2024 Revenue
$2.9M
Funding
$2.1M
YOY
86.5%
Team
20
Founded
2017
How Industrial Analytics IA CEO Richard Bussow grew Industrial Analytics IA to $2.9M revenue with a 20 person team in 2024.
Developer of a solution for monitoring turbomachinery designed to support the German industry and machine operators with digitalization. The company's software as a service model offers online condition monitoring for machines and plants of the process industry, enabling companies to reduce operating costs and increase availability.
Last updated
Industrial Analytics IA Revenue
In 2024, Industrial Analytics IA's revenue reached $2.9M. The company previously reported $1.6M in 2023. Since its launch in 2017, Industrial Analytics IA has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2024 | Industrial Analytics IA Hit $2.9m revenue in October 2024 |
| 2023 | Industrial Analytics IA Hit $1.6m revenue in October 2023 |
| 2021 | Industrial Analytics IA Hit $1.2m revenue in April 2021 |
| 2017 | Launched with $0 revenue |
Industrial Analytics IA Valuation, Funding Rounds
Industrial Analytics IA has not publicly disclosed its valuation. The company has raised $2.1M in total funding to date.
Industrial Analytics IA has raised $2.1M in total funding across 2 rounds, with its most recent round in 2019.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2019 | Funding round | $1.8M | - | - |
| 2017 | Funding round | $303.6K | - | - |
Industrial Analytics IA Employees & Team Size
Industrial Analytics IA employs approximately 20 people as of 2026.
Industrial Analytics IA has 20 total employees in different roles and functions and 7 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 20 employees (October 2024) |
| 2023 | Reached 20 employees (October 2023) |
| 2022 | Reached 13 employees (October 2022) |
| 2021 | Reached 18 employees (December 2021) |
| 2021 | Reached 18 employees (April 2021) |
Founder / CEO
Richard Bussow
He had the idea and gathered the team to start Industrial Analytics, building an AI service featuring engineering insights in chemicals and utilities using vibration and process models. We assist companies with their digital transformation with profound experience of rotating machines and associated processes.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Industrial Analytics IA yet.
Frequently Asked Questions about Industrial Analytics IA
What is Industrial Analytics IA's revenue?
Industrial Analytics IA generates $2.9M in revenue.
Who founded Industrial Analytics IA?
Industrial Analytics IA was founded by Richard Bussow.
Who is the CEO of Industrial Analytics IA?
The CEO of Industrial Analytics IA is Richard Bussow.
How much funding does Industrial Analytics IA have?
Industrial Analytics IA raised $2.1M.
How many employees does Industrial Analytics IA have?
Industrial Analytics IA has 20 employees.
Where is Industrial Analytics IA headquarters?
Industrial Analytics IA is headquartered in Berlin, Berlin, Germany.
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Compare Industrial Analytics IA to the industry
Industrial Analytics IA operates across multiple industries. Browse revenue, funding, and growth data for Industrial Analytics IA in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .