Vertikal AI

Vejle, Denmark Founded: 2018 • Age: 8 yrs Acquired By SkySpecs
AI-based turbine monitoring solutions are provided for asset assessment.
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About Vertikal AI

Vertikal AI is a company based in Vejle (Denmark) founded in 2018 by Allan M Larsen and Martin Bach Andersen was acquired by SkySpecs in May 2021.. The company has 14 employees as of November 30, 2024. Vertikal AI operates in a competitive market with competitors including Utopus Insights, POWERCON, LogiLube, 24SEA and Aeolis Wind, among others.

  • Headquarter Vejle, Denmark
  • Employees 14 as on 30 Nov, 2024
  • Founders Allan M Larsen, Martin Bach Andersen
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Skyspecs Aps
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $137.4 K (USD), Grant

    Oct 01, 2020

  • Investors
    SkySpecs

    & 2 more

  • Employee Count
    14

    as on Nov 30, 2024

  • Acquired by
    SkySpecs

    (May 17, 2021)

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Funding Insights of Vertikal AI

  • Total Funding
  • Total Rounds 3
  • Last Round Grant — $137,399
  • First Round

    (01 Oct 2019)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2020 Amount Grant - Vertikal AI Valuation

investors

Jan, 2020 Amount Grant - Vertikal AI Valuation

investors

Oct, 2019 Amount Grant - Vertikal AI Valuation

investors

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 Vertikal AI

Vertikal AI has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include SkySpecs, European Union and EIC Fund. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Government agency and accelerator focusing on innovative startups and SMEs
Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
UAV solutions for inspecting hard-to-reach structures are provided.
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 Vertikal AI

Investments
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 - Vertikal AI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Vertikal Ai Comparisons

Employees
+
Add Comparison
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Competitors of Vertikal AI

Vertikal AI 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 Utopus Insights, POWERCON, LogiLube, 24SEA and Aeolis Wind, 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
Software for wind power project analysis and monitoring is offered.
domain founded_year HQ Location
A software platform for monitoring and operating IPPs in the wind energy sector.
domain founded_year HQ Location
IoT sensors based asset condition monitoring for oil & gas
domain founded_year HQ Location
Offshore monitoring and engineering services are provided for turbine structures.
domain founded_year HQ Location
Aeolis Wind Power Corporation develops and optimizes wind farm sites in northeastern British Columbia regions.
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 Vertikal Ai

SkySpecs Inc’s Acquisition of Vertikal AI
Globallegalchronicle4 years ago
SkySpecs acquires wind energy companies in Europe
Power-Technology4 years ago

Frequently Asked Questions about Vertikal AI

When was Vertikal AI founded?

Vertikal AI was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Vertikal AI located?

Vertikal AI is headquartered in Vejle, Denmark.

Who is the current CEO of Vertikal AI?

Allan M Larsen is the current CEO of Vertikal AI. They have also founded this company.

How many employees does Vertikal AI have?

As of Nov 30, 2024, the latest employee count at Vertikal AI is 14.

What does Vertikal AI do?

Vertikal AI was founded in 2018 and is based in Vejle, Denmark. AI-driven solutions for turbine monitoring in the energy sector are offered, including the Horizon CMS platform for asset inspections. Asset management and risk management services are also provided to support operational efficiency and decision-making in turbine maintenance.

Who are the top competitors of Vertikal AI?

Vertikal AI's top competitors include Utopus Insights, POWERCON and LogiLube.

Who are Vertikal AI's investors?

Vertikal AI has 3 investors. Key investors include SkySpecs, European Union, and EIC Fund.

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