Fortive

Fortive is a diversified industrial technology firm headquartered in Everett, Washington, that operates a family of over 20 companies focused on industrial growth and technology. Founded in 2016, Fortive provides essential technology designed to enhance productivity and safety across various sectors. Its portfolio includes automation and specialty businesses that supply components and equipment for industrial automation, robotics, medical devices, and precision control applications. Key subsidiaries include Kollmorgen, Thomson, Portescap, and Jacobs Vehicle Systems. Fortive serves a wide range of end markets such as manufacturing, utilities, medical, and electronics, and reported approximately $6.1 billion in revenue in 2023.

Raj Ratnakar

Vice President of Strategic Development

Alan Spoon

Chairman of the Board

16 past transactions

Glue

Pre Seed Round in 2025
Glue is a software framework that aims to automate the hardware testing process.

Datamaran

Series B in 2022
Datamaran is a sophisticated business intelligence platform that specializes in tracking environmental, social, and governance (ESG) issues critical to businesses. Founded by Marjella Alma, JP Lecourt, and Jérôme Basdevant, the company developed an advanced AI tool designed to efficiently analyze large unstructured data sets from the global corporate reporting landscape. This platform automates various processes such as benchmarking, materiality analysis, and risk identification, which were previously manual tasks. By leveraging proprietary artificial intelligence technology, Datamaran enables clients to save time and resources while providing valuable insights into non-financial issues that impact their operations.

TeamSense

Acquisition in 2021
TeamSense is a developer of a text-based digital platform aimed at enhancing productivity and engagement among hourly workers. The platform serves as a tool for attendance management and mass messaging, facilitating communication between organizations and their employees. By automating processes that are typically time-consuming and inefficient, TeamSense enables organizations to optimize manual tasks, ultimately boosting overall efficiency.

Genba

Seed Round in 2021
Genba empowers the frontline industrial workforce with the most straightforward, dependable, and intelligent software.

Accruent

Acquisition in 2018
Accruent is a global software company that specializes in physical resource management, helping organizations optimize their real estate, facilities, and asset management processes. With over two decades of experience, Accruent provides a cloud-based software platform that supports all stages of asset management, from capital planning to IoT-based monitoring. The company's solutions enable clients to manage their physical resources efficiently, extend asset lifecycles, ensure compliance, and mitigate risks. Serving more than 7,000 customers across various industries in 149 countries, Accruent is dedicated to enhancing operational performance and driving cost savings for organizations worldwide. Headquartered in Austin, Texas, Accruent remains committed to delivering innovative solutions that align with the missions of its clients.

Falkonry

Series A in 2018
Falkonry Inc. is an industrial AI software company founded in 2012 and based in Sunnyvale, California. The company specializes in developing machine learning software that enhances condition recognition capabilities by utilizing new data and expert feedback. Falkonry's offerings include the Falkonry LRS, which analyzes multivariate time series data to identify patterns, predict critical events, and explain operational behaviors, as well as the Falkonry Edge Analyzer, a portable engine designed for deploying predictive models on edge devices. The company's AI platform is tailored for the manufacturing and defense sectors, helping clients achieve improvements in production uptime, quality, yield, and safety by uncovering insights from operational data. Falkonry's solutions are compatible with Azure and AWS IIoT platforms and can be deployed on-site, at the edge, or in the cloud, serving a range of Global Fortune 2000 industrial clients.
Advanced Sterilization Products specializes in infection prevention technologies aimed at enhancing patient care through the cleaning and sterilization of medical tools. The company is focused on addressing three primary sources of infection: medical devices, the environment, and human contact. By providing a comprehensive suite of solutions, Advanced Sterilization Products aims to safeguard patients, healthcare workers, and communities from healthcare-associated infections (HAIs). Their commitment lies in advancing the standards of care and ensuring the highest levels of safety in healthcare settings.

Diagnostic Monitoring Systems

Acquisition in 2009
Diagnostic Monitoring Systems supplies partial discharge monitoring systems, specializing in gas insulated switchgear and power transformers.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.