Pulse Industrial Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 13

Employees

  • Latest Deal Type
  • M&A

Pulse Industrial General Information

Description

Developer of an artificial intelligence-powered steam trap monitoring device designed to be deployed at scale to locate and detect steam leaks across a plant. The company's device analyzes vibration and acoustic behavior to detect steam leaks and alerts the designated maintenance personnel in case of failure using low power wide area (LPWAN) communication, enabling industries to improve safety and reduce fuel consumption in industrial plants.

Contact Information

Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • 550 Parkside Drive
  • Unit B3
  • Waterloo, Ontario N2L 5V4
  • Canada
+1 (866)
Primary Industry
Electronic Equipment and Instruments
Other Industries
Environmental Services (B2B)
Media and Information Services (B2B)
Parent Company
Corporate Office
  • 550 Parkside Drive
  • Unit B3
  • Waterloo, Ontario N2L 5V4
  • Canada
+1 (866)

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Pulse Industrial Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 08-Sep-2025 Completed Generating Revenue
7. Later Stage VC 31-Mar-2023 Completed Generating Revenue
6. Grant 25-Feb-2022 Completed Generating Revenue
5. Early Stage VC (Series 1) 15-Apr-2021 Completed Generating Revenue
4. Grant 16-Dec-2020 Completed Generating Revenue
3. Accelerator/Incubator 10-Jun-2019 Completed Generating Revenue
2. Accelerator/Incubator 11-Feb-2019 $22.7K $41.6K Completed Generating Revenue
1. Accelerator/Incubator 27-Nov-2018 $19K $19K Completed Generating Revenue
To view Pulse Industrial’s complete valuation and funding history, request access »

Pulse Industrial Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an artificial intelligence-powered steam trap monitoring device designed to be deployed at scale to locate
Electronic Equipment and Instruments
Waterloo, Canada
13 As of 2025

Milpitas, CA
 

Salt Lake City, UT
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Pulse Industrial Competitors (11)

One of Pulse Industrial’s 11 competitors is Petasense, a Formerly VC-backed company based in Milpitas, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Petasense Formerly VC-backed Milpitas, CA
Monnit Accelerator/Incubator Backed Salt Lake City, UT
SteamIQ Accelerator/Incubator Backed Hingham, MA
SICK Formerly PE-Backed Waldkirch, Germany
CultYvate Venture Capital-Backed Bangalore, India
You’re viewing 5 of 11 competitors. Get the full list »

Pulse Industrial Patents

Pulse Industrial Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3201121-A1 Device, system and method of monitoring a steam trap and detecting a steam trap failure Pending 04-Dec-2020
WO-2022118060-A1 Device, system and method of monitoring a steam trap and detecting a steam trap failure Inactive 04-Dec-2020

Pulse Industrial Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Pulse Industrial Former Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds
Celtic House Asia Partners Venture Capital Minority
Convergent Ventures (San Francisco) Venture Capital Minority
First Inflection Business Advisors Venture Capital Minority
GCI Capital (Toronto) Venture Capital Minority
GreenSky Ventures Venture Capital Minority
You’re viewing 5 of 11 investors. Get the full list »

Pulse Industrial FAQs

  • When was Pulse Industrial founded?

    Pulse Industrial was founded in 2018.

  • Where is Pulse Industrial headquartered?

    Pulse Industrial is headquartered in Waterloo, Canada.

  • What is the size of Pulse Industrial?

    Pulse Industrial has 13 total employees.

  • What industry is Pulse Industrial in?

    Pulse Industrial’s primary industry is Electronic Equipment and Instruments.

  • Is Pulse Industrial a private or public company?

    Pulse Industrial is a Private company.

  • What is Pulse Industrial’s current revenue?

    The current revenue for Pulse Industrial is .

  • How much funding has Pulse Industrial raised over time?

    Pulse Industrial has raised $4.49M.

  • Who are Pulse Industrial’s investors?

    Celtic House Asia Partners, Convergent Ventures (San Francisco), First Inflection Business Advisors, GCI Capital (Toronto), and GreenSky Ventures are 5 of 11 investors who have invested in Pulse Industrial.

  • Who are Pulse Industrial’s competitors?

    Petasense, Monnit, SteamIQ, SICK, and CultYvate are some of the 11 competitors of Pulse Industrial.

  • When was Pulse Industrial acquired?

    Pulse Industrial was acquired on 08-Sep-2025.

  • Who acquired Pulse Industrial?

    Pulse Industrial was acquired by Spirax Group.

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