Exact Technology

What Exact Technology does

EXACT Technology Corporation is a privately held Toronto-based software and hardware company founded in 2017 that builds monitoring technology for the concrete production industry. Its core offering is the INSIGHT™ monitoring platform, an add-on module extended by xBOLT™ — a proprietary in-drum temperature monitoring system for concrete mixers that delivers real-time temperature data during transit, supporting load protection and operational decision-making for concrete producers. The company's segmentation is vertical, focused on concrete producers requiring visibility into concrete temperature during transit to prevent quality and financial losses on compromised loads; pricing is not publicly disclosed. Strategic traction is anchored by an undisclosed corporate investment from Lafarge Canada Inc. (part of the LafargeHolcim group) in November 2023 and a co-development partnership with London announced in March 2026 to develop and launch xBOLT™ for INSIGHT™. The company is led by co-founder and CEO Jordan Korenzvit and operates with a small team (11–50 employees); no AI/ML capabilities, public revenue, or geographic footprint disclosures appear in the available data.

Name

Exact Technology

Website

https://exacttechnology.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

EXACT Technology is a Toronto-based software and hardware company that builds IoT monitoring technology for concrete producers, offering the INSIGHT™ platform and xBOLT™ in-drum temperature sensors for concrete mixers in transit.

Ownership category

akta.pro rank

Product category

Construction Technology Software

NAICS

Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)

SIC

Industrial Instruments For Measurement, Display, And Control (3823), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Condition Monitoring & Predictive Maintenance Instrumentation (Vibration/ultrasound, oil analysis sensors, IIoT monitoring) (IMAGAFAG)

akta.pro secondary industry

Industrial Quality Inspection & Metrology (Machine Vision) (IMAIAMAF)

Keywords

• Concrete temperature monitoring
• Construction technology software
• Ready-mix concrete sensors
• Concrete mixer analytics
• Precast construction solutions

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales

Core offering

Exact Technology develops data-driven software and sensor solutions for the concrete construction industry. Its core product, INSIGHT™, is a monitoring platform for concrete mixers, enhanced by the xBOLT™ in-drum temperature monitoring module that delivers real-time temperature data during transit to protect loads and improve producer decision-making.

Product overview

Exact Technology provides monitoring technology for the concrete construction industry. Their core product INSIGHT™ is a monitoring platform for concrete mixers, which is enhanced by the add-on module xBOLT™ for in-drum temperature monitoring. The xBOLT™ system was developed in partnership with London and provides real-time concrete temperature data during transit.

Differentiator

Problem solved

Functional benefit

Brands

• xBOLT™: In-drum temperature monitoring system for concrete mixers, providing real-time concrete temperature data during transit
• INSIGHT™

Products and services

• INSIGHT™ A monitoring platform for concrete mixers that integrates with xBOLT™ to provide real-time temperature monitoring capabilities during concrete transit, used by concrete producers to protect loads and improve operational decision-making.
• xBOLT™ for INSIGHT™ An in-drum temperature monitoring system for concrete mixers that provides real-time concrete temperature data during transit, enhancing load protection and decision-making for concrete producers.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• LondoncoreStrategic or Co-development Partner · 26 March 2026London partnered with EXACT Technology to develop and launch xBOLT™ for INSIGHT™, an in-drum temperature monitoring system for concrete mixers. This is a product co-development partnership where both companies collaborated on the technology.

Recent moves3 records

Expansion highlights3 records

Others

• Master Builders Solutions (MBCC Group, now Sika):

Direct peers

• Giatec Scientific: Canadian-headquartered IoT and smart sensor company for the concrete industry, offering maturity, temperature, and moisture sensors plus a connected software platform. Closest direct comparable to Exact's xBOLT/INSIGHT sensor-plus-software model.
• Maturix (by Converge.io): Provides wireless concrete temperature and maturity monitoring sensors integrated with a software dashboard for concrete producers and contractors. Directly competes in the concrete temperature-monitoring category that xBOLT targets.
• Command Center (Alchemco): Long-standing provider of concrete maturity and temperature sensors used to optimize formwork stripping and curing decisions. Comparable as a concrete sensor OEM with adjacent software analytics.

Broad incumbents

• LafargeHolcim (Holcim Group): One of the world's two largest building-materials groups and Exact's strategic investor (via Lafarge Canada). Operates massive ready-mix concrete fleets and could internalize or compete with Exact's monitoring offering.
• Heidelberg Materials: Global building-materials major with significant ready-mix concrete operations. Represents the same customer archetype as LafargeHolcim and the same competitive threat of in-house digitization.
• QUIKRETE: Large North American concrete and cement products manufacturer with its own ready-mix footprint. Comparable customer-side scale and a potential large-fleet adopter or competitor of fleet-monitoring technology.
• Boral Limited: Major Australian/NA building-materials company with a sizeable ready-mix concrete business. Comparable incumbent customer profile for fleet-monitoring tools like xBOLT.
• Vulcan Materials Company: Large aggregates and concrete producer in the US. Same enterprise customer archetype that Exact's vertical SaaS approach targets for fleet-level adoption.

Emerging players

• Converge.io: Construction-tech / concrete-AI platform using sensor data to optimize concrete pours and predict strength. Overlaps with Exact's data layer and represents a more software-heavy competitor in the same vertical.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat3 records

Key risks4 records

Key highlights4 records

Customer concentration

• Xx.com/exacttechnology
• Facebookfacebook.com/profile.php

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Exact Technology