Predikto, an Atlanta, GA-based provider of analytics solutions to improve equipment reliability of rail and aviation fleets, raised $4m in Series A funding.
The round was led by Fidelis Capital with participation from TechOperators and others.
The company intends to use the funds expand its Engineering, Data Science and Customer Success team and go to Europe.
Led by CEO Mario Montag, Predikto provides a SaaS-based actionable analytics solutions to improve visibility and equipment reliability of rail, aviation, and industrial fleets. Automated machine learning allows analysis of a broad array of information including sensor data, maintenance records and weather, which gives warnings of likely future failures and enables asset managers to make informed deployment decisions.
The company currently has a team of 30+.