2024 Revenue
$2.9M
Funding
$2.1M
YOY
86.5%
Team
20
Founded
2017
How Industrial Analytics IA CEO Richard Bussow grew 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 | Quote |
|---|---|---|
| 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 | Quote |
|---|---|---|---|---|---|
| 2019 | Funding round | $1.8M | - | - | |
| 2017 | Funding round | $303.6K | - | - |
Founder / CEO
Richard Bussow
CEO
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.
Industrial Analytics IA Employees & Team Size
Industrial Analytics IA employs approximately 20 people as of 2026, including 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) |
Frequently Asked Questions about Industrial Analytics IA
What is Industrial Analytics IA's revenue?
Industrial Analytics IA generates an estimated $2.9M in annual 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 across 2 rounds.
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.
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.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
Claim this profilePeople Also Viewed

Qollabi
Channel Sales, Branch Management, Broker Management, Resellers, Agents? Qollabi helps companies to build stronger partner and business relationships. Our BRM (Business Relationship Management) software is made for professionals who are responsible for managing indirect sales channels (eg. managing agents, branches, brokers, resellers, partners etc). The journey of the end customer has changed dramatically in the last decade. Therefore, the role of the (channel) account manager and the role of the intermediary changed enormously. Most of the companies make their account and business plans in PowerPoint, Excel or Word. This makes it difficult to follow up and leads to presentations that get stuck somewhere in a drawer. Leading to lost productivity and efficiency impacting your entire channel and therefore turn-over. Qollabi digitalizes and centralizes your plans. It makes it easy to follow up and collaborate in a digital way. Plan: group your accounts and set Objectives and Key Res

HireSweet
Use HireSweet CRM and HireSweet Marketplace to attract more candidates across all roles.

Quicksilva
Provider of systems integration and messaging services based in the United Kingdom. The company offers integration, consultancy, managed and partner services, enabling health, social care and other industries to get affordable services.

Salaso Health Solutions
Provider of online physiotherapy prescription services intended to offer practice exercise rehabilitation to people everywhere. The company's online physiotherapy prescription services are offered through a software that provides exercise videos to patients through smartphone, tablet or computer along with an e-learning tool to engage patients with the content and ensure adherence to the home exercise program, enabling healthcare professionals to deliver physiotherapy exercises to their patients and ensure their recovery.

Veridium
Developer of a biometric identification platform intended to reduce data breaches and fraudulent transactions. The company's platform replaces tokens and passwords and instead uses a single-step multi-factor biometric authentication feature to verify data and distribute the storage between the device and server and avoid external intrusions, enabling businesses to detect and eliminate unwanted breaches, hence maintaining data privacy.

Wiztopic
Developer of a cloud-based SaaS platform and a new generation of a corporate communications platform. The company corporate communications platform is dedicated to corporate and financial communication executives. It helps them to streamline content management, SEO, social and multichannel distribution, stakeholder relationships and performance assessment, in full compliance with their sectors' constraints. It manages all content formats (video, images, text, infographics, audio) and is adapted to mobile or other devices, enabling businesses executives to simplifies corporate and financial content distribution, stakeholders relationship management, event organization and tracking of communication performance.

