COMPANY PROFILE

Fero Labs

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Cutting-edge industrial machine learning platform

New York City, United StatesFounded 2016AI

Valuation $50–100M Last recorded · 2023

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Fero Labs

Fero Labs develops advanced machine learning software designed to optimize industrial processes. The company serves manufacturers across various sectors, including chemicals and steel, by providing tools that enhance the use of raw and recycled materials, improve production time, and reduce energy consumption. Operating in the industrial process optimization market, Fero Labs employs a business model that focuses on software-as-a-service (SaaS). The company generates revenue through subscription fees for its AI-powered solutions, which offer real-time adjustments based on live data to meet production requirements. The software also includes features like root cause analysis and digital twin technology, which create virtual replicas of processes to provide actionable insights. Fero Labs aims to make manufacturing more sustainable and competitive on a global scale.

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At a glance

Status: Operational
Founded: 2016
Headquarters: New York City, United States
Employees: 30
Open positions: None listed
Dealroom signal: 70.4/100
Sector: AI, Industrial Automation, Analytics, Predictive Analytics, Core AI, Process Technologies, Explainable AI, AI Tools, Hard Tech, AI Applications
Technology: Artificial Intelligence, Machine Learning, Nanotech
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn

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Funding history

8 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Jun 2023	$15M	$60M	Innovation Endeavors · Deutsche Invest Equity · Blackhorn Ventures · Climate Investment	↗
SERIES A✓Equity / VC	Jul 2021	$9M	$36M	Innovation Endeavors · Deutsche Invest Equity	—

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Growth signals

Fero Labs website traffic

Latest recorded traffic for Fero Labs is 4.9K monthly website visits, up 53.1% over the last three months. Fero Labs's team grew 7.1% over the past year.

Latest monthly visits4.9K 3-month web change+53.1% 1-year team growth+7.1%

Monthly website visitsOct 2017–Jul 2026

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