Praemo Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 9

Employees

  • Latest Deal Type
  • M&A

Praemo General Information

Description

Developer of anomaly detection technology designed to identify abnormal equipment and process behavior. The company offers a predictive analytics engine combining industry expertise with AI and the IoT to predict and prevent disruption to operations, enabling industrial sectors to convert data to actionable sight and automatically create actionable recommendations.

Contact Information

Website
www.praemo.com
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 175 Borden Avenue South
  • Unit 6
  • Kitchener, Ontario N2G 2Z3
  • Canada
Primary Industry
Business/Productivity Software
Other Industries
IT Consulting and Outsourcing
Media and Information Services (B2B)
Acquirer
Explica (Business/Productivity Software)
Vertical(s)
Big Data, SaaS, Artificial Intelligence & Machine Learning, Internet of Things
Corporate Office
  • 175 Borden Avenue South
  • Unit 6
  • Kitchener, Ontario N2G 2Z3
  • Canada

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Praemo Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Merger/Acquisition 14-Jun-2023 Completed Generating Revenue
2. Accelerator/Incubator 21-Mar-2022 Completed Generating Revenue
1. Early Stage VC (Series A) 09-Oct-2020 $6.03M $6.03M Completed Generating Revenue
To view Praemo’s complete valuation and funding history, request access »

Praemo Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of anomaly detection technology designed to identify abnormal equipment and process behavior. The company offe
Business/Productivity Software
Kitchener, Canada
9 As of 2023

Calgary, Canada
 

Singapore, Singapore
 
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Praemo Competitors (46)

One of Praemo’s 46 competitors is BlueMarvel, a Accelerator/Incubator Backed company based in Calgary, Canada.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
BlueMarvel Accelerator/Incubator Backed Calgary, Canada
Crayon Venture Capital-Backed Singapore, Singapore
SensorUp Venture Capital-Backed Calgary, Canada
Quid (Business/Productivity Software) Venture Capital-Backed San Diego, CA
Mu Sigma Venture Capital-Backed Northbrook, IL
You’re viewing 5 of 46 competitors. Get the full list »

Praemo Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Praemo Former Investors (4)

Investor Name Investor Type Holding Investor Since Participating Rounds
BDC Capital Growth/Expansion Minority
Caterpillar Venture Capital Corporate Venture Capital Minority
McRock Capital Venture Capital Minority
Sixth Sense Accelerator/Incubator
To view Praemo’s complete investors history, request access »

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Praemo FAQs

  • When was Praemo founded?

    Praemo was founded in 2017.

  • Where is Praemo headquartered?

    Praemo is headquartered in Kitchener, Canada.

  • What is the size of Praemo?

    Praemo has 9 total employees.

  • What industry is Praemo in?

    Praemo’s primary industry is Business/Productivity Software.

  • Is Praemo a private or public company?

    Praemo is a Private company.

  • What is Praemo’s current revenue?

    The current revenue for Praemo is .

  • How much funding has Praemo raised over time?

    Praemo has raised $6.03M.

  • Who are Praemo’s investors?

    BDC Capital, Caterpillar Venture Capital, McRock Capital, and Sixth Sense have invested in Praemo.

  • Who are Praemo’s competitors?

    BlueMarvel, Crayon, SensorUp, Quid (Business/Productivity Software), and Mu Sigma are some of the 46 competitors of Praemo.

  • When was Praemo acquired?

    Praemo was acquired on 14-Jun-2023.

  • Who acquired Praemo?

    Praemo was acquired by Explica (Business/Productivity Software).

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