Phaidra
Company

Last deal

$12M

Amount

Venture - Series Unknown

Stage

02.07.2024

Date

3

all rounds

$42.5M

Total amount

date founded

Financing round

General

About Company
Phaidra provides AI and ML solutions to accelerate performance in large-scale industries.

Industry

Sector :

Subsector :

founded date

01.01.2019

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Phaidra is an industrial AI company that develops self-learning control systems for industrial facilities. Their technology analyzes sensor data and creates intelligent AI agents to optimize complex industrial processes. This helps clients improve energy efficiency, increase safety and stability, and maximize yield. By replacing hard-coded control systems, Phaidra enables industrial facilities to adapt and improve over time, similar to how autonomous vehicles become smarter with experience. With a track record of delivering 40% energy savings at Google's data centers, Phaidra is expanding its AI technology to other industrial sectors.
Contacts
Legal Names

Legal name

Phaidra, Inc.
Similar Companies
137
onepredict

onepredict

OnePredict is a leader in industrial AI technology, providing advanced AI solutions for various industries.

Sector

Industrial Engineering

Subsector

Tools

Location

Seoul, South Korea

total rounds

6

total raised

$53.26M
Detect Technologies

Detect Technologies

Detect Technologies is a leading Industrial AI & SaaS enterprise.

Sector

Industrial Engineering

Subsector

Tools

Keywords

Oil and Gas, Artificial Intelligence, SaaS

Location

Chennai, Tamil Nadu, India

total rounds

5

total raised

$43.3M
Geminus.AI

Geminus.AI

Geminus.AI uses artificial intelligence to optimize industrial processes.

Sector

Industrial Engineering

Subsector

Tools

Location

Palo Alto, CA, USA

total rounds

4

total raised

$18.9M
Industai

Industai

Industai is a high-tech company that develops artificial intelligence as a service (AIaaS) solutions for industrial applications.

Sector

Industrial Engineering

Subsector

Tools

Keywords

Artificial Intelligence, Industrial Automation, Machine Learning

total rounds

1

Financials

Funding Rounds
4
3

Number of Funding Rounds

$42.5M

Money Raised

Their latest funding was raised on 02.07.2024. Their latest investor Index Ventures. Their latest round Venture - Series Unknown

Date 
Funding Round 
Investors 
Money Raised 
Lead 
Index Ventures

Index Ventures

Index Ventures is a venture capital firm based in London, San Francisco and Geneva.

Sector

General Industrials

Subsector

Diversified Industrials

Location

San Francisco, CA, USA

count Of Investments

907

count Of Exists

198

Starshot Capital

Starshot Capital invests in starshots, focusing on innovative space exploration technologies.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services, Venture Capital, Finance

count Of Investments

5
Flying Fish Partners

Flying Fish Partners

Flying Fish is a venture capital firm that helps early-stage startups in Cascadia succeed through seed and A rounds.

Sector

General Industrials

Subsector

Diversified Industrials

Location

Seattle, WA, USA

count Of Investments

55

count Of Exists

3
Co-Investors
Investors
16
2

Number of lead investors

16

Number of investors

Investor 
Lead 
Round 
Partners 
Yes
Venture - Series Unknown
No
Series A
No
Seed, Series A
Index Ventures

Index Ventures

Index Ventures is a venture capital firm based in London, San Francisco and Geneva.

Sector

General Industrials

Subsector

Diversified Industrials

Location

San Francisco, CA, USA

count Of Investments

907

count Of Exists

198
Martin Mignot

Martin Mignot

Martin Mignot is the Partner at Index Ventures.

current job

Revolut
Revolut

count Of Investments

2
Caygan Capital

Caygan Capital

Caygan is an investment firm offering multi-strategy funds and customized portfolios.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Keywords

Financial Services

Location

London, UK

count Of Investments

39

count Of Exists

7
Root and Shoot Ventures

Root and Shoot Ventures

Root and Shoot Ventures invests in digital technologies to create new markets.

Sector

Investment Banking and Brokerage Services

Subsector

Asset Managers and Custodians

Location

Los Angeles, CA, USA

count Of Investments

33

People

Founders
3
Veda Panneershelvam
Veda Panneershelvam

Veda Panneershelvam

current job

Phaidra
Phaidra

organization founded

1

Veda Panneershelvam

Katie Hoffman
Katie Hoffman

Katie Hoffman

Katie Hoffman is a COO & Co-founder at Phaidra. She attended Rensselaer Polytechnic Institute.

current job

Phaidra
Phaidra

organization founded

1

Katie Hoffman

Jim Gao
Jim Gao

Jim Gao

Jim Gao is the CEO & Co-founder at Phaidra. He attended University of California, Berkeley.

current job

Phaidra
Phaidra

organization founded

1

Jim Gao

Employee Profiles
4
Shivam Soni

Shivam Soni

Software Engineer

Veda Panneershelvam

Veda Panneershelvam

CTO & Co-founder

Katie Hoffman

Katie Hoffman

President, COO & Co-founder

Jim Gao

Jim Gao

CEO & Co-founder

Activity

Recent News
1
News Timeline

The graph reveals the ratio (%) of positive news articles in a chosen time range