findIQ launches seed offensive in the USA after 4 million euros

B2B tech startup findIQ is accelerating its international expansion following the successful completion of its seed financing round at the end of 2024. With over USD 4 million in capital, the company has now acquired its first customers in the US and established a local presence with its own team and new corporate identity.

Intelligent knowledge platform for machine service

Founded in 2022 in East Westphalia-Lippe, findIQ addresses a critical market need: the intelligent collection and centralized management of expert knowledge in industrial machine and plant service. The platform combines knowledge management with an AI-based assistance system. In contrast to generic language models, findIQ uses proprietary AI models that provide precise answers in over 90% of cases.

Knowledge transfer is not just about making data and documents searchable. It is about capturing expert knowledge that is often not documented and making it available exactly when it is needed. This is exactly what we do

Sina Volkmann, CEO and co-founder of findIQ

The results speak for themselves. The platform saves up to 70 % of the time needed to diagnose faults. In addition, white label applications open up new sales potential for customers. Companies such as enercity and WISAG not only use findIQ internally, but also resell the platform as their own solution.

From Europe to the USA

Demographic changes are increasing the pressure to act. In Germany alone, around 4.26 million skilled workers will retire by 2031, resulting in the loss of valuable knowledge. findIQ is strategically addressing this challenge in the DACH region and now also in the USA, where similar trends can be observed.

The market launch in North America is taking place with a local team and an adapted corporate identity. This enables findIQ to support global companies such as Siemens, Phoenix Contact and Elopak in expanding the platform from Germany to the USA and to serve new customers such as Kulicke & Soffa directly on site.

Investors support growth

Since 2022, findIQ's investors have included High-Tech Gründerfonds, Auxxo Female Catalyst Fund and Notion Capital, supplemented by prominent business angels such as Dr. Bettina Volkens, former Lufthansa Executive Board member. Last year, Senovo and the global venture platform Plug and Play participated in the seed round, together with existing investors. In addition, the Advisory Board was expanded to include industry leaders such as Dr. Maurice Eschweiler from DMG Mori.