Utilidata logo — Bringing AI to the edge to transform the way industries oper...

Utilidata

Bringing AI to the edge to transform the way industries operate

Founded 2012 United States Ann Arbor, United States 81 employees Series B Total: $35.00M AI, Energy +2

General Information

Company Name Utilidata
Founded Year 2012
Location United States Ann Arbor, United States +2
Employees 81
Industries AI, Energy, Clean Energy +1
Funding Stage Series B
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About Utilidata

Utilidata is a **fast-growing** energy technology company that was **founded in 2012** and is headquartered in the **United States**. The company's **slogan** emphasizes its focus on "Bringing distributed AI to the edge of the grid to accelerate decarbonization and better serve people." Utilidata leverages distributed artificial intelligence (AI) to accelerate the clean energy transition and improve customer service for utility companies. The company's distributed AI platform, powered by its custom **NVIDIA chip**, offers real-time visibility at the grid edge, aiding in the efficient utilization of customer energy resources, reduction of power outages, and faster storm recovery.

Utilidata's recent achievement includes a significant **$26.75M Series B investment** on **08 February 2022**. The noteworthy **investors** in this round include **Braemar Energy Ventures, Nvidia, Keyframe Capital, Microsoft Climate Innovation Fund, Moore Strategic Ventures,** and **MUUS Asset Management**. This support from prominent investors reflects confidence in Utilidata's innovative approach and potential impact in the energy and clean energy industries.

Utilidata's commitment to diversity, inclusion, and a supportive workplace culture further demonstrates its dedication to fostering a collaborative environment. With a team comprising individuals with backgrounds in electric engineering, power systems engineering, software engineering, data science, and energy policy, Utilidata brings a uniquely comprehensive perspective to address the energy industry's challenges. Overall, Utilidata's mission-driven approach and technological advancements position it as a compelling player in the energy sector, with the potential for significant positive impact in the clean energy space.

Taxonomy: AI at the edge, Decarbonization, Smart grid technology, Distributed AI, Electric grid optimization, Accelerated computing, Energy technology, Renewable energy integration, NVIDIA partnership, Electric grid resilience, Sustainable energy solutions, Energy infrastructure, Data-driven energy management, Mission-driven company, Inclusive workplace

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Series B •••••• 6
Investor Investor Investor Investor Investor Investor
08 Feb 2022
Series A •••••• 3
Investor Investor Investor
10 Aug 2020
Venture Round •••••• 1
Investor
13 Feb 2012

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FAQ About Utilidata

Bringing AI to the edge to transform the way industries operate
Utilidata was founded in 2012.
Utilidata is headquartered in Ann Arbor, United States.
Utilidata operates in the following industries: AI, Energy, Clean Energy, Machine Learning.
Utilidata has approximately 81 employees.
Utilidata has completed 3 funding rounds, raising a total of $35.00M. The latest funding stage is Series B.
Top alternatives and competitors to Utilidata include Smarter Grid Solutions, Integral Analytics, SmartSynch, Reactive Technologies Limited, BluWave-ai. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Utilidata and Smarter Grid Solutions are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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