Steelhead technologies announced a $2.2M investment into building the world's best plant operating system for Job Shop manufacturing. The seed round includes investment from TIA Ventures and C2 Ventures, among other investors.
With the goal to improve competitiveness and profits of process manufacturers in North America, the platform modernizes and streamlines production environments through digitization, automation and optimization, while uncovering previously unknown data manufacturers can begin to leverage to drive more efficient processes and profitability.
“Today manufacturers are under myriad pressures. From labor turnover, pressure on margins, traceability requirements, and customer service expectations, our customers have provided a roadmap of opportunity for technology in these plants,” said Jeff Halonen, co-founder and CEO of Steelhead Technologies. “From tracking production cost and quality, to training operators, digitizing workflow and paperwork, to automated custom plant reports, we are providing a digital foundation to unlock decades of growth in an ever more digital world with a platform that is flat out easy to use.”
“Steelhead Technologies shows us our strengths and our ability to improve overall efficiencies. It tracks margins for the potential to see millions of dollars per year in profitability," explains Dana Schnepf, owner of D&K Powder Coating. "Not only is the technology powerful, but Steelhead has gone above and beyond to meet our needs, while surpassing our wildest expectations. The relationship we have developed has been instrumental in both teams’ growth and implementation of the program.”