Who founded Proaxion?

Proaxion was founded by Justin Rothwell in 2015.

Who are Proaxion's investors?

Proaxion's investors include Atlanta Technology Angels, Tamiami Angel, The Launch Place.

How much funding has Proaxion raised?

Proaxion has disclosed $2.5M raised across 3 rounds.

Where is Proaxion headquartered?

Proaxion is headquartered in Apex, US.

Proaxion

Apex, US · Founded 2015 · Delaware corporation · 3 known investors

Find your way into Proaxion

121 people in our graph share verified history with the Proaxion team — schools, employers, funds. One of them is your warm intro.

Charles White, Ph.D.unlockedknows Justin Rothwell · together at Worcester Polytechnic Institute (overlapped)

×10knows the team · via Worcester Polytechnic Institute

knows the team · via Altran North America

ProAxion provides a wireless predictive maintenance and condition-based monitoring system that uses sensors and analytics to track machine health and prevent unplanned downtime. It serves manufacturers and industrial plant maintenance teams in their Industry 4.0 reliability efforts.

Advanced Manufacturing AI & Machine Learning IoT

Founders & leadership

Proaxion was founded in 2015 by Justin Rothwell.

Justin Rothwell inFounderJustin Rothwell co-founded and led ProAxion, an industrial IoT predictive maintenance platform using wireless sensors and cloud analytics for equipment monitoring, serving as CEO and Chief Product Officer through commercialization and acquisition. With over 25 years in industrial systems and connected devices, he has held engineering, sales, product, and executive roles across nuclear power, water/wastewater, pharmaceutical, and manufacturing sectors, with deep expertise in rotating equipment, HVAC systems, instrumentation and controls, and thermal-hydraulic modeling.

Allen WestNamed on SEC filing

Elliot PogerNamed on SEC filing

Investors · 3

Atlanta Technology AngelsAtlanta · $200K – $2M

Tamiami AngelNaples

The Launch PlaceDanville · $500K

Reported raises · per SEC filings

Form D private placements

$2.5M disclosed across 3 rounds · 2017–2022

▶$1.7MraisedMar 2022 · 26 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Eric MurrayExecutive Officer, Director
Bruce BoehmDirector
Justin RothwellExecutive Officer, Director
Allen WestDirector

Offering amount: $2M
Amount sold: $1.7M
First sale: Feb 2022
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$95.4KraisedJul 2020 · 8 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Eric MurrayExecutive Officer, Director
Allen WestDirector
Justin RothwellExecutive Officer, Director
Bruce BoehmDirector

Offering amount: $900K
Amount sold: $95.4K
First sale: Jun 2020
Incorporated: Corporation, Delaware
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$752.9KraisedSep 2017 · 19 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Allen WestDirector
Elliot PogerExecutive Officer, Promoter
Justin RothwellExecutive Officer, Director, Promoter

Offering amount: $1M
Amount sold: $752.9K
First sale: Sep 2017
Incorporated: Corporation, Delaware, 2015
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap

Axion5 shared keywordsAxion provides an AI platform that helps manufacturing and enterprise teams detect and solve customer issues in real time to improve product design, reliability, and quality. The platform enables continuous product improvement by connecting field feedback to engineering, quality, and executive teams across industries like aerospace and appliances.

Companies competing with Proaxion for the same Google search keywords, organic and paid, via search-intersection analysis.

Frequently asked questions

What does Proaxion do?: ProAxion provides a wireless predictive maintenance and condition-based monitoring system that uses sensors and analytics to track machine health and prevent unplanned downtime. It serves manufacturers and industrial plant maintenance teams in their Industry 4.0 reliability efforts.
Who founded Proaxion?: Proaxion was founded by Justin Rothwell in 2015.
Who are Proaxion's investors?: Proaxion's investors include Atlanta Technology Angels, Tamiami Angel, The Launch Place.
How much funding has Proaxion raised?: Proaxion has disclosed $2.5M raised across 3 rounds.
Where is Proaxion headquartered?: Proaxion is headquartered in Apex, US.