Fundz

Momenta Invests In Shoreline Iot, Expanding Real-Time Asset Management

PRIVATEAug 17, 2022

Round Type

Funding Round

San FranciscoSoftwareArtificial IntelligenceMachine LearningSaaS

Description

Momenta leads first institutional investment in Shoreline IoT to rapidly scale their solution to industries worldwide.

Quick answer

Shoreline IoT raised an undisclosed amount in a Funding Round round, dated August 17, 2022. Shoreline IoT is based in San Francisco, California, United States.

How much did Shoreline IoT raise?
Shoreline IoT raised an undisclosed amount in a Funding Round round on August 17, 2022.
What does Shoreline IoT do?
Shoreline IoT is an industrial AI/ML asset performance management SaaS solution company.
Where is Shoreline IoT based and how big is it?
Shoreline IoT is based in San Francisco, California, United States.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as Shoreline IoT that raised within 45 days of this round, from Fundz verified event records.

  • Brightflow AI raised $15M (Series A) on September 21, 2022.
  • TrueFoundry raised $2.3M (Seed) on September 20, 2022.
  • Tellius raised $16M on September 14, 2022.
  • Live Earth raised $10M (Funding Round) on September 8, 2022.
  • Fairmarkit, Inc. raised $36M (Series C) on September 1, 2022.
  • Nightfall AI raised $40M (Series B) on August 10, 2022.

Who to call at Shoreline IoT, and when

A new round usually means Shoreline IoT is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Shoreline IoT raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Shoreline IoT, from your own LinkedIn network

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Company Information

Company

Shoreline IoT

Location

Dell Ave

San Francisco, California, United States

About

Shoreline IoT is an industrial AI/ML asset performance management SaaS solution company. It enables asset-intensive industries to connect all their assets and unlock rich operational data to manage performance, improve efficiency, reduce maintenance costs, and extend equipment's useful life by decades. It was founded by AI, ML, Cloud, HW, and industrial machine modeling experts from leading companies. For more information, visit https://www.shorelineiot.com.

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Fundz sees it the moment Shoreline IoT raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Shoreline IoT raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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