Utilidata
NVIDIA-backed AI platform for dynamic power orchestration in data centers and the grid
Providence, United States · Founded 2012 · $264.6M raised
- Headquarters
- Providence, Michigan
- Employees
- 51–200
- Founded
- 2012
- Business Model
- B2B
- Website
- utilidata.com
- Total Funding
- $264.6M
- Last Round
- $40.0M Extension RoundMay 2026
- Rounds
- 6
About
Utilidata develops Karman, a dynamic power orchestration platform that combines high-resolution metrology, local processing, and AI to unlock stranded capacity across electric grids and data centers. Its custom NVIDIA GPU is embedded directly into power infrastructure, where microsecond-resolution measurement and millisecond-level controls optimize energy flow. The platform gives grid operators real-time visibility into distributed energy resources while helping data centers bring capacity online faster and use provisioned power more effectively.
Summary
Utilidata is an Artificial Intelligence company based in Providence, United States, founded in 2012. It has raised $264.6M in total across 6 rounds, most recently a $40.0M Extension Round round in May 2026. Investors include Renown Capital Partners, Keyframe Capital Partners and Nvidia.
Tech & App Stack
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Funding History
May 2026
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Series A through Extension Round — per-round amounts, valuations, and who invested in each round.
Investors
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