Montréal company selling machine-learning analytics for mobile mining equipment that give early warnings of haul-truck and excavator problems and prescribe maintenance, independent of equipment maker.
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Montréal company selling machine-learning analytics for mobile mining equipment that give early warnings of haul-truck and excavator problems and prescribe maintenance, independent of equipment maker.
Federal corporation 1061225-1 (Rithmik Solutions Ltd.), status Active, registered office on Notre-Dame Street West in Montréal; the company says it is headquartered in Montréal. ised-isde.canada.ca
Hitachi Construction Machinery made a US$3M minority strategic investment in Rithmik's Series A in December 2025; that is Hitachi's stake, not the round total. hitachicm.com
A mine-site demonstration from August 2024 to July 2025 analysed data from 40 dump trucks and six ultra-large hydraulic excavators, per Hitachi. hitachicm.com
Closed a $2 million funding round in March 2024 with Sprout Fund, Phoenix Fire, Cycle Momentum, DevCap and existing investors Chrysalix and Ecofuel. rithmik.com
Products Rithmik Solutions publishes on its own site. Each card links to the page it was taken from.
Mining equipment analytics
Company describes using advanced machine-learning techniques to give early warnings of equipment issues, optimise maintenance and deliver insights into operations affecting asset performance, now positioned as a prescriptive analytics platform for mobile mining equipment.
Learn more SourceAnnounced rounds only, newest first. Undisclosed amounts are shown as undisclosed.
Dec 1, 2025
Investors: Hitachi Construction Machinery, Chrysalix, Sprout Fund, Fonds Ecofuel, Phoenix Fire, Developer Capital
Mar 21, 2024
Investors: Sprout Fund, Phoenix Fire, Cycle Momentum, Developer Capital, Chrysalix, Ecofuel
Publicly announced partnerships.
Minority strategic investor exploring applying Rithmik's AI analysis to its digital mining platforms such as LANDCROS Connect Insight (2025).
Hitachi made a minority strategic investment in Rithmik's Series A, and the two plan to combine Rithmik's analytics with Hitachi's digital mining platform.
Co-founder Amanda Truscott went on parental leave and Ross Barichievy became Chief Executive Officer in October 2025.
Sourced from the company's own pages or announcements.
Ross Barichievy
Chief Executive Officer
Amanda Truscott
Co-founder
Terms the company uses about its own work.
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