Utilidata

Bringing AI to the edge to transform the way industries operate

General Information
Company Name
Utilidata
Founded Year
2012
Location (Offices)
Ann Arbor, United States +2
Founders / Decision Makers
Number of Employees
81
Industries
AI, Energy, Clean Energy +1
Funding Stage
Series B
Social Media

Utilidata - Company Profile

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 of Utilidata (3)

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Funding Stage Amount No. Investors Investors Date
Series B $26.75M 6 08 Feb 2022
Series A $8.25M 3 10 Aug 2020
Venture Round Unknown 1 13 Feb 2012

Latest News of Utilidata

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No recent news or press coverage available for Utilidata.

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