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BEET lands $1.25M in seed capital, including Michigan Pre-Seed Capital

BEET Analytics Technology has locked down $1.25 million in seed capital in its first year, setting the stage for it to launch its manufacturing software and help it gain traction.

The Plymouth-based start-up, which utilizes the services of the Macomb OU-INCubator, provides diagnostic and analytic software for automation and manufacturing markets. Its software provides insight into manufacturing quality and maintenance performance, along with monitoring capabilities to component level activities. The 1-year-old company is set to launch its product later this year.

"We would like to be the premier automotive intelligence software provider," says Edward Kim, president of BEET Analytics Technology. "We would like to help company in the automotive industry improve production through cost savings."

BEET Analytics Technology currently employs nine people. It has recently hired two people and expects to hire another in the near future. The recent infusion of $250,000 from the Michigan Pre-Seed Capital Fund is expected to help fund that staff expansion.

Source: Edward Kim, president of BEET Analytics Technology
Writer: Jon Zemke
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Related Company

  • BEET Analytics Technology
    45207 Helm St.
    Plymouth, MI 48170 Website
    BEET Analytics Technology provides a cutting-edge diagnostics and analytics solution for automation and manufacturing market. It is based in Plymouth.

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