Equipt.ai Raises $3.2M to Boost AI-Based Solutions in Asset Management
The seed funding round will support product development, market expansion, and operational scaling to meet increasing demand in field service management.
Elena Whitmore 
Equipt, a company focused on transforming asset and field service management through artificial intelligence, has secured $3.2 million in seed funding. The round was led by Moneta Ventures with participation from Cortado Ventures. The new capital will be used to enhance the company’s platform capabilities, expand market reach, and scale operations in response to growing enterprise demand.
Strategic investment to support scale and technology development
The participation of venture capital firms signals investor confidence in Equipt's long-term roadmap. Brent Kelton, Partner at Moneta Ventures and now a board member at Equipt, commented that the company is addressing significant operational challenges faced by asset-intensive and field service organizations through advanced software solutions. According to Kelton, the quality of the team and their focus on real-world problems played a central role in the investment decision.
A platform reshaping business operations through AI
Equipt aims to create a unified platform that reflects how modern businesses function—as interconnected systems rather than isolated departments. Indrajit Datta, Co-founder and CEO, explained that their approach is based on delivering not only efficiency but also clarity and adaptability. He emphasized the importance of investor support in realizing this vision.
Amarpal Nanda, Co-founder and COO, added that innovation will be driven by enhancing Self-Service and Connectivity, combining people and processes through embedded AI called EGenie, which is designed to provide measurable returns across operations.
Client transitions reflect platform effectiveness
One example of Equipt's practical impact is the case of Energy Water Solutions (EWS). The company, active in the water treatment sector, recently replaced three legacy systems with Equipt's solution. Mike Skrbich, President and CEO of EWS, reported that the switch resulted in a 33% improvement in operational efficiency. This transition allowed the company to better track assets, monitor performance, manage billing, and maintain safety and service quality standards.
Building a foundation for sustainable operations
Equipt's AI-powered platform supports real-time monitoring of shop and field operations, technician skills management, and complex service packaging. Its integration capabilities allow organizations to gain insights into planning, forecasting, and sustainability-focused decision-making. The company positions itself not only as a tool for digital transformation but also as a system that contributes to long-term business resilience.
Backing from regional venture capital firms
Moneta Ventures, with offices in Austin, Texas and Folsom, California, has invested in more than 50 B2B tech companies, including Mindtickle, Grin, and VideoVerse. The firm focuses on working closely with founders to help companies scale across the West Coast and Texas.
Meanwhile, Cortado Ventures, based in Oklahoma City, targets sectors like energy, mobility, manufacturing, and healthcare technology. Their investment in Equipt aligns with a strategy to support disruptive solutions that fit the needs of the Midcontinent region.
