How much funding has eSmart Systems raised?

eSmart Systems has raised $72.0M in total funding, most recently a Series C round.

Who are eSmart Systems's investors?

eSmart Systems's investors include Equinor Ventures, TiLT Capital Partners, Arosa Capital Management, Energy Impact Partners, Nysnø Climate Investments, Future Energy Ventures.

When was eSmart Systems founded?

eSmart Systems was founded in 2012.

Where is eSmart Systems headquartered?

eSmart Systems is headquartered in Halden.

What industry is eSmart Systems in?

eSmart Systems operates in Artificial Intelligence, Energy, Infrastructure, SaaS.

How many employees does eSmart Systems have?

eSmart Systems has 51-200 employees.

eSmart Systems

Halden · Founded 2012 · $72.0M raised

Artificial Intelligence

Energy

Infrastructure

SaaS

Headquarters: Halden
Employees: 51–200
Founded: 2012
Business Model: B2B

Website: esmartsystems.com
Total Funding: $72.0M
Last Round: $32.0M Series COct 2024
Rounds: 2

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 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.