Litmus Automation
Provides the solution to transform critical edge data into actionable intelligence that can power maintenance.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor investor investor investor investor investor | €0.0 | round |
| investor investor investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | $30.0m | Series B | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | 95 % | 56 % | 10 % | 13 % | 108 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Litmus Automation Inc. operates in the Industrial Internet of Things (IIoT) market, offering an intelligent edge computing platform designed to collect, normalize, analyze, and act on real-time data at the source. The company's core product, Litmus Edge, enables industrial clients to harness operational data for increased visibility, maximized uptime, and actionable insights. Litmus serves a diverse range of industries, including food and beverage, by simplifying the process of data collection and analysis directly from manufacturing operations. The business model revolves around providing a comprehensive platform that integrates edge device lifecycle management, centralized management for devices, data, and applications, and pre-built analytics. Litmus generates revenue through software licensing, subscription services, and a marketplace of applications. The platform supports over 250 machines out-of-the-box and offers a marketplace with 45 applications, making it a versatile solution for industrial automation needs.
Keywords: Industrial IoT, edge computing, real-time data, operational visibility, uptime maximization, data analytics, device management, manufacturing data, software licensing, subscription services.