Conundrum is a funded company based in Cambridge, United Kingdom, founded in 2018 by Konstantin Kiselev, Vladislav Mironov, and Victor Portnov. It operates as an AI-driven industrial automation platform, providing solutions for predictive maintenance, process optimization, and quality control. Conundrum has raised a total of $7.8 million in funding, with its latest Series A round of $4 million led by White Cloud Capital in March 2022. The company has 44 employees and serves industries such as metals and mining, steel manufacturing, and oil & gas.
Conundrum Corporate Details & Core Services
Conundrum is a UK-based company providing artificial intelligence software solutions for capital-intensive industries to solve predictive maintenance, process optimization, and quality control problems.
What are Conundrum's Key Business Metrics & Stats?
No of employees
44
Founded year
2018
Type
private
SAICS CODE
7372
NAICS Code
511210
Industry
Industrial Automation
Location
Cambridge, England, United Kingdom
Pricing Strategy
Enterprise Licensing, Subscription-Based
How much funding has Conundrum raised to date?
Name
Description
Funding Amount
USD 1.5 Million
Stage
Seed
Latest Valuation
9 Million (USD)
Lead Investor
Speedinvest
Investors
Speedinvest
What are Conundrum's Core Products?
Name
Description
Conundrum AI Platform
An AI-powered software suite for industrial companies, enabling rapid development of applications for predictive maintenance, quality control, and process optimization.
Intelligent APC and MPC
Advanced process control solutions designed to maximize throughput and energy savings.
Plant-Wide Optimizer
Tools for holistic optimization extending beyond isolated processes.
Physics-Informed & ML Models
Sophisticated algorithms for predictive and adaptive process management.
Data Quality Management
Ensuring high data integrity for reliable decision-making.
What are the latest developments at Conundrum?
Date
Type
Description
March, 2022
Funding
Conundrum raised $4 million in Series A funding led by White Cloud Capital.
October, 2020
Recognition
Conundrum was selected for Tech Nation's Applied AI Programme.
Conundrum VS Uptake VS Falkonry VS MakinaRocks : 2026 Comparison
