems offers a data analytics platform tailored for the manufacturing sector, specifically focusing on optimizing industrial operations. The company was co-founded by Lisa Scolnick and Derek Scolnick. The inception of the company was driven by direct experience with the inefficiencies of traditional data collection on the factory floor. Lisa Scolnick brings over 30 years of manufacturing and Lean Transformation leadership, aiming to boost productivity through data transparency and empowering the shop floor workforce. Complementing this is Derek Scolnick, a serial entrepreneur and software developer focused on creating impactful products to solve complex problems for manufacturers.
The core of Lean Systems' offering is a software platform that digitizes and automates production data collection and reporting. This service is designed for manufacturers engaged in operator-paced, cyclical work and can be adapted for tracking people, machines, or workstations in mixed-model environments. By replacing paper-based methods, the system captures real-time production data from any device on the shop floor. This allows for the quantification of production losses and Overall Equipment Effectiveness (OEE), providing immediate visual dashboards and feedback on performance issues. The platform helps supervisors monitor production in real-time to meet goals, while management can use the data for long-term strategic decisions and diagnosing productivity constraints.
The business model is centered on providing a tool that streamlines data handling, which in turn reduces operational downtime and enhances overall efficiency. The system is engineered for quick setup and configurability to a specific production environment. The company's mission is to reveal the 'hidden factory' by making production data transparent and actionable, thereby facilitating continuous improvement. In January 2022, Lean Systems received $10,000 in funding from the ilab accelerator program. Keywords: manufacturing software, operational performance, OEE, production tracking, data analytics platform, industrial operations, lean manufacturing, shop floor data collection, real-time production data, productivity improvement, downtime reduction, data visualization, continuous improvement, manufacturing intelligence, factory optimization, assembly line analytics, production monitoring, operational efficiency, digital manufacturing, industrial software