Idencia, Inc.

Idencia, Inc. offers product tracking and plant management software tailored for modern precasters in the construction industry. Founded in 2014 in the United States, it provides comprehensive systems for tracking and managing construction products from production to end-of-life. The company caters to manufacturers of precast concrete, prestressed concrete, and steel structures utilized in critical infrastructure such as bridges, tunnels, and railroads. The core module of Idencia's system equips precast/prestressed concrete manufacturers with a paperless solution for quality control management via mobile devices. Furthermore, it offers advanced functionalities encompassing production management, inventory location, yard management, and shipping solutions. Notably, the generated information can be seamlessly shared with third-party systems employed by the project owner for streamlined asset construction and maintenance management. This significantly enhances the efficiency of state Departments of Transportation in inspecting and maintaining bridges and tunnels. The cloud-based Idencia management system is accessible 24/7 through PCs, smartphones, or tablets. The latest funding round saw a $1.20M Series A investment from MB Growth Partners on 30 January 2015. Idencia operates in the SaaS and Construction industries, presenting a promising prospect for venture capital firms seeking innovative solutions in construction technology.