What is Predixion Software?
Predixion Software is at the forefront of predictive analytics, offering solutions designed to enable organizations across healthcare, manufacturing, and transportation to harness their data for enhanced decision-making. Their core product, Predixion Insight, facilitates real-time predictive analytics derived from the Internet of Things (IoT), empowering clients to optimize operations, mitigate risks, and improve customer engagement. By embedding analytics directly into applications and devices, Predixion Software provides actionable intelligence, aiming to foster a safer and more efficient world through its innovative predictive technologies.
How much funding has Predixion Software raised?
Predixion Software has raised a total of $37.9M across 6 funding rounds:
Private Equity
$800K
Private Equity
$2.1M
Series A
$5M
Series B
$6M
Series C
$20M
Series D
$4M
Private Equity (2009): $800K, investors not publicly disclosed
Private Equity (2010): $2.1M, investors not publicly disclosed
Series A (2010): $5M supported by DFJ Frontier and Miramar Venture Partners
Series B (2011): $6M featuring DFJ Frontier, Palomar Ventures, and Miramar Venture Partners
Series C (2013): $20M backed by Miramar Venture Partners, DFJ Frontier, Palomar Ventures, and GE Ventures
Series D (2015): $4M with participation from Software AG and GE Ventures
Key Investors in Predixion Software
Software AG
Software AG is an established enterprise software company providing digital transformation, API management, integration, and data analytics solutions, with a history dating back to 1969.
GE Ventures
GE Ventures, part of General Electric, invests in companies that align with GE's strategic interests in technology and innovation across sectors like power, aviation, and healthcare.
DFJ Frontier
DFJ Frontier, operating within the Venture Capital & Private Equity industry, focuses on investing in innovative companies and supporting their growth.
What's next for Predixion Software?
With a history of consistent capital raising, including a Series D round, Predixion Software appears poised for significant scaling and market penetration. The recent major strategic investment suggests strong investor confidence in the company's technology and business model. This backing will likely enable Predixion Software to accelerate product development, expand its sales and marketing efforts, and potentially explore new industry verticals or geographical markets. The company's focus on actionable insights from IoT data positions it well to capitalize on the growing demand for advanced analytics in an increasingly connected world.
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