About Utilidata
Utilidata is a company based in Providence (United States) founded in 1983.. Utilidata has raised $145.82 million across 8 funding rounds from investors including Microsoft, Nvidia and Quanta Services. The company has 49 employees as of December 31, 2022. Utilidata offers products and services including Karman Platform, AI Meters, and GPU-Based Module. Utilidata operates in a competitive market with competitors including Landis+Gyr, Tantalus, Trilliant, Volue and Esyasoft, among others.
- Headquarter Providence, United States
- Employees 49 as on 31 Dec, 2022
-
Sectors
Energy & Utilities
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Utilidata, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$145.82 M (USD)
in 8 rounds
-
Latest Funding Round
$60.32 M (USD), Series C
Apr 16, 2025
-
Investors
Microsoft
& 11 more
-
Employee Count
49
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Utilidata
Utilidata offers a comprehensive portfolio of products and services, including Karman Platform, AI Meters, and GPU-Based Module. 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.
Platform that embeds AI in devices for local data processing and grid decisions.
Hardware integrating AI for real-time energy grid management and monitoring.
Module for AI processing in electric systems and beyond for waveform data.
Unlock access to complete
Funding Insights of Utilidata
Utilidata has successfully raised a total of $145.82M across 8 strategic funding rounds. The most recent funding activity was a Series C round of $60.32 million completed in April 2025. 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 8
- Last Round Series C — $60.3M
-
First Round
First Round
(07 Feb 2012)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2025 | Amount | Series C - Utilidata | Valuation | unknown | |
| Jan, 2024 | Amount | Series C - Utilidata | Valuation |
investors |
|
| Dec, 2021 | Amount | Series B - Utilidata | Valuation | Moore Strategic Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Utilidata
Utilidata has secured backing from 12 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, Nvidia and Quanta Services. 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 |
|---|---|---|---|---|
|
Investments are made in US expansion-stage energy and tech companies.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
VC Firm investing in the US
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Utilidata
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Utilidata
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Utilidata Comparisons
Competitors of Utilidata
Utilidata 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 Landis+Gyr, Tantalus, Trilliant, Volue and Esyasoft, 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 |
End-to-end energy management solutions are provided for utilities worldwide.
|
|
| domain | founded_year | HQ Location |
Smart grid communication solutions are provided for utilities by Tantalus.
|
|
| domain | founded_year | HQ Location |
Provider of communication systems and software platforms for smart grid applications
|
|
| domain | founded_year | HQ Location |
Solutions for portfolio and project management are provided.
|
|
| domain | founded_year | HQ Location |
AI-powered solutions for energy grid modernization are provided.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Utilidata
Frequently Asked Questions about Utilidata
When was Utilidata founded?
Utilidata was founded in 1983 and raised its 1st funding round 29 years after it was founded.
Where is Utilidata located?
Utilidata is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Is Utilidata a funded company?
Utilidata is a funded company, having raised a total of $145.82M across 8 funding rounds to date. The company's 1st funding round was a Series B of $26.75M, raised on Feb 07, 2012.
How many employees does Utilidata have?
As of Dec 31, 2022, the latest employee count at Utilidata is 49.
What does Utilidata do?
Utilidata was founded in 1983 in Providence, United States, operating within the energy sector. Solutions for utility distribution grid controlling, connecting, and automating are developed, alongside digital signal processing, statistical analysis, and cyber security features. A signal intelligence engine is utilized, as well as an electric grid intelligence and control solution, and a voltage optimization solution, to support grid management across the United States.
Who are the top competitors of Utilidata?
Utilidata's top competitors include Landis+Gyr, Tantalus and Esyasoft.
What products or services does Utilidata offer?
Utilidata offers Karman Platform, AI Meters, and GPU-Based Module.
Who are Utilidata's investors?
Utilidata has 12 investors. Key investors include Microsoft, Nvidia, Quanta Services, American Electric Power, and Renown Capital.