Seebo
Predictive Quality and Yield Solution
Company Overview
Snapshot
Founded in October 2012 by Lior Akavia and Liran Arkavia, Seebo operated with 11–50 employees. The company raised $40.5M across 4 funding rounds from 9 investors before being acquired by Augury in May 2022.
Business overview
Seebo develops a predictive quality and yield solution for manufacturers, leveraging process-based artificial intelligence to identify and prevent quality, yield, and waste losses. Its technology provides automated root cause analysis, predictive recommendations, and proactive alerts to address process inefficiencies. Seebo serves manufacturers across various industries, including food and beverage, metals and mining, building materials and construction, and chemicals, operating within the Industrial Technologies sector.
Strategic signal
In May 2022, Seebo was acquired by Augury, marking a significant exit for the company and its investors. This acquisition signals a consolidation within the industrial AI and predictive maintenance market, indicating a strategic move by Augury to enhance its offerings with Seebo's process-based AI capabilities. For investors, this demonstrates a successful realization of value and highlights the increasing demand for advanced AI solutions in optimizing manufacturing operations.
Log in to access full profile ›Company Intelligence Q&A
- What was the most recent significant corporate event for Seebo?
- Seebo was acquired by Augury in May 2022. This acquisition led to Seebo's inactive status.
- When did Seebo complete its last known funding round?
- Seebo completed a B Round in March 2021. This round saw participation from investors including Vertex Ventures Israel and Leumi Partners.
- Which investors participated in Seebo's July 2020 funding round?
- In July 2020, Seebo raised a B Round with 10D as a lead investor, and participation from Vertex Ventures Israel.
- What recognition did Seebo receive in June 2020?
- In June 2020, Seebo was awarded as a Technology Pioneer by the World Economic Forum, recognizing its innovative contributions.
- Did Seebo partner with any major companies in early 2020?
- In February 2020, Seebo partnered with Tnuva for AI-powered decision making, as reported by a Tnuva executive.