About Buzz Solutions
Buzz Solutions is a company based in Stanford (United States) founded in 2017 by Vikhyat Chaudhry and Kaitlyn Albertoli.. Buzz Solutions has raised $9.5 million across 3 funding rounds from investors including Vodia Capital, GoPoint Ventures and Blackhorn Ventures. The company has 7 employees as of December 31, 2022. Buzz Solutions offers products and services including PowerAI, PowerAI Basic, and PowerGUARD. Buzz Solutions operates in a competitive market with competitors including PowerSecure, Gorilla, Uplight, Technosylva and powercloud, among others.
- Headquarter Stanford, United States
- Employees 7 as on 31 Dec, 2022
- Founders Vikhyat Chaudhry, Kaitlyn Albertoli
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Sectors
TechnologyAerospace, Defense & Maritime Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Buzz Solutions, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$9.5 M (USD)
in 3 rounds
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Latest Funding Round
$5 M (USD), Series B
Feb 09, 2024
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Investors
Vodia Capital
& 5 more
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Employee Count
7
as on Dec 31, 2022
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Products & Services of Buzz Solutions
Buzz Solutions offers a comprehensive portfolio of products and services, including PowerAI, PowerAI Basic, and PowerGUARD. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Processes visuals for asset insights in energy infrastructure
Basic tool for energy system inspections and analysis
Real-time monitoring for substation safety and anomalies
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Funding Insights of Buzz Solutions
Buzz Solutions has successfully raised a total of $9.5M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $5.0M
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First Round
First Round
(24 Jul 2020)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series B - Buzz Solutions | Valuation | GoPoint Ventures | |
| Dec, 2022 | Amount | Series A - Buzz Solutions | Valuation | GoPoint Ventures | |
| Jul, 2020 | Amount | Seed - Buzz Solutions | Valuation | Blackhorn Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Buzz Solutions
Buzz Solutions has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Vodia Capital, GoPoint Ventures and Blackhorn Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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GoPoint Ventures is engaged in early-stage venture capital investments.
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Founded Year | Domain | Location | |
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Tech and offline focused VC firm investing in geographies such as the US
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Founded Year | Domain | Location | |
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A seed-stage venture capital firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Buzz Solutions
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Buzz Solutions
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Buzz Solutions Comparisons
Competitors of Buzz Solutions
Buzz Solutions operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as PowerSecure, Gorilla, Uplight, Technosylva and powercloud, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| domain | founded_year | HQ Location |
Developer of electricity transmission based utility projects
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| domain | founded_year | HQ Location |
AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
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| domain | founded_year | HQ Location |
Provider of GIS-enabled software solutions for multiple sectors
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| domain | founded_year | HQ Location |
Cloud-based energy solutions for transition and customer engagement are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Buzz Solutions
Frequently Asked Questions about Buzz Solutions
When was Buzz Solutions founded?
Buzz Solutions was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Buzz Solutions located?
Buzz Solutions is headquartered in Stanford, United States. It is registered at Stanford, California, United States.
Is Buzz Solutions a funded company?
Buzz Solutions is a funded company, having raised a total of $9.5M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.2M, raised on Jul 24, 2020.
How many employees does Buzz Solutions have?
As of Dec 31, 2022, the latest employee count at Buzz Solutions is 7.
What does Buzz Solutions do?
Platform to process the data acquired by third-party drones. It offers solutions for automating the process of power line inspection using data collection from autonomous drones and a software platform with predictive analytics capabilities. The platform uses computer vision and deep learning techniques to find faults and breakdowns in power lines and insulators. Additionally, it enables the users to find out hot spots for timely maintenance on the power lines and raises alerts whenever it detects hot spots that require attention or maintenance. It monetizes through a subscription-based pricing model.
Who are the top competitors of Buzz Solutions?
Buzz Solutions's top competitors include PowerSecure, Gorilla and SparkMeter.
What products or services does Buzz Solutions offer?
Buzz Solutions offers PowerAI, PowerAI Basic, and PowerGUARD.
Who are Buzz Solutions's investors?
Buzz Solutions has 6 investors. Key investors include Vodia Capital, GoPoint Ventures, Blackhorn Ventures, MaC Venture Capital, and Ulu Ventures.
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