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ClearOps Raises $8.6M

Recently funded · $8.6M Series aTechnology, Information and MediaDEView source

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Keeping heavy machinery running smoothly just got a boost, as ClearOps, an AI-powered aftersales intelligence platform, announced an $8.6M Series A funding round. The capital infusion will further its mission to connect OEMs, dealers, and machines on a single cloud platform, transforming the service supply chain into a predictive and proactive ecosystem.

Hitachi Ventures, Schoeller Group, and Barkawi Group participated in the round. ClearOps helps top industry OEM brands like AGCO, Terex, Jungheinrich, and Lippert maximize machine uptime for their end customers by forecasting parts demand and coordinating technician deployment worldwide.

𝐖𝐞 𝐫𝐚𝐢𝐬𝐞𝐝 8.6 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 € 🥳 After bootstrapping ClearOps for six years, I’m incredibly excited to share a huge milestone for our journey: We’ve raised an €8.6M Series A led byHitachi Ventures, alongside Schoeller Group andBarkawi Group.

This is our first institutional funding round - but much more importantly, it is a huge vote of confidence in the vision we have believed in from day one. From the beginning, we believed that industrial after sales - one of the largest profitability drivers in industrial businesses - would fundamentally change. Machines are becoming increasingly connected. Expectations around uptime continue to ri

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