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Funding and backers
Total raised
$2M
1 round on record
Latest round
$2M
Venture round · Mar 2024 · 2 yr ago
Backers
1
Chrysalix Venture Capital
The money's age
Long since its last round
30 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Mar 21, 2024
Raised a round Venture round $2M
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Mar 2024 | $2M | — | businesswire.com |
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News
Hitachi Construction Machinery Invests $3 Million in AI Company, Rithmik Solutions to Accelerate Open Mining Analytics
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Rithmik Solutions: Strategic Investment Raised From Hitachi Construction Machinery
Rithmik Solutions, a Montréal-based provider of OEM-agnostic AI-based performance analytics for mobile mining equipment, has secured a minority strategic investment from Hitachi Construction Machinery as part of its ongoing Series A round.
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Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovation
Montréal, Canada - December 1, 2025 - Rithmik Solutions, a leader in OEM-agnostic, AI-powered performance analytics for mobile mining equipment, today announced that Hitachi Construction Machinery Co., Ltd. has made a minority strategic investment in the
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Report
Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovation
MONTRÉAL, December 01, 2025--Rithmik Solutions, a leader in OEM-agnostic, AI-powered performance analytics for mobile mining equipment, today announced that Hitachi Construction Machinery Co., Ltd. has made a minority strategic investment in the company a
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Report
Hitachi Construction Machinery Invests in Rithmik Solutions to Accelerate Open, AI-Driven Mining Innovation.
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Report
Rithmik Solutions Announces CEO Transition as Company Enters Next Phase of Growth
Montreal, Oct. 9th 2025 - Rithmik Solutions, a leader in predictive analytics for mobile mining equipment, today announced a leadership transition as Co-Founder and CEO Amanda Truscott steps down from her role to take parental leave. Effective October 202
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AI-Driven Predictive Maintenance Solutions
From Reactive to Predictive Maintenance with AI After improving mobile equipment fleet performance at a Zambian mine, the Rithmik team are eager to deploy their integrated AI-driven solutions, Asset Health Analyser (AHA) and Asset Performance Analyser (AP
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The Machine Modeller: Kevin Urbanski, co-founder and COO, Rithmik Solutions, one of 2024 Names to Know
Early in his career, Kevin Urbanski was on the team at Matrikon (now part of Honeywell) that built one of the first systems to gather sensor data from mobile mining equipment. Years later, working at Teck Resources, Urbanski was in the position to use tha
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Report
Rithmik Solutions: $2 Million Raised To Transform Mobile Mining Equipment Management
Rithmik Solutions, a leader in AI-powered analytics for mobile equipment optimization in the mining industry, announced the successful closing of a $2 million funding round. This funding round included participation from Cycle Momentum, DevCap, angel inve
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Financials
Total raised
$2M
Latest round
Venture - Series Unknown
Funding rounds
1
Funding rounds
| Round | Announced | Amount | |
|---|---|---|---|
| Venture - Series Unknown | 2024 | $2M | Details |

Chrysalix Venture Capital 




