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UptimeAI Secures $14 Million in Series A Funding Round

UptimeAI

UptimeAI, an artificial intelligence startup, has successfully raised $14 million in its Series A funding round. The investment was led by WestBridge Capital, with participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures. The funding will enable UptimeAI to scale its technological platform, expand its product range, and bolster its presence across North America, the Middle East, and Asia.

With offices in Bengaluru and San Francisco, UptimeAI, founded five years ago, specializes in AI-driven solutions designed to optimize efficiency and reliability for plant operators across various sectors including power, oil and gas, chemicals, metals, and aerospace. The company’s offerings include four core modules: “connect the dots,” no-code predictive alerts, an inferencing engine for prescriptive actions, and continuous self-learning. UptimeAI boasts a patented system for monitoring complex structures to pinpoint inefficiencies at their root.

Last September, Bharat Petroleum Corporation Limited (BPCL) partnered with UptimeAI to enhance operational efficiency. Co-founded by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI emerged from the YourNest SOAR Program and previously raised $1.5 million in seed funding from YourNest Venture Capital and angel investors in February 2021.

In the competitive landscape, UptimeAI faces rivals like Tiger Global-backed Infinite Uptime, which secured $18.85 million in funding last May. Other global competitors include Sight Machine, Prospection SparkCognition, and Augury.

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