Squint Raises Funding to Boost AR-Powered Platform
Squint, a pioneering technology platform that leverages augmented reality (AR) to streamline factory procedures, has recently announced the successful completion of a combined seed and pre-seed funding round, raising an impressive $6 million for their AR platform.
The Unique Value Proposition of Squint’s AR Platform
The innovative AR platform offers factory operators a highly intuitive mobile experience. It delivers dynamic and contextual assistance that is in tune with their immediate surroundings, transforming traditional shop floor instructions into a vibrant, interactive experience.
“What drew us to Squint was the combination of an outlier founder in CEO Devin Bhushan, whose background makes him a leading expert in enterprise AR, and a compelling value proposition that is resonating with large enterprise customers like Siemens, Volvo, and more,” stated Jess Lee, partner at Sequoia. She further emphasized that Squint uses mobile AR, computer vision, and machine learning to replace traditional methods such as paper binders, sticky notes, and human trainings.
Squint’s Impact on Factory Operations and Training
Squint’s platform enables organizations to effortlessly digitize standard operating procedures (SOP). It eliminates the need for a traditional IT team and works solely via a mobile phone, leading to more efficient and safer completion of routine tasks like training, operation, and maintenance.
Squint’s CEO Devin Bhushan explained the platform’s current usage and benefits, “Our solution is currently being used by companies across the manufacturing and energy sectors to help them optimize and scale individualized learning. We are transforming a factory’s SOP with AR. Now, instead of relying on paper-based instructions and hours of human training, Squint offers an intuitive, engaging, contextual way for operators to learn how to use the machines safely, effectively and much more quickly.”
Clientele and Case Studies: Siemens and Volvo
Squint’s clientele includes industry heavyweights such as Siemens and The Volvo Group. These companies have successfully integrated Squint’s AR technology to enhance their factory operations and training. According to Bhushan, “Once you see how AR can supplement and transform written SOPs with visual and contextual orientations and demonstrations, you really can’t go back.“
What’s Next for Squint?
With the new funding, Squint aims to introduce new verticals in its computer vision, AR and AI projects. Bhushan noted that they are working on new technology at the intersection of AR and AI, expected to make the implementation of Squint across enterprises even easier.
He confidently stated, “In the next few years, we expect AR to become ubiquitous in the workplace. Just as we’ve seen with the breakthrough of AI applications, AR will break out from gaming and gimmicks. Squint is already helping to drive this change.”
Squint’s platform, with its revolutionary approach to factory procedures, is rapidly changing the way operators interact with machines and applications. It is breaking the barriers of traditional methods, ushering in a new era of efficiency and safety in the workplace.
What do you think of Squint’s AR platform and its impact on factory operations? How do you see AR technology evolving in the workplace? We welcome your thoughts and insights in the comments below.