Tractian raises $130 million Series D at a $1.4 billion valuation

Y Combinator congratulated W21-incubated Tractian and its founders on completing a $130 million Series D at a $1.4 billion valuation. Tractian installs more than ten kinds of sensors, including vibration, temperature, and pressure sensors, on industrial machines and uses AI to predict failures before they occur and provide maintenance recommendations. Its ARR has surpassed $100 million, up 90% year over year.