Datch, an intelligent voice AI for industrial environments, secured $3.2 million in a seed funding round for its “Voice-Visual” AI assistant for industry.
Blue Bear Capital led the funding round with participation from Stage Venture Partners, Tuhua Ventures, Lorimer Ventures, Predictive Venture Partners, and Plug and Play Ventures.
The company plans to use the latest funds to expand the capabilities of its voice-visual platform.
Datch uses conversations to solve business process constraints, such as time spent on work orders, logging information, and solving problems during equipment breakdowns. Datch’s voice-visual interface allows staff to capture high-quality, real-time knowledge data, recording live sequence-of-events in granular detail and resulting in improved root cause analysis, informed purchasing decisions, and data-driven business intelligence.
“What’s exciting is that Datch does away with traditional process forms and instead uses a Natural Language Engine to give workers the freedom to conversationally capture their knowledge as soon as it’s generated, said Mark Fosdike, CEO and co-founder of Datch.
“Our platform lets them do this hands-free during the job without losing valuable tool time, resulting in significant productivity gains. Further to this, there are upstream advantages to capturing and structuring this knowledge data along with the play-by-play data, leading to important breakthroughs in asset-based insights.”
Image by 200 Degrees from Pixabay