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Based in Chicago, Illinois, Amper Technologies provides a hardware and software system that uses IoT sensors to digitize manufacturing operations and track machine utilization in real time. The company operates on a commercial subscription model, supplying discrete manufacturing and metal fabrication facilities with connected devices. These sensors monitor electrical current to extrapolate production output and detect equipment downtime without requiring complex IT integrations or major factory retrofits. The enterprise has secured over $14 million in total venture capital funding, including a $12 million Series A round, to support a workforce of up to 50 employees. Amper Technologies is backed by a syndicate of institutional investors that includes Grotech Ventures, Foundation Capital, Slow Ventures, and SOSV. Following an initial market validation period, the organization was founded in 2016 by Northwestern University alumni Akshat Thirani and Philip House.
Amper Technologies has raised $13.0M across 2 funding rounds.
Amper Technologies has raised $13.0M in total across 2 funding rounds.
Amper Technologies is a Chicago-based industrial technology company building what it calls the “FactoryOS” — a manufacturing intelligence and operations platform that connects machines, jobs, and teams in real time. The company’s platform automates data collection from any machine (regardless of age or type), delivers real-time and predictive insights, and provides frontline operators with tools to track progress and call for support, all with the goal of simplifying plant operations.
Amper serves manufacturers including OEMs, job shops, and contract manufacturers, helping them improve throughput, reduce downtime, and run more efficiently without adding headcount or capital. Its solution sits at the intersection of manufacturing execution systems (MES), industrial IoT, and operational intelligence, and is designed to be fast to deploy and easy to use. Since its 2016 founding, Amper has raised $15.15M in venture funding (Series A stage), and is actively growing as part of the next-generation factory software stack.
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Amper Technologies was founded in 2016 with a mission rooted in real-world manufacturing experience. The company’s origin stems from the founder’s deep immersion in factory-floor operations, where they observed that while modern plants are filled with skilled labor, advanced machines, and automation, the systems used to manage them are often clunky, outdated, and disconnected.
This firsthand exposure to the pain points of shop-floor management — manual data entry, siloed systems, and lack of real-time visibility — sparked the idea for a modern, unified operations platform built specifically for manufacturers, by manufacturers. The vision was to create a system that is fast to install, intuitive to use, and capable of delivering actionable insights across the entire plant, from the shop floor to the top floor.
Early traction came from manufacturers who saw immediate improvements in utilization, on-time delivery, and cost efficiency after deploying Amper. These early wins validated the product-market fit and helped the company secure venture backing to scale its platform and go-to-market efforts.
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Amper stands out in the crowded manufacturing software space through a combination of product design, technical architecture, and user-centric philosophy:
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Amper is riding several powerful trends reshaping industrial technology:
By making factory data accessible, actionable, and easy to act on, Amper is helping democratize advanced manufacturing intelligence beyond just large enterprises, influencing how a new generation of factories is run.
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Amper is well-positioned to become a foundational layer in the next-generation factory stack. As more manufacturers embrace digital transformation, the demand for fast, flexible, and operator-friendly operations platforms will only grow. Amper’s combination of plug-and-play hardware, real-time intelligence, and a strong product-led growth motion gives it a compelling edge in a market that has long been underserved by clunky, legacy solutions.
Looking ahead, Amper is likely to deepen its platform capabilities — expanding predictive analytics, AI-driven planning, and closed-loop continuous improvement workflows — while also broadening its ecosystem integrations (ERPs, CMMS, quality systems, etc.). The company may also expand into adjacent verticals or geographies as it scales, and could eventually evolve toward a more comprehensive “plant operating system” that orchestrates not just visibility, but execution and optimization.
In a world where factories are increasingly expected to be as intelligent and responsive as software systems, Amper’s vision of a unified FactoryOS could prove pivotal. For investors and operators alike, Amper represents a rare blend of deep domain expertise, strong product execution, and a timely bet on the future of manufacturing.
Amper Technologies has raised $13.0M in total across 2 funding rounds.
Amper Technologies's investors include 2048 Ventures, Alumni Ventures, Amadeus Capital Partners, Amazon Alexa Fund, Band of Angels, TJ Nahigian, Cipholio Ventures, Converge Venture Partners, Corazon Capital, Electric Capital, Foundation Capital, Gaingels.
Amper Technologies has raised $13.0M across 2 funding rounds. Most recently, it raised $11.0M Series A in March 2022.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2022 | $11M Series A | — | 2048 Ventures, Alumni Ventures, Amadeus Capital Partners, Amazon Alexa Fund, Band OF Angels, TJ Nahigian, Cipholio Ventures, Converge Venture Partners, Corazon Capital, Electric Capital, Foundation Capital, Gaingels, Greylock, HV Capital, Incisive Ventures, Polygon Labs, Q6 Capital, Shima Capital, Slow Ventures, SOSV, Subtraction Capital, Vitalize Venture Group, Vsquared Ventures, ASH Rust, Jason Katzer, Juney HAM, Musaab Hakami, Varsha RAO | Announced |
| Oct 1, 2017 | $2M Seed | — | Alpine Space Ventures, Amazon Alexa Fund, Band OF Angels, TJ Nahigian, Incisive Ventures, Scott Sandell, Slow Ventures, SOSV, Space Capital, Subtraction Capital, Jason Katzer, ASH Rust, Converge Venture Partners, Corazon Capital, Foundation Capital, Q6 Capital | Announced |