About Vertikal AI
Vertikal AI is an Energy & Utilities company based in Vejle (Denmark) founded in 2018 by Allan M Larsen and Martin Bach Andersen, and was acquired by SkySpecs in May 2021. AI-based turbine monitoring solutions are provided for asset assessment. The company has 14 employees. Its chief executive, as recorded, is Allan M Larsen. The company was acqui-hired. Its focus areas include Energy Tech, Renewable Energy Tech, Wind Energy and Wind Farm IT. Its legal entity is SKYSPECS APS.
Company details
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.
- Headquarters Vejle, Denmark
- Employees 14
- Founders Allan M Larsen, Martin Bach Andersen
- Stage Acquired
- SectorsEnergy & Utilities
- Email••••••••
- Phone•••• ••••
- Website vertikal-ai.com
- Social LinkedIn
- Acquired by SkySpecs (May 2021)
- Legal Name Skyspecs Aps
Funding Insights of Vertikal AI
- Total Rounds 3
- Last Round Grant — $137,399
- First Round $54,672
(Oct 2019)
- Investors Count 2
All 3 funding rounds of Vertikal AI with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2020 | $137,399 | Grant | – | – | |
| Jan 2020 | Grant | – | – | ||
| Oct 2019 | $54,672 | Grant | – | – |
3 investors in total: 3 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Government agency and accelerator focusing on innovative startups and SMEs | eicfund.eu | Brussels, Belgium | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
UAV solutions for inspecting hard-to-reach structures are provided. | 2012 | skyspecs.com | Ann Arbor, United States |
Investor details for Vertikal AI
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People of Vertikal AI
2 people are tracked at Vertikal AI (2 in leadership); the tracked headcount is 14.
| Name | Role | Group |
|---|---|---|
Allan M Larsen | Co-Founder & CEO | Leadership |
Martin Bach Andersen | Co-Founder & CTO | Leadership |
Complete people profiles for Vertikal AI
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Timeline of Vertikal AI
4 dated milestones of Vertikal AI across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Vertikal AI is founded.
- Funding First funding round of $55K.
- Funding Latest funding round, Grant, of $137K.
- Exit Acquired by SkySpecs.
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Frequently Asked Questions about Vertikal AI
Vertikal AI was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Vertikal AI is headquartered in Vejle, Denmark.
Allan M Larsen is the CEO of Vertikal AI, as recorded in our data. They have also founded this company.
Vertikal AI has 14 employees.
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.
Vertikal AI has 3 investors. Key investors include SkySpecs, European Union, and EIC Fund.
Vertikal AI operates through Skyspecs Aps.
Yes. Vertikal AI was acquired by SkySpecs in May 2021.