DeepHow Raises $9M Pre-Series A Funding to Bridge the Skills Gap in the Manufacturing, Service, and Construction Industries
Summary
"This oversubscribed pre-Series A round underscores the vision we share with our investors and demonstrates their confidence in our ability to build on our technical leadership and accelerate our go-to-market operations," said Dr. Sam Zheng, CEO and co-founder of DeepHow. Designed for the manufacturing, field service, construction, and equipment maintenance sectors, DeepHow streamlines the capture and transfer of technical skills and know-how — compressing project time ten-fold, boosting worker performance by 25 percent, and dramatically reducing overall training and development costs. "Sam and his experienced team at DeepHow have developed breakthrough technology that is already delivering a clear ROI in enterprise manufacturing settings," said Ben Yu, managing partner at Sierra Ventures. "DeepHow is seeing strong market tailwinds due to the rapid changes in technology, an aging workforce, and the shortage of skilled workers in the global manufacturing and service industries. DeepHow streamlines know-how capture using AI workflow indexing and segmentation at one-tenth the time of traditional video-editing approaches, and powers knowledge transfer with smart, how-to training videos that boost employee performance by 25 percent.