Compredict Raises €5.5M in Series A Funding

GERMANY – Compredict, a Darmstadt, Germany-based a startup specializing in AI-enabled software solutions for predictive maintenance, vehicle health and usage monitoring, raised €5.5M in Series A funding.

The round was led by Vektor Partners and BlackBerry Limited (through its BlackBerry IVY Innovation Fund).The company intends to use the funds to deepen its collaboration with automakers and fleet providers, as well as expand into new markets. Led by CEO Stéphane Foulard, Comprendict provides an AI predictive platform for automotive health and usage monitoring. The company leverages virtual sensors’ technology to enable fleet operators and vehicle manufacturers to gain insight into how their vehicles’ safety-critical components are being used, regardless of its development stage, either embedded or as a cloud solution. 28/06/2022