Tractian secures 130 million dollars in Series D funding
Tractian has raised 130 million dollars in Series D funding at a 1.4 billion dollar valuation to expand its industrial asset health platform.
FTMQ Startups, written by our newsroom0 views
Industrial artificial intelligence startup Tractian has raised 130 million dollars in a Series D funding round that values the company at 1.4 billion dollars, AI Insider reported. Sapphire Ventures led the round, which was co-led by M and G's Catalyst. [1]
According to AI Insider, several new and existing investors also participated in the round. These investors include N47, General Catalyst, Bosch Ventures, 53 Stations, Monashees, Endeavor Catalyst, Norte Ventures, and Y Combinator. [1]
The company provides an asset health solution that applies physical artificial intelligence to critical machinery. Asset management involves a systematic process of operating, maintaining, upgrading, and disposing of assets in a cost-effective manner. AI Insider reported that the platform uses multimodal intelligence, including vibration data, to monitor infrastructure. [1][4]
Tractian plans to use the capital to transition from predicting machine failures to protecting the overall health of critical operational equipment, according to AI Insider. [1]
In short
- Tractian raised 130 million dollars in Series D funding.
- The funding round values Tractian at 1.4 billion dollars.
- Sapphire Ventures led the round, with M and G's Catalyst co-leading.
Sources
Every paragraph above points to the numbered items it rests on. Read the originals here.
- [1]Tractian Closes $130M Series D to Expand AI for Industrial Asset HealthAI Insider, 9h ago (the report this story comes from)
- [2]Labcorp To Acquire Millennium Health To Expand Toxicology Testing CapabilitiesPulse 2.0, 21h ago
- [3]Baba Closes $40 Million Series A for Medicare, Medicaid Care Platformnews.lavx.hu, 17h ago
Background
- [4]Asset management on Wikipedia
- [5]SpaceXAI on Wikipedia
Our newsroom writes these reports with the help of software, from the 5 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.
Related from FTMQ Startups
Earlier reports of ours on the same people and subjects.
- Spectrum Equity makes growth investment in healthcare data startup SymmetricFunding Rounds, 18d ago
More in Funding Rounds
- Tenstorrent Series E deal accounts for 85 percent of weekly venture funding1d ago
- Ukraine partners with Nokia and ICEYE for sovereign satellite communications2d ago
- Carta and NewView Capital partner to simplify startup tender offers2d ago
- Barclays to eliminate 5,000 roles in artificial intelligence drive3d ago
- Legora secures 550 million dollars in Series E at 8 point 8 billion valuation4d ago
- IFM Investors Names Michael Kulper North America Infrastructure Head4d ago
Get the day in one email
Reports like this one, the top news of the last 24 hours, every morning. Free, one email a day; readers can comment under every report.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.

Comments
Loading
Join the conversation
Comments are open to readers of our daily email: the top news of the last 24 hours, every morning, free. Sign up and the comment box opens.
Already on the list? Enter the same address and we will send a sign-in link.
By signing up you agree to our terms and privacy policy. Unsubscribe any time.