Participated · Series A · May 2021

Datanomix, founded in 2017 and based in Nashua, NH, provides a production intelligence platform for precision manufacturers. Its flagship offerings include a No Operator Input Production Monitoring platform and Digital GEMBA Boards that deliver operational insights. The company partners with Hexagon, Vallen, Caron Engineering, ProShop ERP, and Flexxbotics to integrate with manufacturing ecosystems. Datanomix is led by CEO John Joseph and CTO Greg McHale. It raised $12M in Growth funding to drive geographic and digital expansion, product development, and data source integrations. The round included both new and returning investors to support its expansion plans. Founded in 2016 and based in Nashua, New Hampshire, Datanomix offers an operations-monitoring platform that requires no operator input and automatically benchmarks production using only equipment data. The platform connects to factory devices via customers' Wi‑Fi and CNC machine connections to create benchmarks for cycle time, parts per hour, and utilization, and it accounts for complex shift/job scenarios. Dashboards deliver real-time factory KPIs, allow drilldowns into specific metrics, integrate with enterprise systems for maintenance/tuning/calibration, and support alerts for conditions like temperature, pressure, and vibration. The company has 15 employees, says it has attracted “dozens” of new customers this year, and is “consistently” doubling its business every quarter. Datanomix plans to use new funding to grow its sales, marketing, customer success, and engineering teams to expand the reach of its software. CEO John Joseph emphasizes the product's real-time intelligence framework designed to drive people to action and improve productivity and profitability. Datanomix provides a software platform that combines machine learning with cloud-based data processing to produce real-time insights and a production scoring system for industrial manufacturers. Its core product, Fusion, is fully released and deployed in several states. The company says its platform enables manufacturers to manage factory environments and respond rapidly to pressing production problems. Datanomix plans to use new funding to accelerate commercialization and further develop Fusion. Management intends to expand sales and marketing teams with a focus on North American customer growth. The company is expanding nationwide with active account efforts in the Midwest, including Michigan, the Ohio Valley, and the Pittsburgh area. Datanomix offers a data analytics platform for mid-market manufacturers that struggle to draw meaningful insight from IIoT and production data sources. The solution simplifies connectivity and data challenges so employees from the shop floor to the C-suite can use operational data in decision making. The company positions itself as supplying the "brain" for IIoT analytics projects and removing common implementation pain points. Datanomix plans to use newly raised capital to fund the next phase of product development and introduce its solution to a broader market. The company appointed John Joseph as CEO to lead launch and scaling efforts; Joseph brings over 30 years of experience including roles at EqualLogic (acquired by Dell in 2008) and DataGravity (acquired in 2017). Datanomix has relocated its corporate headquarters to downtown Manchester, N.H., and has drawn support from local investors and the New Hampshire tech ecosystem.

Participated · Seed · Mar 2020

Addapptation is developing a template-driven UX platform that sits on top of Salesforce and other enterprise tools to make workflows simpler and more consistent. The platform provides a guided experience either as a standalone login or as a layer within Salesforce and includes around 40 plug-ins such as a heat map to identify high-opportunity sales areas. Solutions are designed to work online and on mobile and typically take no longer than two weeks to build and implement. The company aims to reuse solutions it creates for customers to accelerate deployments across clients. Founders Sumner and Carla Vanderhoof bootstrapped the product over three years before the seed raise and say they have a cooperative relationship with Salesforce rather than competing with it. Addapptation has 15 employees in its Exeter, New Hampshire headquarters and serves 20 customers including Comcast and Ingram Micro. Today it raised a $1.3 million seed to fund continued product development and customer deployments.