What is Exacter?
Exacter Inc. specializes in improving grid performance through cutting-edge technology designed for wildfire mitigation and electrical transmission surveys. The company deploys lightweight sensors, mountable on helicopters, to facilitate rapid data collection and analysis for utility companies. This enables them to enhance transmission system health and pinpoint potential wildfire hazards. Exacter provides distinctive solutions for transmission, distribution, and substation monitoring, leveraging patented technology and sophisticated analytics. Their client base spans the United States, Mexico, Canada, and international markets, with a strategic focus on utilities and asset management strategies.
How much funding has Exacter raised?
Exacter has raised a total of $348K across 2 funding rounds:
Debt
$150K
Debt
$198K
Debt (2020): $150K with participation from PPP
Debt (2021): $198K led by PPP
Key Investors in Exacter
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Exacter?
With a substantial infusion of capital, Exacter is poised for accelerated growth and market expansion. The large-scale, late-stage funding indicates a transition into a scaling phase, likely enabling the company to broaden its operational reach, enhance its technological offerings, and solidify its market leadership in grid modernization and wildfire prevention. This strategic investment will empower Exacter to further develop its patented sensor technology and analytics platforms, addressing critical infrastructure needs for utilities globally.
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