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