Data Phleet, a Highland, Utah-based startup that uses proprietary AI-driven automation to streamline complex electric grid compliance, has secured a $600,000 pre-seed investment.
Investors
The round was led by Startup Ignition Ventures, which expressed strong confidence in founder Ryan Larsen and his proven track record.
Startup Ignition Ventures is a pre-seed venture capital firm that invests in early-stage startups building vertical SaaS and workflow automation tools. The firm combines funding with hands-on mentorship through its founder bootcamp, helping startups achieve product-market fit and scalable growth.
Data Phleet Use of Funds
The company will utilize the funding to further develop its AI-powered automation platform, which enables utilities to meet evolving NERC (North American Electric Reliability Corporation) compliance standards.
About Data Phleet
Led by CEO Ryan Larsen, Data Phleet is a technology company specializing in AI-driven automation for NERC compliance in the energy sector. It uses proprietary automation to streamline complex electric grid compliance processes across both traditional (coal and gas) and renewable infrastructure. Founded in 2022, Data Phleet automates compliance tasks, generates audit-ready reports, and integrates seamlessly with legacy systems.
Funding Details
Company: Data Phleet, Inc.
Raised: $0.6M
Round: Pre-Seed
Funding Date: July 2025
Lead Investor: Startup Ignition Ventures
Additional Investors:
Company Website: https://dataphleet.com
Software Category: AI B2B Compliance/ Utility SaaS
Source: https://www.techbuzznews.com/data-phleet-secures-600k-from-siv/