# Eyelit

Eyelit is an Asset Manager based in Mississauga, Canada.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Mississauga, Canada
- **Region:** North America
- **Address:** Mississauga, ON, Canada
- **Founded:** 2005
- **Assets under management:** Undisclosed
- **Website:** eyelit.com
- **LinkedIn:** https://www.linkedin.com/company/eyelit-inc-

## Regulatory record

- **Reports private funds:** No

## About

Eyelit was founded in 2005, initially targeting electronics assembly and semiconductor packaging — factory environments where sub-millisecond tracking of work-in-progress separates profit from scrap. The firm's early growth came from replacing legacy MES installations inside mid-market manufacturers that outgrew spreadsheets but lacked the IT bandwidth for heavier platforms from Siemens or Rockwell. Today its customer base spans discrete, batch, and continuous-process manufacturing, with a geographic split roughly 60 percent North America and 40 percent Europe. The platform covers three core asset classes: shop-floor execution (dispatching, tracking, genealogy), quality management (SPC, nonconformance, corrective actions), and equipment integration (OEE monitoring, recipe management, predictive-alert thresholds). Eyelit does not run a fund or LP structure — it sells software licenses and recurring maintenance agreements directly to plant operators, and has built a partner ecosystem around system integrators like Advanced Manufacturing Technologies and control-layer vendors including Rockwell Automation. Historically the company sold only perpetual licenses; since 2020 it has added a subscription tier for cloud-hosted deployments on Azure, though the firm still declines to publish pricing or total customer count. CEO Dan Estrada, who previously ran global operations at a discrete-manufacturing ERP vendor, was appointed in late 2021 to professionalize the go-to-market engine. Headcount is not publicly disclosed; the firm maintains a development hub in Mississauga and a US sales and implementation office in Austin. There are no adjacent philanthropic vehicles, real-asset arms, or club-deal structures associated with the entity — it operates as a standalone, privately held enterprise-software company. In October 2022 the firm released version 8.0 of its platform, adding API-based ERP connectors for SAP S/4HANA and Microsoft Dynamics 365 Finance & Supply Chain (per Eyelit release notes, October 2022). Eyelit’s structural differentiator is its refusal to go pure SaaS. While competitors Applause and Critical Manufacturing push browser-only, multi-tenant deployments, Eyelit ships installable server-side software that plants can run air-gapped from the internet — a requirement for defense contractors and certain FDA-regulated life-sciences sites. This architectural choice caps total-addressable-market growth but creates a moat inside high-compliance verticals where cloud-first vendors cannot bid.

## Sectors

- Enterprise Software
- Industrial Tech

## Offices

- Austin, TX, United States

## People

- Dan Estrada — Chief Executive Officer

## Related profiles

- [Centre Technologies](https://altss.com/profile/centre-technologies)
- [Imperial Dade](https://altss.com/profile/imperial-dade-intermediate-holdings)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/eyelit-inc

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