TEEPTRAK is a technology company.
Leader in real-time OEE production monitoring, providing all-in-one industrial solutions that optimize production processes quickly and efficiently.
TEEPTRAK has raised $1.0M across 1 funding round.
TEEPTRAK has raised $1.0M in total across 1 funding round.
TEEPTRAK has raised $1.0M in total across 1 funding round.
TEEPTRAK's investors include XAnge.
TEEPTRAK is a France-based technology company specializing in plug-and-play IIoT solutions for real-time Overall Equipment Effectiveness (OEE) monitoring and industrial performance optimization.[1][2][4][5] It builds hardware-software systems like PerfTrak, ProcessTrak, MoniTrak, PaceTrak, and QualTrak that connect to any machine in under an hour, delivering live dashboards on metrics such as downtime, cycle time, scrap, and quality to drive productivity gains and ROI in weeks or months.[1][2][4][5] Serving manufacturers from SMEs to large groups across automotive, aeronautics, healthcare, food, and more—in Europe, North America, Asia—TEEPTRAK solves chronic inefficiencies in production tracking by replacing manual reporting with automated, actionable insights, enabling operators and managers to focus on value-added tasks.[1][2][4][5] With around 26-39 employees, revenue under $5 million (previously ~$576K), and rapid deployment, it has equipped numerous plants, earning trust from clients like Groupe PSA Stellantis, Safran, Essilor, and Faurecia, often yielding 10-15% performance uplifts.[1][3][4][5]
Founded in 2014 in Paris, France, by François Coulloudon (CEO), Guillaume Artigue (CCO), Jean-Marc Delafont (CTO), and Antonin Sibois (Lead Android Developer), TEEPTRAK emerged to address the need for affordable, easy-to-deploy tools monitoring machine performance, operator pace, and product quality in real-time.[5] The idea stemmed from identifying wastes in industrial processes through simple data capture, replacing paper-based reporting with autonomous hardware-software kits costing around €1,500 per unit.[5] First commercialization hit in 2016, with early wins including 3rd Prize in the EIT Digital Challenge 2015 and Neuilly Tech Winner, fueling growth to 10 employees by then and expansion to clients like Groupe PSA and Safran.[5] Pivotal moments included prioritizing France, Germany, and Italy, launching products in 8 languages, opening a Hong Kong branch for Asia, and a 2025 U.S. presence in Chicago as a global IIoT leader.[2][5]
TEEPTRAK rides the Industry 4.0 wave of IIoT and digital transformation, where manufacturers seek real-time data to combat inefficiencies amid labor shortages, supply chain volatility, and sustainability pressures.[2][5] Its timing aligns with surging demand for accessible OEE tools post-2020, as firms digitize without massive CapEx, influencing the ecosystem by democratizing performance monitoring—enabling continuous improvement across automotive, aero, and food sectors in Europe, North America, and Asia.[1][2][5] By partnering with giants like Safran and expanding via U.S./Asian footholds, it accelerates shop-floor agility, reduces waste, and supports broader trends like predictive maintenance and green manufacturing.[4][5]
TEEPTRAK's momentum positions it for accelerated global scaling, leveraging its U.S. entry and Asian branch to capture IIoT growth in underserved markets.[2][5] Trends like AI-enhanced analytics, edge computing, and ESG-driven efficiency will amplify its edge, potentially integrating advanced predictive features to boost OEE further. Its influence may evolve from niche OEE leader to full-suite industrial optimizer, drawing more enterprise adopters and partnerships amid rising automation—ultimately redefining how factories turn data into dollars, much like its quick-deploy roots transformed manual tracking for pioneers like Stellantis.[4]
TEEPTRAK has raised $1.0M across 1 funding round. Most recently, it raised $1.0M Seed in November 2018.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Nov 1, 2018 | $1.0M Seed | XAnge |