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Rithmik Solutions

Montreal, CA · Founded 2017 · 18 employees on LinkedIn · 10 known investors

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Rithmik provides condition-based failure detection and diagnostics for heavy mining equipment, analyzing subsystem data to identify root causes of performance degradation before OEM alarms trigger. Its software gives maintenance and mining fleet operators diagnostic confidence scores and quantifies production and revenue at risk from equipment issues.

Advanced ManufacturingAI & Machine LearningSaaS

Investors · 10

Ecofuel Fundlisted by Ecofuel FundMontreal · $1.5M
Sproutxlisted by SproutxEdmonton · $500K – $750K

How we know: the VCSheet dataset · Not right? Tell us

Cycle MomentumreportedMontréal

How we know: funding news · Not right? Tell us

Also in the syndicate · 6

Chrysalix Venture CapitalDeveloper CapitalFonds EcofuelHitachi Construction Machinery Co., Ltd.Phoenix FireSprout Fund

Funding

SEC filings, press & company announcements

$2M disclosed across 1 of 2 rounds · 2024–2025

  • Undisclosed amountSeries ADec 2025 · 3 sources

    Chrysalix Venture Capital, Developer Capital, Fonds Ecofuel, Hitachi Construction Machinery Co., Ltd., Phoenix Fire, Sprout Fund

    Source ↗
  • $2MraisedMar 2024 · 2 sources
    Source ↗

Source: company announcements and press reports — follow each round's link for the claim.

In the news

Rithmik Solutions Raises Series A Fundingfinsmes.com · Dec 2025Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovationfinance.yahoo.com · Dec 2025Rithmik Solutions Secures $2 Million in Funding to Revolutionize Mobile Mining Equipment Management - Solutions Rithmik Solutionsrithmik.com · Mar 2024Today in funding: Oneka, Rootly, Convergence.Tech, Bird&Be, Rithmik, Scatr, Sonero | BetaKitbetakit.com · Jul 2021

Frequently asked questions

What does Rithmik Solutions do?
Rithmik provides condition-based failure detection and diagnostics for heavy mining equipment, analyzing subsystem data to identify root causes of performance degradation before OEM alarms trigger. Its software gives maintenance and mining fleet operators diagnostic confidence scores and quantifies production and revenue at risk from equipment issues.
Who are Rithmik Solutions's investors?
Rithmik Solutions's investors include Chrysalix, Ecofuel Fund, Sproutx, Cycle Momentum.
How much funding has Rithmik Solutions raised?
Rithmik Solutions has disclosed $2M raised across 1 of its 2 known rounds.
Where is Rithmik Solutions headquartered?
Rithmik Solutions is headquartered in Montreal, CA.