ProAxion Overview

  • Founded
  • 2015
Founded
  • Status
  • Private
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $95.4K
Latest Deal Amount
  • Investors
  • 7

ProAxion General Information

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.

Contact Information

Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Equipment and Instruments
Other Industries
Business/Productivity Software
Media and Information Services (B2B)
Other Hardware
Primary Office
  • 1150 South East Maynard Road
  • Suite 220
  • Cary, NC 27511
  • United States
+1 (877) 000-0000

ProAxion Timeline

2017201820192020
Financing Round
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ProAxion Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Later Stage VC 09-Jul-2020 $95.4K 00000 Completed Generating Revenue
4. Seed Round 18-Sep-2017 00000 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
To view ProAxion’s complete valuation and funding history, request access »

ProAxion Executive Team (3)

Name Title Board Seat Contact Info
Eric Murray Chief Executive Officer, President & Board Member
Elliot Poger Co-Founder & Chief Technology Officer
Justin Rothwell Co-Founder, Chief Innovation Officer, Board Member & EVP of Product & Customer Success
To view ProAxion’s complete executive team members history, request access »

ProAxion Board Members (4)

Name Representing Role Since
Allen West ProAxion Board Member 000 0000
Bruce Boehm Self Board Member 000 0000
Eric Murray ProAxion Chief Executive Officer, President & Board Member 000 0000
Justin Rothwell ProAxion Co-Founder, Chief Innovation Officer, Board Member & EVP of Product & Customer Success 000 0000
To view ProAxion’s complete board members history, request access »

ProAxion Investors (7)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Fox Ventures Corporate Venture Capital Minority 000 0000 000000 0
Harbright Ventures 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
You’re viewing 5 of 7 investors. Get the full list »