Pico MES Overview
- Year Founded
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2019
- Status
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Private
- Employees
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39
- Latest Deal Type
-
Series A
- Latest Deal Amount
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$11.4M
- Investors
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9
Pico MES General Information
Description
Developer of manufacturing and analytics software designed for factory and machinery control. The company's software provides a suite of tools to collect and harness valuable insights via digital work instructions integrated with station tools and process error-proofing, enabling small and mid-sized manufacturers to take control of their continuous improvement journey.
Contact Information
Website
www.picomes.comCorporate Office
- 303 Twin Dolphin Drive
- Suite 600
- Redwood City, CA 94065
- United States
Corporate Office
- 303 Twin Dolphin Drive
- Suite 600
- Redwood City, CA 94065
- United States
Pico MES Timeline
Pico MES Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series A) | 22-Aug-2023 | $11.4M | Completed | Generating Revenue | ||
| 3. Accelerator/Incubator | 26-Jul-2023 | Completed | Generating Revenue | |||
| 2. Seed Round | 28-Aug-2020 | $2.75M | $3.72M | Completed | Generating Revenue | |
| 1. Seed Round | 06-Sep-2019 | $970K | $970K | Completed | Generating Revenue |
Pico MES Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series A-3 | ||||||||
| Series A-2 | ||||||||
| Series A-1 | ||||||||
| Series A | ||||||||
| Seed 3 | ||||||||
| Seed 2 | 323,858 | $0.000100 | 8% | $0.68 | $0.68 | 1x | $0.68 | 1.5% |
| Seed 1 | 883,288 | $0.000100 | 8% | $0.85 | $0.85 | 1x | $0.85 | 4.1% |
VC Exit Predictor
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Pico MES Comparisons
Industry
Financing
Details
Pico MES Competitors (6)
One of Pico MES’s 6 competitors is Tulip Interfaces, a Venture Capital-Backed company based in Somerville, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Tulip Interfaces | Venture Capital-Backed | Somerville, MA | ||||
| Katana | Venture Capital-Backed | Tallinn, Estonia | ||||
| Plex Systems | Formerly PE-Backed | Troy, MI | ||||
| First Resonance | Venture Capital-Backed | El Segundo, CA | ||||
| Parsec Automation | Private Equity-Backed | Anaheim, CA |
Pico MES Patents
Pico MES Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20220055169-A1 | Intelligent tool detection systems and methods | Inactive | 24-Aug-2020 | ||
| US-20220055170-A1 | Intelligent tool detection systems and methods | Inactive | 24-Aug-2020 | ||
| US-20220057541-A1 | Intelligent tool detection systems and methods | Inactive | 24-Aug-2020 | B25H3/00 |
Pico MES Signals
Pico MES Investors (9)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Bosch Ventures | Corporate Venture Capital | Minority | ||
| Counterpart Ventures | Venture Capital | Minority | ||
| Momenta Ventures | Venture Capital | Minority | ||
| SE Ventures | Corporate Venture Capital | Minority | ||
| Industry 4.0 Accelerator | Accelerator/Incubator |
Pico MES FAQs
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When was Pico MES founded?
Pico MES was founded in 2019.
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Where is Pico MES headquartered?
Pico MES is headquartered in Redwood City, CA.
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What is the size of Pico MES?
Pico MES has 39 total employees.
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What industry is Pico MES in?
Pico MES’s primary industry is Business/Productivity Software.
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Is Pico MES a private or public company?
Pico MES is a Private company.
-
What is the current valuation of Pico MES?
The current valuation of Pico MES is .
-
What is Pico MES’s current revenue?
The current revenue for Pico MES is .
-
How much funding has Pico MES raised over time?
Pico MES has raised $15.1M.
-
Who are Pico MES’s investors?
Bosch Ventures, Counterpart Ventures, Momenta Ventures, SE Ventures, and Industry 4.0 Accelerator are 5 of 9 investors who have invested in Pico MES.
-
Who are Pico MES’s competitors?
Tulip Interfaces, Katana, Plex Systems, First Resonance, and Parsec Automation are some of the 6 competitors of Pico MES.
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