Pico MES
Canvas Category Software : Operational Technology : Manufacturing Execution System
Pico MES is a computer software company that offers computer software designed for factory and machinery control. Manufacturing Execution Systems (MES) have never been human-centric. Poor data management, broken traceability, and not designed for the average factory worker. Not anymore - we’ve fixed it. Pico MES is a fresh approach to factory operating systems and enables a connected environment to limitless factory tools, capturing data for visibility into the supply chain. Pico MES has migrated dozens of mid-sized factories off of paper-based systems and helped improve product quality for American factories in battery manufacturing, automotive, and aerospace. Pico MES is designed by end users, for future end users.
Assembly Line
🖥️🏭 Pico MES Announces $12M Series A to Boost American Manufacturing for Mid-sized Factories & Build a Connected Supply Chain
Pico MES, a software company that is enabling digital transformation for small to medium-sized American factories, today announced a $12.35M Series A investment led by Bosch Ventures and joined by new investors from Counterpart Ventures and Momenta. Existing investors Lemnos, Congruent Ventures, Union Labs, and SE Ventures participated in the round as well. Since its founding in 2019, Pico MES has integrated 10,000 processes into digital data streams from over 700 workstations and connected over 1,900 devices to its platform.
Pico MES is creating smarter, smaller factories
Pico MES, a manufacturing execution system (MES) software company focused on small and midsize manufacturers, has raised $6.75 million in seed funding. The funds will enable Pico to improve its tools and expands its sales, marketing and development teams. The company has 22 employees currently and is expected to increase by another 30-50% by the year’s end.
MES systems work by capturing data from manufacturing equipment and the individuals involved in the various steps of making a product. These applications are generally oriented to larger enterprises. But 98.6% of manufacturers in the U.S. have fewer than 500 employees and these companies produce over $3 trillion of goods each year. Pico’s software is priced, configured and optimized to meet the needs of these smaller manufacturers.