TEEPTRAK
TEEPTRAK provides an IoT-based real-time asset performance tracking solution that captures every stop on every machine, lets operators qualify causes in two taps, and gives plants one trusted OEE number. The platform connects any machine in under an hour using plug-and-play sensors with no PLC integration required, supporting OPC UA, MQTT, Modbus, PROFINET, and Ethernet/IP protocols. TEEPTRAK serves automotive,…
Funding snapshot
About
TEEPTRAK provides an IoT-based real-time asset performance tracking solution that captures every stop on every machine, lets operators qualify causes in two taps, and gives plants one trusted OEE number. The platform connects any machine in under an hour using plug-and-play sensors with no PLC integration required, supporting OPC UA, MQTT, Modbus, PROFINET, and Ethernet/IP protocols. TEEPTRAK serves automotive, aerospace, food and beverage, pharma, electronics, and building materials industries across 450+ factories in 30+ countries. Founded in 2014 and headquartered in Paris, France, the company has raised approximately $4.5M in Series A funding. TEEPTRAK differentiates itself through its 60-day guided pilot guarantee and rapid deployment, achieving average OEE gains of 10-15 points, 40% reduction in unplanned stops, and 3x faster ROI compared to traditional MES systems, with reports ready for ISO 9001 audits.
Business model
Big Data Analytics > Industry Solutions > Heavy Industries > Manufacturing,
Manufacturing Tech > Process Control > Analytics > Production Monitoring
Institutional investors
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