Razor™ creates a future without disruptions
Shifting from traditional operating and business models to one that exploits the IIoT and advanced tools like AI is critical to remain competitive in a data driven world.
Praemo delivers Razor™ — an analytics engine combining industry expertise with AI and the IIoT to predict and prevent disruption to your operations.
THE TRANSFORMATION
Forward-thinking manufacturers and industrial product companies across the globe have made great strides in connecting their operations to the Industrial Internet of Things (IIoT) in recent years. Succeeding in the IIoT era demands the transformation of operating and business models. Determining how AI and IIoT can benefit your organization’s operations is key for the future of work.
THE TECHNOLOGY
Using Artificial Intelligence, the Industrial Internet of Things, and extensive industry knowledge, we are redefining how organizations operate. Our Razor™ technology is built to provide predictive analytics and prescriptive intelligence to help organizations turn their operations data into actionable insights.
THE PEOPLE
Our team acquires top talent on many fronts — spanning from Data Scientists and AI talent to Industry experts. We pride ourselves on being of industry, for industry.
Shifting from traditional operating and business models to one that exploits the IIoT and advanced tools like AI is critical to remain competitive in a data driven world.
Praemo delivers Razor™ — an analytics engine combining industry expertise with AI and the IIoT to predict and prevent disruption to your operations.
THE TRANSFORMATION
Forward-thinking manufacturers and industrial product companies across the globe have made great strides in connecting their operations to the Industrial Internet of Things (IIoT) in recent years. Succeeding in the IIoT era demands the transformation of operating and business models. Determining how AI and IIoT can benefit your organization’s operations is key for the future of work.
THE TECHNOLOGY
Using Artificial Intelligence, the Industrial Internet of Things, and extensive industry knowledge, we are redefining how organizations operate. Our Razor™ technology is built to provide predictive analytics and prescriptive intelligence to help organizations turn their operations data into actionable insights.
THE PEOPLE
Our team acquires top talent on many fronts — spanning from Data Scientists and AI talent to Industry experts. We pride ourselves on being of industry, for industry.
Location: Canada, Ontario, Kitchener
Employees: 11-50
Phone: +1 833-202-6879
Total raised: $6.92M
Founded date: 2017
Investors 2
| Date | Name | Website |
| - | CIBC Innov... | innovation... |
| - | BDC | bdc.ca/ |
Funding Rounds 2
| Date | Series | Amount | Investors |
| 13.10.2020 | Series A | $3.42M | - |
| 22.08.2019 | Series A | $3.5M | - |
Mentions in press and media 2
| Date | Title | Description |
| 13.10.2020 | Praemo raises $4.5 million CAD in Series A follow-on financing | Kitchener-Waterloo-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised $4.5 million CAD in financing, bringing the startup’s total raised to date to $8 million. “This additional funding allows us to a... |
| 22.08.2019 | Praemo raises $3.5 million to develop industrial IoT platform | Kitchener-based Praemo, which uses industrial IoT data to provide insights to enterprises, has raised a $3.5 million Series A. The round was led by McRock Capital. Praemo’s Razor platform uses artificial intelligence to detect problems in a... |