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High Tech Series A Founded 2012

Davra

Davra develops an industrial AI platform for connected equipment that deploys autonomous AI agents to detect issues, predict failures, and act within user-defined limits, enabling equipment manufacturers and industrial operators to keep their machinery running while engineers focus on higher-value work. The platform supports any device, any vendor, and any protocol with built-in AI and GenAI models, military-grade…

📍 Sunnyvale, United States · Internet of Things Infrastructure,

Funding snapshot

Last roundSeries A
Amount$4M
Date15 March 2021
Total raised$4M
Team size32

About

Davra develops an industrial AI platform for connected equipment that deploys autonomous AI agents to detect issues, predict failures, and act within user-defined limits, enabling equipment manufacturers and industrial operators to keep their machinery running while engineers focus on higher-value work. The platform supports any device, any vendor, and any protocol with built-in AI and GenAI models, military-grade security and compliance, and consistent performance at any scale. Davra's Industrial AI suite includes autonomous AI agents that predict critical events and trigger maintenance workflows, industrial copilots for operational assistance, anomaly detection for identifying equipment irregularities, and AI/ML inference capabilities for real-time decision-making. The platform enables equipment manufacturers to launch AI-powered connected products, implement condition-based monitoring, asset tracking, and predictive maintenance solutions quickly and securely, reducing downtime and accelerating innovation. Davra complies with world-leading quality standards including ISO 27001, providing continuously auditable security controls that applications built on the platform inherit. The company serves industrial machinery manufacturing, mining and natural resources, transport and logistics, and energy and utilities industries. Founded in 2012 and headquartered in Sunnyvale, United States, Davra has raised approximately $3.6 million at the Series A stage from investors including VentureClash, Investec Venture Capital, AIB Seed Capital Fund, Delta Partners, ESA, Enterprise Ireland, Momenta Partners, Furthr, Dublin Business Innovation Centre, and Connecticut Innovations.

Business model

PaaS > Technology Platform > IoT,

Internet of Things Infrastructure > IoT Platforms > End to End Platforms

Institutional investors

VentureClash Investec Venture Capital AIB Seed Capital Fund Delta Partners ESA Enterprise Ireland Momenta Partners Furthr Dublin Business Innovation Centre Connecticut Innovations

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