Lenz Labs is a UK-based startup providing Artificial Intelligence and IoT solutions to manage rail asset risk. Their AI “Engine” studies past and live asset data to predict asset failures that are likely to cause schedule disruption. Their product gives freight operators confidence in converting customer orders based on the true state of the network. It also supports network maintainers in choosing the most efficient mitigating strategies. Ultimately, Lenz Labs mission is to increase the attractivity of rail for freight and passenger movement. The company was founded in 2019 and have offices in Edinburgh and London.