Participated · Series A · May 2021

Ndustrial is a Raleigh, NC-based provider of an AI-powered platform that unifies production and energy data from nearly any industrial system to deliver real-time understanding of energy intensity. Its dashboard offers facility- and production-line-level insights to enable active load management, production optimization, and next-generation carbon intensity measurement and verification. The platform integrates more than 60 data sources and has helped global industrial sites avoid over $100M in energy spend in the past decade. Customers named in the article include W.L. Gore, Novonesis, and US Cold Storage. Led by founder and CEO Jason Massey, the company is focused on scaling its technology and expanding deployments to help industrial companies reduce costs and decarbonize faster. ndustrial delivers a technology platform and services that aggregate, analyze and optimize real-time, streaming data across discrete and process manufacturing supply chains. The company applies integrations, advanced analytics and machine learning to help customers identify and automate efficiency improvements in energy usage and production. ndustrial’s platform is used at scale by customers such as Lineage Logistics (deployed across more than 200 of its 350+ facilities) and a leading biotech customer that achieved up to 30% more revenue annually through improved yields. The company emphasizes turning digitization efforts into actionable insights and automations that impact the customer’s bottom line. CEO and founder Jason Massey says the Series A funding will support moving the technology into broader market areas and additional industrial use cases. ndustrial was founded in 2011 and is headquartered in Raleigh, North Carolina.