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Founded Year

2014

Stage

Series A | Alive

Total Raised

$16.06M

Last Raised

$10M | 1 yr ago

About DataProphet

DataProphet specializes in optimizing the manufacturing processes of key industrial verticals with machine learning. Its solutions enable manufacturers to augment their data infrastructure and bring data from where they’ve been using it for compliance in the manufacturing space to a point where they can use it for optimization. The firm was founded in 2014 and is based in Cape Town, South Africa.

Headquarters Location

The Hudson 28 Hudson Street, De Waterkant

Cape Town, 8005,

South Africa

+27 21 300 3555

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DataProphet's Product Videos

ESPs containing DataProphet

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Manufacturing Tech

The discrete manufacturing analytics (i.e., factory analytics) market is focused on helping manufacturing companies improve their operations through the use of advanced analytics and artificial intelligence. Many manufacturing companies still rely on outdated methods such as spreadsheets, paper, and whiteboards to manage their operations. The lack of real-time visibility into their operations can …

DataProphet named as Challenger among 15 other companies, including DataRobot, Cognite, and SparkCognition.

DataProphet's Products & Differentiators

    CONNECT

    DataProphet CONNECT is the critical pipeline that securely moves your industrial data from the edge to the cloud. Built from the ground up to be scalable, secure, and fault-tolerant, DataProphet CONNECT ingests data from thousands of devices across multiple plants and centrally displays and configures all your production information—making it ready for AI.

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Research containing DataProphet

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned DataProphet in 3 CB Insights research briefs, most recently on Aug 16, 2023.

Expert Collections containing DataProphet

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

DataProphet is included in 4 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

10,728 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

A

AI 100

100 items

The winners of the 4th annual CB Insights AI 100.

A

Advanced Manufacturing

4,336 items

Companies in the advanced manufacturing tech space, including companies focusing on technologies across R&D, mass production, or sustainability

A

Advanced Manufacturing 50

50 items

Latest DataProphet News

DataProphet Makes CB Insights Advanced Manufacturing 50

Aug 18, 2022

Share DataProphet, a world-leading AI-as-a-Service (AIaaS) for manufacturing innovator has been listed in the CB Insights Advanced Manufacturing Top 50. The globally expanding AIaaS provider joins 49 other trailblazers in 4IR (Fourth Industrial Revolution) applications, covering factory analytics & artificial intelligence (AI) to the industrial internet of things (IIoT) cybersecurity. CB Insights recognized the awarded tech companies as “the top private advanced manufacturing companies working to promote faster, safer, more efficient, and more sustainable R&D and production.” Through an evidence-based approach, CB Insights selected 50 private market vendors from a pool of over 6k companies based on a number of interdependent factors. These included patent activity, investor quality, news sentiment analysis, proprietary Mosaic scores measuring overall health and growth potential, market potential, partnerships, competitive landscape, team strength, and tech novelty. According to CB Insights, “South Africa-based DataProphet utilizes AI to collect data from across factory floor sources, like production equipment and internet of things (IoT) sensors, in order to find process efficiencies”. Related Posts The Factory Analytics & AI winners circle comprises DataProphet, Canvass, Augmentir, MachineMetrics, MakinaRocks, Cognite, Seeq, and Tulip. CEO Frans Cronje co-founded DataProphet in 2014, inspired by the significant, measurable value that deep learning applied as prescriptive AI could bring to local manufacturers. He saw that rather than merely predicting defects, technology, if modeled correctly, could leverage data factories already own to prevent the defect from occurring in the first place. “The DataProphet team is doubly honored to be recognized for a second time by CB Insights. It strengthens our conviction in the value we are helping manufacturers to achieve along the digital maturity adoption curve—via a solid foundation for data-driven solutions towards autonomous manufacturing,” stated Frans Cronje. “We take inclusion in the CBInsights Advanced Manufacturing Top 50 as further validation that DataProphet is moving in the right direction and has even more to contribute in the smart manufacturing space.”

DataProphet Frequently Asked Questions (FAQ)

  • When was DataProphet founded?

    DataProphet was founded in 2014.

  • Where is DataProphet's headquarters?

    DataProphet's headquarters is located at The Hudson, Cape Town.

  • What is DataProphet's latest funding round?

    DataProphet's latest funding round is Series A.

  • How much did DataProphet raise?

    DataProphet raised a total of $16.06M.

  • Who are the investors of DataProphet?

    Investors of DataProphet include Knife Capital, Industrial Development Corporation, The Norican Group, Webber Wentzel Ignite Incubator, LaunchLab and 3 more.

  • Who are DataProphet's competitors?

    Competitors of DataProphet include Falkonry, Fero Labs, TVARIT, Flutura, Raven and 14 more.

  • What products does DataProphet offer?

    DataProphet's products include CONNECT and 1 more.

  • Who are DataProphet's customers?

    Customers of DataProphet include Condals.

CB Insights
Looking for a leg up on competitive, customer and technology insights?
CB Insights puts confidence and clarity into your most strategic decisions.
See how. Join a demo.
Join a demo
Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare DataProphet to Competitors

Noodle.ai Logo
Noodle.ai

Noodle.ai provides professional services, apps, and technical solutions to companies to improve efficiency, reduce waste of all types, improve decision making, and optimize business processes via customer data analytics, product data analytics, and enterprise data analytics. It offers an innovative AI-driven platform and inventory flow that deploys pioneering data science technology, including deep probabilistic predictions, graphical neural networks and reinforcement learning to companies’ existing systems of record and systems of planning to find and resolve massive numbers of undetected problems in the supply chain. The company was founded in 2016 and is based in San Francisco, California.

Braincube Logo
Braincube

Braincube, fka Ip Leanware, is a software company that uses big data, artificial intelligence and data analysis to manage and improve the performance of industry players. The company's solution is designed to improve the manufacturing quality performance of manufacturers and the productivity of their factories while allowing an autonomous control process.

F
Fero Labs

Fero Labs is an industrial machine-learning platform. It automatically generates explainable machine learning models. Its software provides plant operators access to insights, enabling them to understand the root cause of any issue and deploy updates to ensure their plants operate sustainably while maintaining performance. It serves consumer goods, automotive, steel, and chemical sectors. Fero Labs was founded in 2016 and is based in New York, New York.

Tignis Logo
Tignis

Tignis specializes in AI-powered process control with a physics and engineering foundation. The company sells software solutions that use AI and Machine Learning to enable manufacturing processes, increase manufacturing yield, and decrease process downtime. Tignis's products equip process and operations engineers with the tools necessary to design, test, and implement AI projects, as well as ensure the successful implementation of AI process control and monitoring initiatives. Its technology is deployed in hundreds of facilities worldwide. The company was founded in 2017 and is based in Seattle, Washington.

Oden Technologies Logo
Oden Technologies

Oden Technologies uses a proprietary hardware and software solution that lets manufacturers analyze and optimize industrial production from any device. Its devices sends data wirelessly to the cloud in real time. Every important metric from the factory is combined into one clear interface, with no complicated integrations.

Cognite Logo
Cognite

Cognite offers software-as-a-service (SaaS) solutions for the industrial sector. It provides a platform liberating industrial data from separate, siloed systems and reveals the data in a structured and contextualized manner, presenting a full, virtual view of industrial reality. The company creates software for oil and gas, power and utilities, renewable energy, manufacturing, and other asset-heavy industries. It was founded in 2016 and is based in Lysaker, Norway.

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