Novity

Remaining Useful Life for Industrial Equipment

San Francisco, United States · Founded 2022

Founded
2022
Business Model
B2B
Website
novity.us
Last Round
Series AFeb 2024
Rounds
1

About

Novity provides truly predictive maintenance AI using TruPrognostics technology that combines machine learning with physics-based models. The platform delivers remaining useful life predictions for industrial equipment to minimize unplanned downtime. Founded in 2022 as a spinout from Xerox PARC, Novity helps manufacturers optimize asset health with hybrid AI approaches.

Summary

Novity is an Energy company based in San Francisco, United States, founded in 2022. Its most recent funding was a Series A round in Feb 2024.

Tech & App Stack

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Funding History

Series ASeries AFeb 2024

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