What is Utilis?
Utilis is a technology firm established in 2013, headquartered in the Central District of Israel. The company specializes in providing data-driven solutions tailored for water utilities, government agencies, and the broader infrastructure industry. By leveraging synthetic aperture radar (SAR) data sourced from satellites, Utilis transforms this information into comprehensive decision support tools, enabling large-scale strategic planning and operational management.
How much funding has Utilis raised?
Utilis has raised a total of $6M across 1 funding round:
Private Equity
$6M
Private Equity (2021): $6M with participation from Beringea
Key Investors in Utilis
Beringea
Beringea is an international venture capital firm that invests in high-growth businesses in the US and UK, focusing on empowering entrepreneurs to build billion-dollar companies. With a diverse network and expertise across multiple sectors, they provide strategic support to their portfolio companies.
What's next for Utilis?
The recent major strategic investment signals a pivotal growth phase for Utilis, likely enabling the company to expand its technological capabilities and market reach. This enterprise-level funding suggests a focus on scaling operations, enhancing its SAR data analysis platforms, and potentially forging new partnerships within the infrastructure and utility sectors. The company is well-positioned to further solidify its role as a key provider of critical infrastructure intelligence.
See full Utilis company page
