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ProAxion

ProAxion
2015 FOUNDED
PRIVATE STATUS
Seed LATEST DEAL TYPE
$753K LATEST DEAL AMOUNT
6 INVESTORS
Description

Developer of a predictive software tool designed to define the industrial IoT by preventing unexpected failure of mission-critical machines. The company's predictive software tool helps companies to predict average life and the time intervals by which it will need to repair of industrial machines and systems, enabling companies to maximize the up-time and overall competitiveness of industrial manufacturing facilities.

Website
Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Other Commercial Services
Other Industries
Other Software
Primary Office
  • 2416 Castleburg Drive
  • Apex, NC 27523
  • United States

+1 (877) 000-0000
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ProAxion Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Seed Round 18-Sep-2017 $753K 00000 Completed Startup
3. Angel (individual) 20-Dec-2015 Completed Startup
2. Accelerator/Incubator 03-Dec-2015 Completed Startup
1. Grant 16-Nov-2015 $50K Completed Startup
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ProAxion Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Fox Ventures Corporate Venture Capital Minority 000 0000 000000 0
Triangle Angel Partners Angel Group Minority 000 0000 000000 0
VentureSouth Angel Group Minority 000 0000 000000 0
Mark Easley Angel (individual) Minority 000 0000 000000 0
The Launch Place Venture Capital Minority 000 0000 000000 0
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ProAxion Executive Team (2)

Name Title Board
Seat
Contact
Info
Justin Rothwell Co-Founder, Chief Executive Officer & Board Member
Elliot Poger Co-Founder & Chief Technology Officer

ProAxion Board Members (3)

Name Representing Role Since Contact
Info
Allen West ProAxion Board Member 000 0000
Bruce Boehm Self Board Member 000 0000
Justin Rothwell ProAxion Co-Founder, Chief Executive Officer & Board Member 000 0000