I-care SRL

Based in Mons, Belgium, and co-founded by Fabrice Brion (CEO) and Arnaud Stiévenart in 2022, I-care SRL also known as I-care™ Group offers AI-based solutions for predictive and prescriptive maintenance. In September 2022, the firm raised, EUR 50 million in venture funding led by investor CPH, with participation from other investors Amerigo Capital, Invest Mons-Borinage-Centre S. A. , and Société Régionale d'Investissement de Wallonie.

The firm as of October 2022, employs over 600 people in its 26 offices present in 12 countries of Europe, the US, and Asia and serves the chemical, pharmaceutical, food, energy, and manufacturing sectors among others. The company collects, connects, manages, and analyses its client’s data utilizing capabilities, through its AI-based, data-driven, integrated technology and asset management methods to predict industrial failures and offer predictive and prescriptive maintenance, maintenance 4. 0, talent augmentation, and training. I-care’s products include Wi-care™ 100 and 200 series, which offer wireless and continuous monitoring technology solutions, Wi-care™ Pure to monitor the health of its clients’ critical assets and I-see™, a cloud-based analytical platform when combined with Wi-care™, it offers a complete Maintenance 4.

0 solution. I-care, as of September 2022, has grown at a rate of 35% per year for the last 5 years. The company plans to utilize its September 2022 funding to continue its global expansion, increase its workforce, accelerate its transition towards a hardware-enabled SaaS model, and further invest in R&D and technology.