Instrumental

Instrumental

AI platform for manufacturing process optimization

About Instrumental

Simplify's Rating
Why Instrumental is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Industrial & Manufacturing

AI & Machine Learning

Company Size

51-200

Company Stage

Series C

Total Funding

$80.3M

Headquarters

Palo Alto, California

Founded

2015

Overview

Instrumental offers an AI-powered platform that analyzes data from various stages of the manufacturing process to identify defects and issues in real-time. This service is particularly useful for industries like aerospace and electronics, where precision is essential. Clients subscribe to access the platform, which requires only five units to start, making it a cost-effective solution. By promoting transparency and collaboration, Instrumental helps manufacturers make faster decisions, leading to cost savings and improved product quality.

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Simplify's Take

What believers are saying

  • Partnerships with Siemens and Motorola expand Instrumental's market reach and capabilities.
  • $50M Series C funding supports growth and development of Instrumental's platform.
  • Industry 4.0 trends increase demand for AI-powered solutions like Instrumental's.

What critics are saying

  • Siemens' 'Siemens for Startups' program may attract potential Instrumental clients.
  • Dependency on Siemens' ecosystem could limit Instrumental's strategic flexibility.
  • Pressure from Series C investors may lead to strategic missteps if not managed.

What makes Instrumental unique

  • Instrumental's AI platform autonomously optimizes assembly lines, reducing scrap and rework costs.
  • The platform provides real-time defect detection, enhancing production efficiency and quality control.
  • Instrumental's solution offers transparency, making clients feel present in their factories.

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Funding

Total Funding

$80.3M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Meet Average

Industry standards

$50M
$50M
Medium
$50M
Instrumental
$62M
SeatGeek
$100M
Oura

Benefits

Health Insurance

Vision Insurance

Dental Insurance

Commuter Benefits

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

-1%

2 year growth

-2%
PR Newswire
Jan 7th, 2025
Siemens Launches New Program To Empower Startups With Cutting-Edge Technology

Siemens for Startups program to streamline the collaboration process and facilitate partnerships with new innovative companiesSiemens to collaborate with Amazon Web Services (AWS) to deliver access to Siemens Xcelerator ecosystem and accelerate innovation at startupsMUNICH, Jan. 7, 2025 /PRNewswire/ -- Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups. Announced at CES 2025 in Las Vegas, the program will enable new innovative companies to accelerate innovation, streamline development processes and scale faster by providing venture-related services, while reducing the cost of access to Siemens software and hardware.Siemens today launched Siemens for Startups, a new program to empower early-stage engineering and manufacturing startups."Startups are essential to making our customers more competitive, sustainable and resilient. By collaborating with startups, Siemens helps bring breakthrough ideas to industries faster, empowering customers to address global challenges more effectively with cutting-edge technologies, tools and solutions," said Peter Koerte, Member of the Managing Board of Siemens AG, Chief Technology Officer and Chief Strategy Officer.The Siemens for Startups program has three pillars:ConnectThe new program will help onboard startup companies to the Siemens Xcelerator marketplace, thus providing access to a global go-to-market channel and the Siemens Xcelerator ecosystem.CollaborateAs an early customer and co-developer, Siemens will collaborate with leading startups through venture clienting. This approach will give Siemens access to cutting-edge capabilities and services and provide startups with the early revenue needed for growth.EmpowerSolutions from the "Siemens for Startups" program will provide startups – whether focused on product development or on software development – with packaged access to essential software tools from Siemens Xcelerator.Partnership with AWSAs part of its ongoing strategic collaboration with AWS, Siemens will link the "Siemens for Startups" program with AWS's Startup program to accelerate innovation, streamline development processes and enable startups to scale faster. The collaboration underscores both companies' commitment to fostering entrepreneurship and driving digital transformation in the industrial sector."Collaborating with Siemens allows us to extend the capabilities of our AWS Startup program to a new generation of innovators in the engineering and manufacturing space," said Jon Jones, Vice President and Global Head Startups at AWS

PRGN
Jul 8th, 2024
PRG and Instrumental Join Forces to Revolutionize Hardware Development

In a groundbreaking move set to transform the hardware development landscape, Product Realization Group (PRG) has announced a strategic partnership with Instrumental.

News Deli
Jun 6th, 2023
Instrumental Appoints Joe Dermenjian as Head of Customer Success to Enhance Client Outcomes & Boost Business Development

Joe Dermenjian joins Instrumental with a profound experience spanning 17 years in Customer Success, Account Management, and Engineering.

Ein Presswire
May 24th, 2023
Instrumental Joins Siemens Dynamo Program and will complement Siemens’ Teamcenter Quality offering with AI Capabilities

Instrumental, the leading AI-powered manufacturing quality platform, is excited to announce its official collaboration with Siemens through the Siemens Dynamo program ( https://www.siemens-dynamo.com/ ), an open innovation program serving as a commercialization vehicle for start-up companies with Siemens, its customers and partners.

Career News Hub
May 23rd, 2023
Instrumental hires Alon Ben Shoshan as Chief Business Officer | Career News Hub

Palo Alto, California – Instrumental, Inc, the provider of the leading Manufacturing Data and AI Platform, is pleased to announce that Alon Ben-Shoshan has joined Instrumental as the company's Chief Business Officer.

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