2024 Revenue
$2.9M(Est.)
Funding
$2.1M
Team
20
Founded
2017
Industrial Analytics IA Revenue & Funding (2024)
Industrial Analytics IA generated an estimated $2.9M in annual revenue in 2024. Source: GetLatka estimate
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 | Source |
|---|---|---|
| 2024 | Industrial Analytics IA Hit $2.9m revenue in October 2024 | Estimated |
| 2023 | Industrial Analytics IA Hit $1.6m revenue in October 2023 | Estimated |
| 2021 | Industrial Analytics IA Hit $1.2m revenue in April 2021 | Not recorded |
| 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 | Source |
|---|---|---|---|---|---|
| 2019 | Funding round | $1.8M | - | - | Not recorded |
| 2017 | Funding round | $303.6K | - | - | Not recorded |
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.
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 | Source |
|---|---|---|
| 2024 | Reached 20 employees (October 2024) | Not recorded |
| 2023 | Reached 20 employees (October 2023) | Not recorded |
| 2022 | Reached 13 employees (October 2022) | Not recorded |
| 2021 | Reached 18 employees (December 2021) | Not recorded |
| 2021 | Reached 18 employees (April 2021) | Not recorded |
Frequently Asked Questions about Industrial Analytics IA
What is Industrial Analytics IA's revenue?
As of 2024, Industrial Analytics IA generated an estimated $2.9M in annual revenue.
Who founded Industrial Analytics IA?
Industrial Analytics IA was founded by Richard Bussow.
When was Industrial Analytics IA founded?
Industrial Analytics IA was founded in 2017.
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?
As of 2024, Industrial Analytics IA had 20 employees.
Where is Industrial Analytics IA headquartered?
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
RawData
B2B SaaS powered by AI that makes crop predictions (best harvesting time, plant diseases...)...
Beonprice
Developer of a hotel revenue management software designed to maximize hotel revenue. The company's...
VendorPanel
Developer of a procurement platform for government and enterprise in Australia and overseas. The...
Rainbird Technologies
Developer of a cloud-based artificial intelligence platform intended to automate decision making...
720 Degrees
Provider of a cloud based analytics platform designed to offer indoor environmental quality...
Nova Leah
Developer of a medical device security software designed to provide cyber security solutions across...
