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Squint, a San Francisco-based Manufacturing Intelligence Platform, has raised $40 million in Series B funding led by The Westly Group and TCV, with participation from existing investors Sequoia Capital and Menlo Ventures. This round brings the company’s total funding to over $59 million. The capital is aimed at advancing Squint’s AI capabilities to spearhead the Agentic Manufacturing revolution, which involves deploying intelligent agents to automate and optimize factory workflows. Specifically, the funds will deepen integrations across manufacturing processes, expand into adjacent sectors such as energy, logistics, and field services, and scale operations to address surging demand from enterprise customers.
The platform empowers frontline operators by bridging knowledge gaps in industrial settings, where operational complexity is rising amid workforce retirements and reshoring trends. Squint’s technology enables seamless collaboration among operators, real-time tracking for supervisors, and data-driven insights for executives, ultimately improving quality, reducing downtime, and enhancing margins. Key features include AR-guided procedures, multimedia tutorials, digital forms, and AI-powered procedure generation from video recordings, which has demonstrated over 50% reduction in time-to-value for new operators and doubled efficiency for experienced ones. The company serves tens of thousands of operators across hundreds of Fortune 500 factories, with notable expansions including a Fortune 50 customer deploying to over 70 additional sites and a Global Fortune 500 manufacturer rolling out to 10,000 field technicians. Manufacturing, representing over 10% of U.S. GDP and employing more than 13 million Americans, is experiencing its fastest growth in decades, positioning Squint to deliver AI innovations to underserved frontline teams.
Devin Bhushan, Squint’s founder and CEO, emphasized the transformative potential: “For operators in the heat of the factory floor, Squint already feels like magic. With this round of funding, we’re doubling down — empowering a broader range of frontline teams with the world’s most advanced Manufacturing Intelligence Platform.” Shaun Chaudhuri, Partner at The Westly Group, highlighted the strategic fit: “As operational complexity increases and a generation of experienced workers retires, the industrial workforce is facing a widening knowledge gap. Squint bridges that gap by delivering AI-powered workflows to the factory floor, equipping operators with real-time intelligence that can scale.”
Funding History
Squint’s fundraising trajectory reflects steady growth from seed stages to scaling enterprise adoption. The following table summarizes all known rounds:
| Round Type | Date | Amount Raised | Lead Investors | Other Investors | Total Raised to Date | Notes/Post-Valuation |
| Seed (Initial) | March 2022 | $2.5M | Not specified | Not specified | $2.5M | Focused on early product development; generating revenue stage. |
| Seed (Follow-on) | March 2023 | $3.49M | Not specified | Not specified | $5.99M | Continued revenue generation; no valuation disclosed. |
| Series A | November 2023 | $13M | Sequoia Capital | Menlo Ventures, The Westly Group, Plug and Play Tech Center, Industry 4.0 Accelerator | $18.99M | Accelerated product development and team expansion; Jess Lee from Sequoia joined the board. No valuation disclosed. |
| Series B | August 2025 | $40M | The Westly Group, TCV | Sequoia Capital, Menlo Ventures | >$59M | Emphasis on AI advancement and sector expansion; valuation not disclosed. |
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Investor Analysis
The Series B round features a mix of new and returning backers, signaling strong confidence in Squint’s trajectory. The Westly Group, known for investments in energy and industrial tech, and TCV, a growth-stage firm with a track record in enterprise software, bring expertise in scaling platforms for physical economies. Repeat participation from Sequoia Capital and Menlo Ventures, who led or joined earlier rounds, underscores continuity and validation of Squint’s AR and AI innovations. This investor syndicate aligns with Squint’s focus on manufacturing and emerging agentic AI, where autonomous systems handle complex tasks. Notably, Sequoia’s involvement dates back to the Series A, where it highlighted Squint’s potential to address expertise shortages in factories.
Market Context and Strategic Implications
In a broader market where AI is increasingly applied to industrial operations, Squint’s funding arrives amid reshoring initiatives and labor challenges. The U.S. manufacturing sector’s rapid expansion creates demand for tools that digitize tribal knowledge and enhance operator productivity, areas where Squint excels with its markerless AR mapping and AI-generated procedures. Competitors in AR for B2B, such as those targeting logistics or maintenance, face similar opportunities, but Squint’s enterprise traction—evidenced by clients like Colgate-Palmolive, Siemens, and Volvo—positions it as a leader in reducing onboarding times and boosting efficiency.
This round enables Squint to capitalize on AI agent trends, where “agentic” systems proactively solve problems, potentially differentiating it from passive AR tools. Expansion into energy and field services could diversify revenue streams, tapping into sectors with similar knowledge transfer needs. Risks include integration complexities with legacy factory systems and competition from broader AI platforms, but Squint’s patent portfolio (over 30) and quick mapping capabilities provide defensible advantages.
With this infusion, Squint is poised for accelerated growth, potentially reaching new milestones in customer scale and AI feature rollouts. The emphasis on agentic manufacturing suggests upcoming enhancements in autonomous workflows, which could further entrench its platform in Fortune 500 operations. If trends in industrial AI persist, Squint may pursue additional rounds or partnerships to fuel international expansion, solidifying its role in modernizing the physical economy.
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