Reshape Automation closed $5M Seed round

Reshape Automation, an AI-powered industrial automation solution provider, has raised $5 million in seed funding. The round was led by Ironspring Ventures and included participation from new investors Haystack, Supply Chain Ventures, Remus Capital, and Expansion VC, alongside existing investors Schematic Ventures and Bee Partners. Prominent angel investors, such as Amar Hanspal, former co-CEO of Autodesk, also participated in the round.

Reshape Automation's platform consolidates and analyzes process data, tracks requirements, and aggregates demand and supply for automation equipment and services. The company aims to help manufacturers and warehouse operators adopt automation by providing AI-powered tools to diagnose, design, procure, and manage automation systems. The new funding will be used to accelerate the development and deployment of its "Reshape Industrial Automation Hub," which includes new products like Reshape Insights and Reshape Planner, and integrates its existing Reshape Market. Reshape Services will ensure ongoing value from automation solutions post-installation.