ThinkIQ offers a Continuous Intelligence SaaS platform that captures granular real-time data from legacy and smart equipment, IoT sensors, OT and IT systems to deliver material traceability and visibility across complex supply chains. Its Vision product combines vision-processing software with pre-packaged machine learning and AI to turn standard shop-floor cameras into sensors and eliminate blind spots. The platform is positioned to improve yield, quality, safety, compliance, and brand confidence; customers have saved $10's of millions by identifying waste, underperforming assets, and reducing warranty reserves. ThinkIQ provides end-to-end contextualized analytics to facilitate transformative decision-making across manufacturing and supply chain operations. The company is privately held and headquartered in Aliso Viejo, California. ThinkIQ is pursuing market expansion and broader adoption of its platform through strategic partnerships and collaborations. ThinkIQ is an Aliso Viejo, CA-based digital manufacturing transformation SaaS platform led by CEO Doug Lawson. Its platform provides manufacturers with a granular, data-centric, contextualized view of material flows and provenance attribute data to improve yield, quality, safety, compliance and brand confidence. The platform integrates into existing IoT infrastructures and spans supply chains to manufacturing processes and beyond to enable optimization of production execution. ThinkIQ says this visibility helps reduce waste and environmental impact while enabling a precise understanding of manufacturing data. The company raised $11.6M in Series A funding to accelerate growth of its platform. The round was led by Ecosystem Integrity Fund with participation from Hitachi Ventures and ArcTern Ventures.

Total raised

$12M

Funding rounds

2

Latest round

Series A

Latest activity

Oct 2020