Instrumental

company

About

Ship hardware products on time with high-resolution manufacturing data.

Details

Last Funding Type
Series C
Last Funding Money Raised
$50M
Industries
Consumer Electronics,Manufacturing,Software
Founded date
Jan 1, 2015
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Instrumental, Inc.

Instrumental is building software that enables assembly lines to autonomously operate, learn, and adapt parts and processes - saving billions of dollars in scrap and rework costs.

Their customers use Instrumental to find and fix issues on their assembly lines, preventing development schedule slips and beginning production at higher yields. Their equipment and data service is deployed on multiple global assembly lines at top-tier manufacturers.

Instrumental was founded by Anna-Katrina Shedletsky and Samuel Weiss, two former Apple engineers who, after spending hundreds of days in China on manufacturing lines, set out to revolutionize the manufacturing space. They are assembling a diverse team who sees inefficiencies as opportunities and want to develop a system that changes the manufacturing world for the better.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$80.30M
Instrumental has raised a total of $80.30M in funding over 2 rounds. Their latest funding was raised on Feb 16, 2022 from a Series C round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Feb 16, 2022 Series C $50M 4 BAM Elevate Detail
Jul 29, 2020 Series B $20M 5 Canaan Partners Detail
Feb 14, 2020 Series B 1 Detail
Jun 21, 2017 Series A $7.50M 3 Detail
Dec 15, 2015 Seed $2.80M 2 First Round Capital Detail

Investors

Number of Lead Investors
Number of Investors
3
7
Instrumental is funded by 7 investors. BAM Elevate and Canaan Partners are the most recent investors.
Investor Name Lead Investor Funding Round
BAM Elevate Yes Series C
Canaan Partners Series C
Eclipse Ventures Series C
Root Ventures Series C
First Round Capital Series B
StartX (Stanford-StartX Fund) Series B
GRIDS Capital Series B

Employee Profiles

Number of Employee Profiles
5
Instrumental has 5 current employee profiles, including Board member Jamie McGurk
Board member
Employee
Executive