Summary:
Squint AI raises $40M Series B at a $265M valuation to streamline machine repairs for giants like PepsiCo and Ford
The AI platform replaces bulky manuals with instant, smartphone-accessible guidance, reducing downtime and scrap
Manufacturing faces a 2.1 million job shortage by 2030; Squint’s AI helps train new workers faster
Investors include The Westly Group, TCV, Sequoia Capital, and Menlo Ventures
Future expansion plans include logistics and field service verticals
Squint AI: A Game-Changer in Manufacturing Repairs
Imagine pointing your phone at a broken machine and instantly getting a step-by-step guide to fix it. That's the reality Squint AI is creating for industry giants like PepsiCo, Ford, Nestlé, and Siemens. This week, the startup announced a $40 million Series B funding round, led by The Westly Group and TCV, pushing its valuation to $265 million.
The Problem Squint Solves
In manufacturing, when equipment fails, workers often scramble to find an expert or dig through bulky manuals. Squint AI eliminates this hassle by providing instant, AI-powered guidance through a smartphone app. Co-founder Dylan Conway explains, "It’s a really simple product, yet it serves such a diverse workforce in doing a million different tasks."
Why Investors Are Betting Big
- Workforce Shortages: By 2030, 2.1 million manufacturing jobs could go unfilled, costing the U.S. economy $1 trillion. Squint’s AI helps bridge this gap by simplifying training.
- Proven ROI: The platform reduces downtime and scrap, directly boosting profitability. "We’ve been able to prove that by empowering your workforce with Squint, you will have less downtime and less scrap, which will directly make you more money," says Conway.
What’s Next for Squint?
With fresh funding, Squint plans to expand into logistics and field service. While the app isn’t yet available for consumer use, the founders hint at future possibilities—like fixing your washing machine with a quick scan.
Courtesy of Squint
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