Urbint Raises $60M in Series C Funding

urbint
Urbint

Urbint, a NYC-based AI platform for predicting and stopping threats to critical infrastructure and workers, raised $60m in Series C funding.

The round, which brings total funding to $109m, was led by Energize Ventures, with participation from American Electric Power, OGCI Climate Investments, and existing investors Energy Impact Partners, National Grid Partners, Blue Bear Capital, and Salesforce Ventures.

The company intends to use the funds to scale its technology and introduce new solutions to meet demand for its incident prevention software.

Led by Corey Capasso, Founder and CEO, Urbint provides a software platform that predicts threats to workers and critical infrastructure to stop incidents before they happen. Leveraging real-world data and artificial intelligence, the software delivers a clear picture of risk up to a week in advance, and enables decision makers to take action in the right place, at the right time, before an incident occurs. Many of the largest energy and infrastructure companies in North America use Urbint to protect their workers, assets, and the communities they serve. Customers include National Grid, Southern Company, and many other top energy and infrastructure companies.

FinSMEs

24/08/2021