Oden Technologies

Oden Technologies

AI-powered real-time manufacturing analytics platform

Overview

Oden Technologies provides a data analytics platform that monitors and optimizes manufacturing processes in real-time using industrial IoT and machine learning. The system works by collecting and cleaning factory data to create a single source of truth, which is then used to provide machine operators with specific, live recommendations for adjusting settings to improve quality and speed. Unlike competitors that only offer data visualization, this platform provides prescriptive guidance that helps even inexperienced workers perform like experts immediately. The company's goal is to help manufacturers eliminate waste and increase production efficiency by turning complex industrial data into clear, actionable instructions.

About Oden Technologies

Simplify's Rating
Why Oden Technologies is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

AI & Machine Learning

Company Size

51-200

Company Stage

Series B

Total Funding

$58.7M

Headquarters

New York City, New York

Founded

2014

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Simplify's Take

What believers are saying

  • INX achieved 21.4% OEE increase using Factory Analytics and Process AI.
  • $28.5M Series B in April 2024 funds new AI products.
  • Predictive models reach 95% accuracy in four weeks.

What critics are saying

  • Seeq erodes market share with superior visualization in chemicals.
  • C3 AI secures paper clients via generative AI scalability.
  • Tulip captures operator niche with no-code workflows.

What makes Oden Technologies unique

  • Process AI delivers real-time prescriptive recommendations to operators.
  • Data Engine creates single source of truth from factory data.
  • Hybrid cloud-edge ML enables low-latency production-grade AI.

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Funding

Total Funding

$58.6M

Below

Industry Average

Funded Over

6 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Below Average

Industry standards

$35M
$30M
Patreon
$45M
Linktree
$65M
Substack
$100M
ClickUp

Benefits

Remote Work Options

Company Equity

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

2%
Connect CRE
Jun 13th, 2024
Oden Technologies Renews Flatiron Lease with The Moinian Group

The Moinian Group has signed a 3,000-square-foot lease renewal with Oden Technologies at 10 West 18th Street in the Flatiron district.

CMN Publishing Ltd
Apr 10th, 2024
INX invests in AI tech firm

INX has participated in a $28.5M Series B round of venture funding for Oden Technologies, led by Nordstjernan Growth.

Chronicle-Tribune
Apr 10th, 2024
Oden Technologies Raises $28.5M Series B to Launch Suite of AI Products for Manufacturing

Oden technologies raises $28.5M series B to launch suite of AI products for manufacturing.

FinSMEs
Apr 10th, 2024
Oden Technologies Raises $28.5M in Series B Funding

Ebba Lilliehöök, from Nordstjernan Growth, and Anders Berggren, an independent manufacturing executive, will join Oden's board as part of the round.

ACCESS Newswire
Apr 10th, 2024
Oden Technologies Raises $28.5M Series B to Launch Suite of AI Products for Manufacturing

Oden Technologies is the leading provider of AI-driven solutions for manufacturers, transforming billions of complex data points into action for the front-line every day.

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