Datanomix, a Nashua, New Hampshire-based company offering a production intelligence platform for precision manufacturers, has secured $12 million in growth funding. The investment round was led by MK Capital and Joint Effects, and saw participation from Hub Angels, several Datanomix customers, and previous investors Gutbrain Ventures, PBJ Capital, and CEAS Investments. As part of this round, Mark Koulogeorge from MK Capital will be joining Datanomix’s Board of Directors.
The company plans to use the funds to fuel geographic and digital expansion, product development, and data source integrations. Established in 2017 by CEO John Joseph and CTO Greg McHale, Datanomix aims to deliver Production Intelligence by providing actionable operational insights to industrial manufacturers. Its core offerings include the No Operator Input Production Monitoring platform and Digital GEMBA Boards, which streamline the manufacturing process by offering real-time data and insights.
Datanomix has established partnerships with leading industry players such as Hexagon, Vallen, Caron Engineering, ProShop ERP, and Flexxbotics, further demonstrating its commitment to enhancing the precision manufacturing sector. With this new injection of funds, the company is well-positioned to continue expanding its reach and developing innovative solutions for the industry.