eSmart Systems

Grid Vision® by eSmart Systems

eSmart Systems was founded in 2012, is headquartered in Halden, lists 51–200 employees, and has $72.0M in recorded funding across 2 rounds.

Headquarters
Halden
Employees
51–200
Founded
2012
Business Model
B2B
Total Funding
$72.0M
Last Round
$32.0M Series COct 2024
Rounds
2

Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.

Indexed holds 2 funding rounds and 7 investors for this company. The full record is or through the API.

About

Founded in 2012 in Halden, Norway, eSmart Systems provides AI-driven inspection management and asset information management software for power utilities. Its flagship Grid Vision portfolio enables utilities to conduct data-driven, condition-based inspections of overhead powerlines and substations, improving asset data quality while reducing costs. Customers include Statnett, Naturgy, Xcel Energy, and E.ON. In 2024, the company raised EUR 30M led by TiLT Capital Partners.

Summary

eSmart Systems is an Artificial Intelligence company based in Halden, founded in 2012. It lists 51–200 employees. It has raised $72.0M in total across 2 rounds, most recently a $32.0M Series C round in Oct 2024. Investors include Equinor Ventures, TiLT Capital Partners and Arosa Capital Management.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Series CSeries COct 2024
$32.0M

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Funding: Series B through Series C. Amounts, valuations, and investors where available.

Investors

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