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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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Founded with a mission to revolutionize industrial processes, Fero Labs leverages machine learning to drive significant improvements in manufacturing facilities. The company's core vision is to create a sustainable future by enhancing quality, reducing costs, and minimizing emissions across various industries such as steel, chemicals, oil & gas, cement, and consumer packaged goods (CPG). Their flagship product is an AI-powered platform that provides explainable AI optimization, ensuring transparency and trust in the solutions they offer.
Fero Labs has garnered attention from notable industry leaders and investors who recognize the transformative potential of their technology. The company's key achievements include successful implementations in major industrial sectors, leading to measurable improvements in efficiency and sustainability. By focusing on explainable AI, Fero Labs has set itself apart in the market, making a significant impact on how industries approach process optimization and sustainability.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Software, Platform
Technology
AI, Machine Learning
Tags
SaaS, Ai Operations
Revenue Type(s)
Recurring
Customer Type(s)
Enterprise
Geographic Exposure
Global
When was Fero Labs founded?
Fero Labs was founded in 2015.
Where is Fero Labs’s headquarters located?
Fero Labs’s headquarters is located in New York City, NY, US.
When was Fero Labs’s last funding round?
Fero Labs’s most recent funding round was for $15M (USD) in June 2023.
How many employees does Fero Labs have?
Fero Labs has 44 employees as of Feb 5, 2024.
How much has Fero Labs raised to-date?
As of July 05, 2023, Fero Labs has raised a total of $24M (USD) since Jun 21, 2023.
Add Comparison
Total Raised to Date
$24M
USD
Last Update Jun 21, 2023
Last Deal Details
$15M
USD
Jun 21, 2023
Series B
Total Employees Over Time
44
As of Feb 2024
Fero Labs Address
433 Broadway
New York City,
New York
10013
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts