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Think IQ

Founders
Doug Lawson
CEO
Niels Erik Anderson
CTO & CPO

Location

Laguna Beach, CA

Partnered

2018

Bonfire Lead

About
WHY WE INVESTED
Company description

ThinkIQ uniquely focuses on providing end-to-end traceability of materials as they move through complex supply chains. It does so with a software platform that uses sensor data (traditional and IoT) and advanced algorithms combined with semantic modeling to automatically detect physical events. Traceability data is then used as the “spine” to connect existing disparate systems and allow correlations that uncover the real issues in the supply chain.

Why solve this problem?

The industrial sector represents a large portion of the Global economy and yet it is notoriously inefficient with a large negative environmental impact. Prior to ThinkIQ it was very difficult to correlate cause and effect events up and down supply-chains. This challenge prevents the majority of companies from addressing the root causes of waste, inefficiency, poor practices and supply-chain fragility.

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In the News
Article
Mitsubishi Invests in Smart Manufacturing Tech Firm ThinkIQ
October 9, 2023
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Other
Using Data From Supply Chains To Improve A Plant’s Efficiency And Profits
March 20, 2022
Other
ThinkIQ Announces Availability of ThinkIQ Vision After Integrating Atollogy Technology and Team
March 20, 2022
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