What is Utilis?
Founded in 2013 and headquartered in Israel, Utilis operates at the intersection of geospatial intelligence and infrastructure management. The company specializes in leveraging synthetic aperture radar (SAR) data captured from satellites to provide actionable, data-driven insights for water utilities and public sector agencies. By transforming complex orbital imagery into large-scale decision support tools, Utilis addresses critical challenges in infrastructure maintenance and resource management. Their technology allows for the proactive identification of leaks and structural vulnerabilities, effectively reducing non-revenue water loss and optimizing operational efficiency for municipal and industrial clients worldwide. As a leader in the infrastructure analytics space, Utilis maintains a competitive edge through its sophisticated algorithmic approach to remote sensing.
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. Their long-term perspective and entrepreneurial ethos enable them to guide businesses through various economic cycles and industry shifts.
What's next for Utilis?
With the recent infusion of capital, Utilis is well-positioned to accelerate its enterprise-level growth strategy. The company is expected to focus on deepening its penetration into international markets while refining its SAR-based product suite to meet the evolving demands of the global infrastructure industry. Strategic priorities likely include the expansion of its data processing infrastructure and the cultivation of new partnerships with government agencies seeking to modernize their utility management frameworks. By leveraging this latest round of financing, Utilis aims to transition from a specialized analytics provider to an essential component of the global smart-city and infrastructure resilience ecosystem, ensuring long-term sustainability and operational excellence for its diverse client base.
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