The people
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Working at Acerta
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About
Acerta was founded in 2017 as a University of Waterloo spinoff to apply machine learning to production data, flagging and predicting defects as cars and components come off the assembly line. Its LinePulse product analyses manufacturing and vehicle data for early failure detection. It raised a roughly US$1.6M seed in 2017 and a US$7M Series A in 2020 led by OMERS Ventures, with M12 (Microsoft), Radical Ventures, StandUp Ventures, Export Development Canada and Techstars participating.
Backers
US$7M Series A (2020) led by OMERS Ventures, with M12, Radical Ventures, StandUp Ventures, EDC and Techstars.
Quick answers
What does Acerta do?
It uses machine learning to detect and predict quality defects on automotive and manufacturing production lines from production and vehicle data.
Who founded Acerta?
Greta Cutulenco (CEO), Jean-Christophe Petkovich (CTO) and Dr. Sebastian Fischmeister, as a University of Waterloo spinoff in 2017.
Who has funded Acerta?
Its US$7M Series A in 2020 was led by OMERS Ventures, with participation from Microsoft's M12, Radical Ventures, StandUp Ventures, EDC and Techstars.