About Proemion
Proemion is a Fulda, Germany-based technology company that develops and manufactures end-to-end telematics solutions for mobile industrial machines, serving OEMs, dealers, and equipment owners. Its offerings span embedded hardware (CAN-based gateways), SIM management, cloud platforms, and fleet/service management portals to enable worldwide machine data transmission, remote diagnostics, and analytics. As part of the Vercore group, Proemion targets the off-highway sector, helping customers digitalize operations and increase machine efficiency.
Company details
Funding
Total raised
$33.2M
Last stage
Growth
Investors
Founders
Robert Michaelides Sr.
Founded Proemion in 1987. Family-owned the company for over three decades before the Battery Ventures growth investment in 2022.
Robert Thomas Michaelides
Son of founder Robert Michaelides Sr.; serves as CEO of Proemion and joined the company's leadership as it scaled with Battery Ventures' backing.
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