Datch
Assembly Line
Datch Closes $15M Series A
Datch, a pioneer in AI technology for frontline manufacturing, energy and utility sectors, announced the closing of its $15M Series A via an extension led by Third Prime. The fundraise coincides with the launch of Datch’s latest product offering, Asset Insights. Third Prime, a leading venture firm focused on the industrial technology space, led the latest round of funding, and is joined by existing investors including Blackhorn Ventures, Blue Bear Capital and Susquehanna Investment Group. Datch plans to use this funding to invest in market expansion within the enterprise while increasing capabilities within the Asset Insights toolkit.
Datch’s Asset Insights leverages breakthroughs in LLM and graph technology so organizations can turn the unstructured, disparate information within their ecosystem into actionable insights that improve operational outcomes. As the latest installment of Datch’s Frontline Intelligence Platform, it represents the next step in the company’s mission to empower operations that accelerate the world’s economy.
Blackhorn Ventures Leads Datch's Series A with $10 Million Investment
In just a few years, we have rapidly expanded, introducing our technology into Fortune 500 and other industry-leading enterprises, and now work with a range of sectors: utilities, energy, manufacturing, mining, and aviation. Continuing with this momentum, we are proud to announce our latest funding round of $10 million. Blackhorn Ventures, an Industry 4.0 fund investing in software companies redefining the industrial sector, led the capital raise, which was also supported by Blue Bear Capital, Boeing HorizonX, Park Partners, Lorimer Ventures, and others.
The funding will be used to expand Datch’s platform capabilities, introduce new integration tools, and scale our enterprise operations and support. Our goal is to provide our customers with the toolkit to map their unique processes and connect Datch to their systems-of-record with ease.