What is Urbint?
Urbint operates at the intersection of artificial intelligence and industry science to proactively identify and mitigate safety risks within energy and infrastructure sectors. Its advanced platforms are designed to anticipate potential hazards, thereby reducing incidents and enhancing the protection of personnel, assets, and the environment. By providing critical risk insights directly at the point of work, Urbint empowers organizations to safeguard their operations and surrounding communities through a combination of sophisticated analytics and a steadfast commitment to safety and prevention.
How much funding has Urbint raised?
Urbint has raised a total of $130M across 4 funding rounds:
Series A
$15M
Series B
$20M
Series C
$60M
Private Equity
$35M
Series A (2017): $15M with participation from Salesforce Ventures and National Grid Partners
Series B (2020): $20M led by Piva, Energy Impact Partners LLC, National Grid Partners, and Salesforce Ventures
Series C (2021): $60M supported by American Electric Power, The Oil and Gas Climate Initiative, and Energize Ventures
Private Equity (2024): $35M featuring S2G Ventures
Key Investors in Urbint
American Electric Power
American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, nuclear, natural gas, renewable, hydro, solar, wind, and other energy sources; owns, operates, maintains, and invests in transmission infrastructure; and engages in the retail supply, and wholesale energy trading and marketing businesses.
The Oil and Gas Climate Initiative
OGCI Climate Investments is a $1B+ fund that invests in solutions to decarbonize sectors like oil and gas, industrials and commercial transport. The firm looks for outcomes that reduce methane and carbon dioxide emissions, and that can recycle or store carbon dioxide. Achieving significant impact requires global implementation, commercial frameworks and collaboration with innovators, investors and governments to fund and implement impactful solutions.
Energize Ventures
Energize Capital is an investor focused on climate solutions, aiming to scale sustainable innovations through partnerships with those shaping the future of energy. The firm specializes in investing in asset-light, technology-enabled companies that are pivotal in transitioning to a digitized and decarbonized energy system. Their portfolio supports companies advancing the new energy economy and emphasizes resilience against emerging cybersecurity threats. Energize Capital's recent initiatives include raising substantial funds to support innovative digital technologies within the energy sector.
What's next for Urbint?
With its latest major strategic investment, Urbint is poised to further accelerate its mission of preventing safety risks through advanced technology. This significant capital infusion, part of its overall enterprise-level funding, will likely fuel continued innovation in its AI-powered risk identification platforms. Expect Urbint to expand its market reach within the energy and infrastructure sectors, enhancing its capabilities to deliver predictive safety insights and solidify its position as a leader in industrial safety technology. The company's trajectory suggests a focus on scaling its operations and deepening its impact on reducing workplace incidents and environmental hazards.
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