JITbase

Production Scheduling & Workforce Management Powered by Machine Data

General Information
Company Name
JITbase
Founded Year
2016
Location (Offices)
Montreal, Canada +1
Founders / Decision Makers
Number of Employees
5
Industries
Automation, Industrial, Information Technology +2
Funding Stage
Seed
Social Media

JITbase - Company Profile

**JITbase** is a Canadian startup that specializes in **Production Scheduling & Workforce Management Powered by Machine Data**. Founded in **2016**, the company aims to alleviate the critical labor shortage in manufacturing by providing tools for supervisors to effectively schedule daily operations and optimize operator allocation. Through the collection and interpretation of exclusive workforce data, JITbase's solutions have demonstrated a remarkable **25% increase in labor efficiency**. By utilizing machine data, CNC operators can manage more machines with enhanced productivity and reduced stress, leading to a significant enhancement in production capacity. The company's distinctive approach involves the use of **Machine Monitoring Systems** to track Overall Equipment Effectiveness (OEE), as well as collecting machine data to inform planning and understand operator workload. JITbase stands out from traditional machine monitoring by focusing on leveraging machine data to actively improve productivity, rather than just tracking OEE. In its latest funding round on **22 September 2021**, JITbase secured a **$650.00K Seed Round investment**, with contributions from prominent investors including **BlueSky Equities, Boreal Ventures, Leesta Industries**, and **Sergio A. Escobar**. The company's focus on **Automation, Industrial, Information Technology, IoT**, and **Manufacturing** aligns with its vision to become a leader in the precision machining space, revolutionizing CNC machining and addressing the industry's workforce challenges. By digitalizing the shop floor, JITbase aims to enable CNC shops to increase their production capacity by at least **+25%**. For more information, visit: [Why JITbase](https://www.jitbase.com/why-jitbase)

Taxonomy: Smart manufacturing, Machine data, Workforce efficiency, Precision machining, Industry 4.0 solutions, CNC machining optimization, Production capacity, Labor management, OEE tracking, Machine monitoring systems, Workforce optimization, Workforce scheduling, Production planning, CNC program optimization, Productivity tracking

Funding Rounds & Investors of JITbase (3)

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Funding Stage Amount No. Investors Investors Date
Seed Round $650.00K 4 Sergio A. Escobar 22 Sep 2021
Non Equity Assistance Unknown 2 Founder Institute Montreal 01 Dec 2016
Non Equity Assistance Unknown 1 01 May 2016

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