CodeData

Raising $750K for an artificial-intelligence-powered manufacturing asset performance management app

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About Product (Makoro™):
  1. Manufacturing companies around the world spent $120B in maintenance alone in 2017. And the numbers keep climbing each year.  What if we could give them back $36B so they could invest in new business opportunities? 
    • Makoro™ does that - predictive asset performance recommendations from Makoro™ put money back in the pockets of manufacturers, asset owners, and operators.
    • Predictive asset performance means better quality and higher safety. 
  2. Asset manufacturers, owners, and operators normally interact with several systems to get answers to their questions.
    • Makoro™ delivers these answers proactively. 
  3. Manufacturing systems allow asset users to view "data".
    • Makoro™ goes beyond data visualization - it delivers recommendations in the language of business users.
Target market:
  • Target geographies: US, Japan, Western Europe, APAC, ME
  • Target Market: $200B
  • Makoro™  can be extended in the future to other related domains like Agritech
Target Customers:
  • Medium and large asset manufacturers, owners and operators
Utilization of Funds:
  • Founders have invested  $250K 
  • More than 5000 hours of work have been contributed
  • We are seeking Long Term Capital Investment of $750,000 to scale engineering (build the product to a General Availability (GA) version). and for sales and marketing activities 
Current State:
  • We have a beta version of Makoro™ 
  • In 2 partnership discussion
  • In 3 proof of concept discussion
Deployment:
  • On-premise
  • Edge
  • Cloud
Pricing:
  • SaaS
  • Term License
Team:
  • Leadership team has combined experience of 100 years building scalable, data-driven solutions for manufacturing and supply chain in the USA, Japan and India
Website:
www.codedata.io

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