Intangles Raises $30M Series B Led by Avataar to Expand Predictive AI for Vehicles Globally

Intangles, a predictive AI start-up specializing in vehicle health monitoring, has raised $30 million in a Series B funding round led by Avataar Venture Partners, with additional investments from Baring Private Equity India and Cactus Partners. The company plans to use the capital to scale its technology, expand globally, enhance its AI models, and grow its workforce. Intangles' platform, Inroute, uses proprietary digital twin technology to warn fleet owners of potential vehicle failures up to a month in advance with approximately 95% accuracy, helping reduce maintenance costs by up to $10,000 per vehicle annually. Serving over 400,000 vehicles worldwide across regions including North America, Europe, Southeast Asia, and the Middle East, Intangles supports diverse fleet types and helps clients improve fuel efficiency, reduce emissions, and boost net profitability by as much as 50%. Founded in 2016, the company combines applied physics, scalable engineering, and systems thinking to transition fleets from reactive maintenance to proactive decision-making, establishing a global SaaS model with high margins. Its clients include major original equipment manufacturers and enterprise fleets, benefiting from improved operational efficiency and significant cost savings.