JITbase was founded in 2016 in Montreal, Canada to help manufacturing companies to move to Industry 4.0.
JITbase is smart manufacturing software that uses machine data and information from CNC programs to calculate the optimal sequence of machinist activities on the shop floor.
The Optimal Path System (OPS) is based on algorithms that calculate in real-time what should happen in production in order to maximize the availability rate of the fleet of machines. Like GPS in a car that indicates where to go, OPS tells the machinist which machine he should tend to next. Whether manual intervention (setup, tool change, inspection etc.) is required or an unplanned stop occurs, the machinist is proactive and knows where and when he must be present. Machinists manage more CNC machines and make informed decisions that lead to increased uptime.
Location: Canada, Quebec, Montreal
Member count: 11-50
Total raised: $650K
Founded date: 2016
Investors 3
Date | Name | Website |
02.11.2021 | Boreal Ven... | boreal.vc |
15.09.2021 | Maple Leaf... | mapleleafa... |
- | Start-Up C... | startupchi... |
Funding Rounds 1
Date | Series | Amount | Investors | Deal News |
27.09.2021 | Seed | $650K | - | betakit.co... |
Mentions in press and media 1
Date | Title | Description | Category | Author | Source |
27.09.2021 | JITbase ra... | JITbase, a Montréal SaaS start... | - | - | betakit.co... |