The problem
Plants lose money when critical machines break without warning, and most equipment isn't monitored at all
What they do
Wireless machine sensors plus AI that predict industrial equipment failures and drive maintenance work
Traction ARR crossed $100M in Sep 2026, +90% YoY; 2,000+ facilities
Hiring trend
- Open roles
- 67
- Ops roles
- 3
- Headcount
- ~750-890
Headcount ~400 (Dec 2024) → ~888 on LinkedIn (Oct 2026); 67 open roles, 24 US-eligible
Glassdoor
4.0 ★ 34 reviews ↗Funding
- Last round
- $130M
- Stage
- Series D
- Date
- Oct 2026
Led by Sapphire Ventures, M&G Catalyst
- Hiring+267 open roles on the live job board (30+ roles = +2)
- Funding recency+2Series D · $130M, Oct 2026 (this month): 6 months or less = +1.5, $100M+ round +0.5
- Traction+1.5Strong growth: ARR crossed $100M in Sep 2026, +90% YoY; 2,000+ facilities
- Red flags0None found in the last 24 months
- Total5.52 + 2 + 1.5 − 0 = 5.5 → Sprint (4.75 or more)
Distance (Half) is a separate read on how long the lead can last. It doesn't change the score.
Distance
Half · edge: hard to leave + learns from use
Installed sensors and a large failure dataset make it sticky; Augury and others compete.
Sources: Dealroom: Tractian $130M Series D, ARR past $100M growing 90% (Oct 2026) ↗ · FinSMEs: Tractian raises $130M Series D (Oct 2026) ↗
Last checked Oct 26, 2026