Beet provides diagnostic and analytical tools to accelerate problem-solving for complex assembly and automation challenges.
Business Model:
Revenue: $2.6M
Employees: 11-50
Address: 4000 Town Center
City: Southfield
State: MI
Zip: 48075
Country: US
Beet provides diagnostic and analytical tools to accelerate problem-solving for complex assembly and automation challenges. It is a smart manufacturing solution provider founded in June 2011 and provides Process Visibility System (PVS) built upon ENVISION, the software created by BEET. PVS is a new way to manage the manufacturing shop floor. It helps to transform the shop floor culture from reactive to proactive and enables predictive maintenance. The solution implemented through PVS will maximize the capacity of existing assets by reducing the unplanned downtime and increasing the production throughput, helping sustain higher throughput by providing pinpoint and accurate information to the right people at the right time. ENVISION takes advantage of its proprietary technology to collect, process, and present data down to the motion of each device of a production line. ENVISION plays a vital role for manufacturers pursuing Industrial IoT, which, in turn, leads to Industry 4.0.
Contact Phone:
+12484320052
Contact Email:
Announced Date | Company | Transaction | Money Raised |
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Announced Date | Transaction | Number of Investors | Money Raised | Lead Investors | 11/2015 | Grant | 1 | $150k |
National Science Foundation National Science Foundation |
1/2013 | Convertible Note | 2 | $250k |
Accelerate Michigan Innovation Competition Ann Arbor SPARK Accelerate Michigan Innovation Competition Ann Arbor SPARK |
1/2020 | Venture Round | $5.6M | 1/2017 | Equity | $1.8M |
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