Why We Raised $13M from Sequoia to Empower More Industrial Workers
Today, we’re excited to announce that we’ve raised $13 million in Series A financing led by Sequoia Capital with participation from Menlo Ventures. With this funding, we are eager to accelerate product development, enhance customer success, and expand our team to continue to give superpowers to operators.
Jess Lee will be joining our board and we’re thrilled to partner with her. Jess is an incredible product and design minded investor, with invaluable operating experience from her time working on Polyvore and Google Maps. Working with her since our Seed round has been transformational for our team and product. We’re looking forward to continuing our partnership and building a consumer-grade experience for the enterprise workforce.
Squint gives operators superpowers
There has been a boom in American manufacturing this year. Yet, factories are struggling to staff up, as a generation of expert operators retire and the industry is slow to modernize. This has led to an acute need to capture tribal knowledge, digitize processes, and make all of this information intuitively accessible to all operators.
Squint revolutionizes American manufacturing, bridging the gap in expertise as seasoned operators retire and modernization lags. Our cutting-edge AR platform encapsulates the essence of the industry's 4.0 revolution, seamlessly digitizing and intuitively presenting vital operational knowledge. By guiding operators through procedures with interactive AR navigation, multimedia tutorials, forms, and digital notes, Squint emulates the guidance of a veteran expert. Its standout feature: point your camera at any machine, and instantly access tailored procedures and insights. Squint isn't just a tool; it's a transformation, empowering every operator with on-demand expertise.
Since our launch in late 2022, we’ve found that Fortune 500 companies like Colgate-Palmolive, Berkshire Hathaway Energy, Siemens, Volvo, and more, need to solve for the knowledge gaps in today's manufacturing. Squint's customers report over a 50% reduction in time-to-value (time from being hired to joining the production line) for new operators.
Our customers have also found that Squint doubles the efficiency of experienced operators who perform routine work. Squint boosts the skills of all operators, whether they're rookies or pros, making it a breeze for anyone to nail any task.
What I’m most proud of though, is the feeling of empowerment that Squint brings out in our users. Operators have historically had to ask around for help, wade through heavy tech manuals, or try to figure out old-school software on their own. It's time we brought some of today's tech magic to the factory floors. At Squint, we are super excited to team up with our awesome customers and users. Together, we're making sure operators everywhere get the boost they deserve! And we're just getting started.
Using AI to upgrade the Squint experience for you
We’re also unveiling another industry-defining development: Procedure Generation. Documenting a procedure used to take days for a team of experts. Now, with Squint's multimodal generative AI, just record a video of the task and instantly get precise, step-by-step instructions, surpassing traditional human documentation in accuracy. Our early-access customers, including a major automotive manufacturer, are already seeing transformative results with Squint's AI-generated procedures. They find it not only saves time but also captures nuances and complexities in their custom manufacturing processes better than human-created content.
Unlocking opportunities with AR
You might wonder, does Squint really work? Absolutely! Since starting in 2021 with a strong AR background and over 30 patents, we've focused on making AR not just magical but truly effective. Squint stands out with its seamless, intuitive user experience. It recognizes spaces and objects without needing visual markers like QR codes. Just map any area in under a minute, and Squint instantly provides relevant information when you point your camera at it.
Don't miss out on revolutionizing your shop floor! Act now - book a demo with our team and start experiencing the Squint difference today. This is your opportunity to elevate your operations, so seize it!
We're thrilled about the future, continuously enhancing operator capabilities with Squint. And hey, if you're ready to be part of an innovative journey, join our team! We're eagerly looking for talent across multiple disciplines. This is your chance - head to our jobs page and take the leap with us.