About Utility
Utility is a company based in Decatur (United States) founded in 2000 was acquired by Greater Sum Ventures in November 2023. It operates as a SaaS (Software-as-a-Service) and Managed Services. Utility has raised $58.6 million across 5 funding rounds from investors including Southern Company, Trinity Cap and Braemar Energy Ventures. Utility offers products and services including Bodyworn Cameras, Digital Evidence Management, In-Car Video, and ALPR Cameras. Utility operates in a competitive market with competitors including Yoobic, Workiz, WorkWave, Sitemate and Dispatch, among others.
- Headquarter Decatur, United States
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Sectors
Technology
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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 Utility Associates, 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
$58.6 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Southern Company
& 10 more
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Employee Count
Employee Count
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Acquired by
Greater Sum Ventures
(Nov 13, 2023)
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Products & Services of Utility
Utility offers a comprehensive portfolio of products and services, including Bodyworn Cameras, Digital Evidence Management, In-Car Video, and ALPR Cameras.
Bodyworn cameras are provided for officer safety oversight.
Digital evidence is managed securely from incident to courtroom.
In-car video systems are offered for incident recording purposes.
ALPR cameras are utilized for license plate recognition tasks.
People of Utility
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Funding Insights of Utility
Utility has successfully raised a total of $58.6M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(24 Apr 2000)
- Investors Count 9
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2017 | Amount | Series C - Utility | Valuation |
investors |
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| May, 2017 | Amount | Series C - Utility | Valuation |
investors |
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| Jun, 2016 | Amount | Debt – Venture - Utility | Valuation |
investors |
Investors in Utility
Utility has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Southern Company, Trinity Cap and Braemar Energy Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Investments are made in US expansion-stage energy and tech companies.
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Founded Year | Domain | Location | |
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Venture debt and equipment financing are provided to growth-stage companies.
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Founded Year | Domain | Location | |
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Startups in diverse technology sectors are incubated by Idealab.
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Founded Year | Domain | Location |
Investments & Acquisitions by Utility
Financial Statements - Utility
Utility Comparisons
Competitors of Utility
Utility 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 Yoobic, Workiz, WorkWave, Sitemate and Dispatch, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Frontline employee experience platform for managing operational tasks
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Software for field services management and scheduling is provided.
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| domain | founded_year | HQ Location |
Cloud Based software solutions for Field Service and Fleet Management for Pest Control, Cleaning, Lawn and HVAC
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| domain | founded_year | HQ Location |
No-code field service management platform is provided for multiple sectors.
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| domain | founded_year | HQ Location |
Field service management software and APIs are offered for businesses.
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| domain | founded_year | HQ Location |
Cloud-based field workforce management software is provided.
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Frequently Asked Questions about Utility
Utility was founded in 2000.
Utility is headquartered in Decatur, United States.
Michael Nark is the current CEO of Utility.
Utility is a funded company, having raised a total of $58.6M across 5 funding rounds to date.
Utility is focused on delivering mission-critical technology for public safety, justice, and security professionals. Solutions are developed to enhance outcomes in the field, at command, and in courtrooms. Products such as body-worn cameras, digital evidence management systems, and real-time incident response tools are offered. Sectors served include law enforcement, corrections, emergency response, federal agencies, and campus security. Emphasis is placed on transparency, accountability, and readiness through scalable integrations and secure platforms.
Utility offers Bodyworn Cameras, Digital Evidence Management, In-Car Video, and ALPR Cameras.
Utility has 11 investors. Key investors include Southern Company, Trinity Cap, Braemar Energy Ventures, IdeaLab, and Kinetic Ventures.