What is Advanced Utility Services?
Advanced Utility Services (AUS) is a specialized provider in the Utility Metering Installation Industry, boasting a leadership team with over 55 years of collective experience. The company excels in AMR/AMI mass meter installations for water, gas, and electric utilities, offering a comprehensive turn-key solution that includes scope development, project management, installation, data transfers, and project financing. AUS emphasizes customer satisfaction through its advanced data collection teams, experienced project managers, and state-of-the-art technologies. As a product-neutral entity, AUS is adept at working with all meter manufacturers and can deploy its services rapidly and efficiently for projects of any scale. The company is a licensed contractor in multiple states and is actively expanding its operational territory.
How much funding has Advanced Utility Services raised?
Advanced Utility Services has raised a total of $729K across 2 funding rounds:
Debt
$350K
Debt
$379K
Debt (2020): $350K with participation from PPP
Debt (2021): $379K led by PPP
Key Investors in Advanced Utility Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Advanced Utility Services?
The recent major strategic investment signals a new phase of expansion and operational enhancement for Advanced Utility Services. This capital infusion is expected to fuel the company's growth trajectory, potentially enabling further market penetration, technological advancements in meter installation and data management, and the expansion of its licensed service areas. AUS's focus on providing a complete turn-key offering positions it to capitalize on the ongoing modernization of utility infrastructure, suggesting a strategic push towards solidifying its leadership in the industry.
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