Quartic.ai Raises $5 Million in Series A Funding to Accelerate Deployment of Industry 4.0 AI Platform
Summary
Quartic.ai, a full-stack industrial AI and IIoT software provider, has completed a $5 million Series A round of financing led by WRVI Capital, with additional funding through private investors. The platform consists of two main components: the illuminator™, an industrial OT data pipeline, and eXponence™, an automated machine learning, contextual analytics and complex event processing engine. Our platform approach has been very well received by the industry, and its success with our Fortune 500 customers has further validated our approach.” About Quartic.ai Quartic.ai is a technology company based in Toronto, Ontario, and San Jose, California with a development centre in Bengaluru, India. Its flagship product, the Quartic Platform, accelerates the adoption of Industry 4.0 by enabling process manufacturing users and engineers to develop and deploy their own AI and IIoT-based solutions using only their subject matter expertise, without the need for a formal data science or coding background. Through our unique mix of intellectual capital, expertise, and network of relationships, we empower founding teams and drive continuous and measurable progress for our portfolio companies.