Urbint, a cloud-based AI platform for predicting and stopping threats to vital infrastructure and workers, has raised $60 Million in a Series C funding round led by Energize Ventures, bringing its total funding to $109 million.
American Electric Power, OGCI Climate Investments, and existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures also participated in the round.
It intends to expand its AI software with new solutions to meet expanding demand and scale its technology to defend key energy and infrastructure from incidents.
Company: Urbint
Raised: $60.0M
Round: Series C
Funding Month: August 2021
Lead Investors: Energize Ventures
Additional Investors: American Electric Power, OGCI Climate Investments, and existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures
Company Website: https://www.urbint.com/
Software Category: a cloud-based AI platform for predicting and stopping threats
About the Company: Urbint, led by Founder and CEO Corey Capasso, delivers a software platform that predicts dangers to workers and key infrastructure to prevent crises from occurring. The software uses real-world data and artificial intelligence to provide a clear picture of danger up to a week ahead of time, allowing decision-makers to act in the right place, at the right time, before an incident occurs. Urbint is used by many of North America's top energy and infrastructure firms to secure their employees, assets, and the communities they serve.
Source: https://www.finsmes.com/2021/08/urbint-raises-60m-in-series-c-funding.html
https://saasindustry.com/news/urbint-raises-60m-in-series-c-funding-from-energize-ventures/