How much funding has Olea raised?

Olea has raised $44.0M in total funding, most recently a Series C round.

Who are Olea's investors?

Olea's investors include Insight Partners, Renewal Funds.

Where is Olea headquartered?

Olea is headquartered in Austin, Texas, United States.

Olea

Water Network Intelligence

Austin, United States · $44.0M raised

SaaS

Headquarters: Austin, Texas
Business Model: B2B
Website: oleanetworks.com

Total Funding: $44.0M
Last Round: $35.0M Series COct 2021
Rounds: 2

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

Olea is a SaaS company based in Austin, United States. 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 and Renewal Funds.