Trending...
- "JACKIE the STRIPPER," Starring Charlotte Kirk and The PUSSYCAT DOLLS' Kimberly Wyatt, Now Streaming on PRIME
- Infinity Infusion Solutions Launches "Women Leading Infusion Care" Campaign for National Women in Business Month
- Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026
Major Investment from Cofounders Capital and IES Holdings will allow Automation Intellect to scale its platform faster and further expand its sales footprint
CHARLOTTE, N.C. - ncarol.com -- Automation Intellect, a cloud-based Software as a Service (SaaS) company that provides a machine performance analytics platform for manufacturing companies, is excited to announce that it has closed a major funding round. This major investment was led by current investor Cofounders Capital with significant participation from IES Holdings, a publicly traded communications and infrastructure company and the only new investor in this round. The strategic engagement of IES along with the ongoing support from Cofounders Capital will allow Automation Intellect to leverage both organizations to scale its platform faster and further expand its sales footprint. Automation Intellect is led by Chief Executive Officer, Brad DeMarco, and Chief Technology Officer, Kurt Lueck.
"If you walked into most manufacturing plants today, you would feel like you stepped back in time. Manufacturing leaders are working with very limited information. The only way manufacturers can stay competitive in this resource-constrained environment is to implement an impactful digital strategy. Investments from visionary companies like Cofounders and IES Holdings will allow us to continue to fundamentally impact the manufacturing world." said Brad DeMarco, co-founder and CEO of Automation Intellect.
More on ncarol.com
"We feel strongly that Automation Intellect has the right product and approach for this space. Their team and product are extremely compelling and we are excited to continue to expand our investment." said David Gardner from Cofounders Capital.
Matt Simmes, President of IES Communications, added, "We are excited to partner with Brad and the rest of the Automation Intellect team. Not only will IES Communications provide value as an installation partner as we expand our service offering into the Industry 4.0 space, but we believe that our two companies will mutually benefit from cross-selling opportunities with our respective customers."
About Cofounders Capital
Cofounders Capital is an early-stage seed fund focused on B2B software ventures in NC and throughout the Southeast. Created in 2015, Cofounders Capital is now investing out of its second $31M fund. Cofounders Capital is managed by serially successful entrepreneurs, David Gardner and his partners, Tim McLoughlin and Tobi Walter with a team of over ninety advisers and volunteer mentors who are investors in the fund, eager to support entrepreneurship in NC and to help Cofounders portfolio companies and entrepreneurs succeed.
More on ncarol.com
About IES Holdings, Inc.
IES is a holding company that owns and manages operating subsidiaries that design and install integrated electrical and technology systems and provide infrastructure products and services to a variety of end markets. Our more than 6,000 employees serve clients across the United States. For more information about IES, please visit www.ies-co.com
About Automation Intellect
Automation Intellect is a cloud-based SaaS company that provides a machine performance analytics platform for manufacturing companies. The platform collects and monitors machine data, providing companies with valuable insights that improve machine performance. Headquartered in Charlotte, N.C., Automation Intellect was founded in 2016 by Brad DeMarco, Kurt Lueck and Bruce Wilkinson. For more information about Automation Intellect, please visit www.automationintellect.com
"If you walked into most manufacturing plants today, you would feel like you stepped back in time. Manufacturing leaders are working with very limited information. The only way manufacturers can stay competitive in this resource-constrained environment is to implement an impactful digital strategy. Investments from visionary companies like Cofounders and IES Holdings will allow us to continue to fundamentally impact the manufacturing world." said Brad DeMarco, co-founder and CEO of Automation Intellect.
More on ncarol.com
- Bruce Paulson Crowned The King of PBNs by the League of Lazy SEOs
- Remodelers Outstanding Construction Awards Announced
- Guardian Data Opens 42,000-Square-Foot Moonachie Facility, Doubling New Jersey Capacity
- Gabby Press Earns 5-Star Review From Literary Titan For Book About the Dangers of Corporate AI
- SecureMaine 2026 is Here -- Thursday October 8th!
"We feel strongly that Automation Intellect has the right product and approach for this space. Their team and product are extremely compelling and we are excited to continue to expand our investment." said David Gardner from Cofounders Capital.
Matt Simmes, President of IES Communications, added, "We are excited to partner with Brad and the rest of the Automation Intellect team. Not only will IES Communications provide value as an installation partner as we expand our service offering into the Industry 4.0 space, but we believe that our two companies will mutually benefit from cross-selling opportunities with our respective customers."
About Cofounders Capital
Cofounders Capital is an early-stage seed fund focused on B2B software ventures in NC and throughout the Southeast. Created in 2015, Cofounders Capital is now investing out of its second $31M fund. Cofounders Capital is managed by serially successful entrepreneurs, David Gardner and his partners, Tim McLoughlin and Tobi Walter with a team of over ninety advisers and volunteer mentors who are investors in the fund, eager to support entrepreneurship in NC and to help Cofounders portfolio companies and entrepreneurs succeed.
More on ncarol.com
- HW Foundation Opens Nominations for Inaugural 50 Under 50 in AI; Deadline Oct. 16
- Pavillon 30 Years of Addiction Recovery in Western North Carolina, Earns National Accreditation
- Charlotte Leadership Strategist Rustie Selected to Compete in National "Top Host" Competition
- ResC4EU Final Event at KOMPOZYT-EXPO 2026 – Building Resilient European Supply Chains
- Charlotte Leadership Firm Lead Forward™ Participate in 2026 _preneur Conference
About IES Holdings, Inc.
IES is a holding company that owns and manages operating subsidiaries that design and install integrated electrical and technology systems and provide infrastructure products and services to a variety of end markets. Our more than 6,000 employees serve clients across the United States. For more information about IES, please visit www.ies-co.com
About Automation Intellect
Automation Intellect is a cloud-based SaaS company that provides a machine performance analytics platform for manufacturing companies. The platform collects and monitors machine data, providing companies with valuable insights that improve machine performance. Headquartered in Charlotte, N.C., Automation Intellect was founded in 2016 by Brad DeMarco, Kurt Lueck and Bruce Wilkinson. For more information about Automation Intellect, please visit www.automationintellect.com
Source: Automation Intellect
Filed Under: Technology, Manufacturing
0 Comments
Latest on ncarol.com
- Advantage Newspaper Consultants Celebrates 30 Years of Serving the Newspaper Industry
- Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026
- [New Book] "Historic Maps of Charlotte" Available Now!
- Infinity Infusion Solutions Launches "Women Leading Infusion Care" Campaign for National Women in Business Month
- HuskyTail Digital Puts AI to Work Behind the Scenes to Cut Client Turnaround Time
- AI, Real-World Data "RWD" and U.S. Expansion Put Predictive Healthcare in Focus for POMDOCTOR Ltd. (N A S D A Q: POM)
- $11.18 Million DARPA Award Ignites a Major New Catalyst as FDA, Robotic TMS and Commercialization Milestones Converge for NRx Pharmaceuticals, Inc
- 2026 Triangle Parade of Homes Features Over 300 Homes
- "Next Friday" Star Mike Epps Hits Cherokee as KayeDinero Drops "Cherokee"
- P-Wave Classics to publish Thomas Holcroft's The Adventures of Hugh Trevor in three volumes, beginning 19 January
- Ad Leverage Sponsors ServiceTitan Pantheon 2026, Supporting Education and Growth in the Home Services Industry
- Travel Season Turns to the Smokies as KayeDinero Turns Cherokee Into a Song
- DBF Viewer 2000 v9.32 Adds New Control for Data Export
- Badanamu Partners With Moonbug Entertainment In Landmark Distribution Deal
- Cabinet Revolution Expands Affordable Cabinet Options for High Country Homes
- Nutriband (N A S D A Q: NTRB): Fighting Back Against the Fentanyl Crisis With a New Approach to Safer Transdermal Medicines
- Oral statement on the situation of Chairman Lee Man-hee in pretrial detention in the Republic of Korea
- Shuttle Buddy Announces Amazon Partnership to Launch Workforce Express in North Carolina
- Inlow Upholstery Helps Cleveland County Homeowners Refresh Furniture with Custom Upholstery
- Birthstones Are Having a 2026 Moment. KayeDinero's "Aquamarine" Began With Her Grandmother