UptimeAI Secures $14 Million in Series A Funding to Enhance AI-Based Plant Solutions

Bengaluru, India — UptimeAI, a burgeoning artificial intelligence startup, has raised $14 million in a Series A funding round led by WestBridge Capital. The round also included participation from existing investor Emergent Ventures and new investor Aditya Birla Ventures. This investment will enable UptimeAI to enhance its technological platform, expand its product offerings, and increase its presence in key markets such as North America, the Middle East, and Asia.

With headquarters in Bengaluru and San Francisco, UptimeAI has been at the forefront of developing AI-based solutions that optimize efficiency and reliability for plant operators across various industries. The company boasts expertise in sectors including power, oil and gas, chemicals, metals, and aerospace.

Founded five years ago by Jagadish Gattu and Vamsi Yalamanchili, UptimeAI offers a suite of four modules designed to address complex operational challenges:

• Connect the Dots: Integrates data from various sources to provide a comprehensive view.
• No Code Predictive Alerts: Enables users to receive alerts without the need for coding.
• Inferencing Engine for Prescriptive Actions: Suggests actionable insights to enhance operations.
• Continuous Self-Learning: Adapts to new data to improve accuracy over time.

UptimeAI’s patented system allows for the monitoring of complex structures, helping to pinpoint the root causes of inefficiencies. This innovative approach led Bharat Petroleum Corporation Limited (BPCL) to partner with UptimeAI in September last year to optimize operational efficiency.

Previously, UptimeAI was part of the YourNest SOAR Program, and in February 2021, it raised $1.5 million in seed funding from YourNest Venture Capital and angel investors.

UptimeAI faces competition from global players such as Infinite Uptime, which raised $18.85 million last year in a Tiger Global-backed round, as well as Sight Machine, Prospection, SparkCognition, and Augury. Despite this competitive landscape, UptimeAI continues to solidify its position as a leader in AI-driven plant optimization solutions.

With this new funding, UptimeAI is poised to accelerate its growth trajectory, delivering cutting-edge AI solutions that empower industries to achieve unprecedented levels of efficiency and reliability.