Olea
Olea is a saas company in Austin, United States, founded in 2014. It has raised $44.0M across 2 rounds, most recently a $35.0M Series C in October 2021.
Water Network Intelligence
- Headquarters
- Austin, Texas
- Employees
- 11–50
- Founded
- 2014
- Business Model
- B2B
- Website
- oleanetworks.com
- Total Funding
- $44.0M
- Last Round
- $35.0M Series COct 2021
- Rounds
- 2
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
Indexed holds 2 funding rounds and 3 investors for this company. The full record is or through the API.
About
Olea Edge Analytics delivers water network intelligence to municipal utilities through IoT-based pressure and meter monitoring. The company's PRV Monitoring platform uses purpose-built edge hardware to capture pressure transients at up to 256 readings per second at pressure reducing valve stations, surfacing anomalies and automated alarms for pressure events, cavitation, and seat wear. The complementary Meter Health Analytics (MHA) platform monitors large commercial and industrial meters to identify revenue-impacting failures. Together the platforms give utility operations teams unified visibility into network health, reducing main breaks, cutting truck rolls, and shrinking non-revenue water.
Summary
It lists 11–50 employees. It has raised $44.0M in total across 2 rounds, most recently a $35.0M Series C round in Oct 2021. Investors include Insight Partners, Renewal Funds and Mercury Fund.
Funding History
Oct 2021
Sign up to see all 2 events
Funding: Series B through Series C. Amounts, valuations, and investors where available.
Investors
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