eSmart Systems
Grid Vision® by eSmart Systems
Halden · Founded 2012 · $72.0M raised
- 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.
Tech & App Stack
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Funding History
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Oct 2024
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Series B through Series C — per-round amounts, valuations, and who invested in each round.
Investors
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