TeamSolve co-founder and CEO Mudasser Iqbal
TeamSolve, a Singapore-based startup developing AI solutions for the industrial and utilities sectors, has completed a US$2.5 million seed financing round anchored by SGInnovate and the US-based early-stage fund for water entrepreneurs Burnt Island Ventures.
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Founded in 2022 by Mudasser Iqbal (CEO), Michael Allen, Ami Preis, and Robin Wong, TeamSolve has developed a generative AI-powered copilot designed for industrial operators. The copilot is a knowledge twin that provides an “accurate”, real-time view of asset health. It can also support managers by improving planning for asset renewals and crew dispatch.
The copilot can be applied to commercial buildings, industrial facilities, or public and private utility facilities across various sectors.
To enable easy adoption among new users, the co-pilot can be integrated into familiar messaging platforms such as WhatsApp and can learn on the go from field staff via input in the forms of text, images, and audio.
The solution integrates field observations with other diverse sources of knowledge—such as insights from retiring experts, troubleshooting guides, and work order reports—to ensure the safety and accuracy of its data while identifying new opportunities for operational improvements through machine learning.
Co-founders Iqbal, Allen, and Preis are serial entrepreneurs in the water industry. They previously co-founded Visenti, a Singapore-based smart water analytics startup spun out of the SMART research programme at the Massachusetts Institute of Technology (MIT). Visenti was later acquired by American water technology provider Xylem in 2016.
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Meanwhile, Wong previously led major commercial teams and business development projects with Xylem across the region, overseeing business growth, rollout of new products and applications and entry into new market segments.
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