Company Profile (AI Text) Name: MCARTech, Inc. Canonical URL: https://wefunder.com/mcartech Updated at: 2026-06-22T05:03:29Z Tagline: Preventing costly industrial machinery failure with Asset Reliability solutions Elevator pitch: MCARTech helps companies in the manufacturing and process industry keep their plants operating efficiently, thereby maximizing productivity, output, and financial value. We assess every client's unique processes and trouble areas, and provide solutions to prevent equipment failure before it happens. Our real-time condition monitoring system ALERT detects abnormal machinery behavior at an early stage, and offers countermeasures to fix errors before serious malfunctions can develop. Key claims: - Total raised on Wefunder: 114752 | citation: https://wefunder.com/mcartech#claim-total-raised - Total investors: 11 | citation: https://wefunder.com/mcartech#claim-total-investors Verified facts: - Total raised on Wefunder: 114752 | observed_at: 2026-06-22T05:03:29Z | expires_at: 2026-06-23T05:03:29Z - Total investors: 11 | observed_at: 2026-06-22T05:03:29Z | expires_at: 2026-06-23T05:03:29Z Computed metrics: - total_amount_raised: 114752 - total_investors: 11 - team_size: 10 - featured_investor_count: 1 - faq_count: 1 - recent_post_count: 0 Quick facts: - ✅ Contracts signed w/ 2 international manufacturing companies, several more in talks | citation: https://wefunder.com/mcartech#claim-fact-1 - 🎯 Successfully completed proof-of-concept w/ 3 clients | citation: https://wefunder.com/mcartech#claim-fact-2 - 💥 Highly-specialized engineering team w/ 150+ years of combined experience | citation: https://wefunder.com/mcartech#claim-fact-3 - 💸 Offer more effective, adaptable solutions at more affordable rates than all major competitors | citation: https://wefunder.com/mcartech#claim-fact-4 - 📈 Industrial IoT market valued at $15.8B in '20 -- projected to be $24.4B by 202B; CAGR of 9.15% | citation: https://wefunder.com/mcartech#claim-fact-5 FAQ: - Q: Nice and simple product. A few questions: 1. Were you able to achieve the ~2 mil in revenues in 2022? 2. What is the exit strategy? 3. How many clients do you have? 4. Where is your tech/software development team based in? A: Hi Umair, I sincerely apologize for the delay in responding. We were very busy finalizing the Form C and the rest of the campaign documents for SEC filing. Ultimately on Feb 8th we launched our campaign. Here are my answers to your questions - 1. No, we were not able to generate $2m revenue in 2022. 2. We believe we are in for a long haul. We believe so because it is our conviction that Remote Monitoring and Predictive Diagnostics technologies are here to stay and evolve in a big way. We have...