Location: London, UK

How we met: Our operating partner

Propeller theme: Industrials

Propeller investment stage: Seed

Indeximate has a software solution for delivering real-time monitoring for subsea energy cable companies. Subsea energy cables are both expensive to install and insure, and when they fail they take awhile to repair.

• Why we love the founders – Chis Minto, Alastair Godfrey and Paul Clarkson are cable experts who care deeply about solving their customers' problems. They are also such a tight, hard working team - right down to using shared train rides as their “moving office.”
• What’s novel about Indeximate’s tech – Indeximate is able to make the massive amount of data that comes off energy cables usable in real time - with insights for the cable itself and its surroundings.
• Why we’re excited about this market – As the world reimagines how it procures and transmits renewable energy, billions of dollars of cables are going into the ocean. Indeximate solves inevitable pain and expands maritime domain awareness.
• How impactful Indeximate could be – Subsea cable failures are an inevitability of working in this harsh environment. But when a cable goes down -- it takes weeks to months to repair -- in the meantime renewable energy supply is cut off, and fossil fuel peaker plants are turned on. Indeximate will help avoid these emissions and keep the renewable power on.

Learn more about Indeximate at https://indeximate.com/