Plutoshift

01 / WHAT IT BUILT

What the company did

Plutoshift was an operational data platform for modern industry. Founded by former NVIDIA machine-learning engineer Prateek Joshi and based in Palo Alto, it used machine learning on existing plant data to monitor physical infrastructure and track, predict and communicate the efficiency of critical assets and processes. Its initial focus was industrial water use ("Business Water"), with customers in manufacturing, food and beverage, chemicals and energy. The company raised an $8 million Series A in 2019 led by Fall Line Capital and Unshackled Ventures, with angels including the founders of Warby Parker and Allbirds.

03 / EVENT HISTORY

Events in the structured record

1. 2016
   Founded

   Prateek Joshi founded Plutoshift in Palo Alto as a data-intelligence platform for industrial processes, drawing on his machine-learning background from NVIDIA.

2. 2019
   $8M Series A

   Plutoshift raised an $8 million Series A from Fall Line Capital, Unshackled Ventures and angel investors to expand its cloud-based industrial monitoring platform.

3. Pending
   Closure

   The company later ceased independent operation: Crunchbase lists its operating status as Closed, while founder interviews describe the outcome as an acquisition. No acquirer, price or date has been publicly disclosed.