Serco
11790 Sunrise Valley Dr, Ste 5, Reston, VA, 20191, US
Overview
Serco is a service company that serves Federal, state, and local governments, along with the Canadian government, and commercial customers. It specializes in service delivery excellence. They provide clearances and secure systems to perform federal government work, combined with the commercial savvy to drive business results for global corporations.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- Automotive
- Consulting
- Enterprise Software
- Government
- Information Technology
- Outsourcing
- Transportation
Investment portfolio
- Contextere
Led · Equity · Dec 2020
Contextere is an emerging industrial AI software company headquartered in Ottawa, Ontario. Its core product is a machine learning-based insight engine that extracts and curates previously inaccessible data, creating accurate, semantically associated datasets from PDFs, hand-written notes and other non-standard sources. By unlocking "small data" excluded from typical predictive analytics and enterprise tools, contextere delivers last-mile analytics and AI-enabled work instructions to improve human and equipment performance. Under a partnership with Serco, contextere will develop a small-data capability to support prediction, prevention and prioritization of in-service support (ISS) activities in four phases over a 13-month period. The collaboration is intended to reduce fleet maintenance costs and maximize shore time for the Joint Support Ships and naval customers around the world. According to the company, Global 2000 customers capture value through significant increases in worker productivity, equipment uptime and workplace safety using its platform. Contextere is an industrial IoT software company headquartered in Ottawa, Ontario (Innovation Centre at Bayview Yards) that focuses on enabling the connected workforce. Its core product is an intelligent personal agent that delivers actionable intelligence via simple notifications to the last tactical mile, combining enterprise AI with IoT data. The company targets aerospace and defence maintenance personnel and says the system is applicable to field service, industrial inspection and complex MRO tasks. Contextere positions its offering to reduce human error, equipment downtime and safety incidents for Fortune 1000 customers. The article describes active collaboration with Lockheed Martin engineers to refine and test algorithms in aerospace and defence environments. The company received a strategic investment to advance design, development and delivery of its agent for maintenance use cases.