8 years ago
Shepherd Raises $870K Seed Funding for AI-Powered Maintenance Solutions
Shepherd, a London-based IoT startup, has secured $870,000 in seed funding from unnamed angel investors
The company plans to utilize the funds to enhance its development and expand its business operations
Shepherd's AI-powered detection and maintenance tool aims to reduce costs and losses for maintenance service providers
The company is a participant in Founders Factory's FinTech accelerator.
ProblemTechnology
"Maintenance service providers are losing money due to inefficient detection and maintenance of assets."
Solution
"Shepherd uses AI to provide a detection and maintenance tool that reduces costs and losses for maintenance service providers."