LexaTexer - Enterprise AI

LexaTexer is a German SaaS startup founded in 2017 that offers predictive analytics automation to support corporations, enabling them to make informed decisions by integrating and analyzing unstructured, structured, and alternative data with machine learning technology. The company's slogan "Build, test, integrate, operate data driven AI solutions in manufacturing, energy in days, not months," reflects its commitment to reducing the complexity of building, deploying, and integrating AI solutions in smart manufacturing, finance, and retail. LexaTexer's predictive analytics platform has garnered attention due to its effectiveness in helping clients achieve significant improvements. Clients have reported OEE increases of up to 17%, 10x lower error margins in sales and demand predictions, and reductions in root cause failure analysis from months to days. The company's focus areas include predictive manufacturing, predictive scheduling, predictive maintenance, as well as sales and demand forecasts. The most recent investment in LexaTexer was a Seed Round investment on 29 March 2018, with participation from Plug and Play Insurtech and Data Pitch. Overall, LexaTexer's innovative approach and strong track record of delivering tangible results make it an intriguing prospect for potential investors seeking opportunities in the AI and predictive analytics space within the manufacturing, energy, and retail sectors.