EGM is an Information Technology startup based in the United States, founded in 2007. Its solutions, including the Meta-Alert solution, offer power utilities unique insights into their network and assets, aiming to deliver electricity at the lowest possible cost while ensuring safety and reliability. EGM's sensors measure dozens of electrical, physical, and environmental parameters in real-time with industry-leading precision, analyzing data to identify fault locations, voltage irregularities, pre-failure signatures, theft, and dangerous situations across the grid.
The company's solutions ultimately aim to reduce the SAIDI and SAIFI, mitigate wildfire risk, and improve grid reliability and resiliency. In November 2021, EGM secured a notable $17.50M in Venture Round investment led by Energy Growth Momentum. EGM's focus on enhancing the operational state of power utilities' networks presents a promising opportunity for investment in the realm of energy technology and infrastructure.