AiDash
Overview
AiDash is a U.S.-based enterprise SaaS company that provides climate-resilient and sustainable solutions for critical infrastructure industries through the use of satellite technology and artificial intelligence (AI). Founded in January 2019 by Abhishek Vinod Singh, AiDash is headquartered in California, USA. Since its inception, the company has been focused on making infrastructure industries like electricity, gas, and water networks more sustainable. AiDash has successfully raised over $91.5 million through multiple funding rounds, with backing from leading investors such as Lightrock, Marubeni Corporation, and other key venture partners.
Recent Developments
- October 2024: AiDash successfully launched its Full Stack Platform for Grid Inspection and Monitoring at the Evolve 2024 conference in New Orleans. This platform aims to improve utilities’ climate resilience and readiness for energy transition by offering innovative solutions for grid inspection and monitoring using satellite and AI technologies.
- October 2024: AiDash expanded its leadership with new appointments across India and globally, strengthening its position in tackling sustainability challenges through satellite and AI technologies.
- August 2024: AiDash opened its new global headquarters in Palo Alto, California, aiming to drive innovation in climate tech by fostering collaboration within Silicon Valley’s tech ecosystem.
- July 2024: The company inaugurated its AI Centre of Excellence in Bengaluru, India, enhancing its innovation and research capabilities in artificial intelligence, remote sensing, and geospatial analytics.
- April 2024: AiDash closed an oversubscribed Series C funding round, raising $58.5 million. The funding round brought in new investors like Duke Energy and aligned with its vision of global expansion.
- February 2024: AiDash announced its headlining role in organizing the Evolve 2024 conference, an event to explore the role of satellite and AI technologies in fostering sustainable solutions amidst climate change.
Company Information
| Attribute | Information |
|---|---|
| Founding Date | January 2019 |
| Headquarters | California, USA |
| Founders | Abhishek Vinod Singh |
| Revenue | Not publicly disclosed |
| Profits | Not publicly disclosed |
| Key Investors | Lightrock, Marubeni Corporation, SE Ventures, G2 Venture Partners, Shell Ventures |
| Industry | SaaS, ClimateTech |
| Number of Employees | Over 300 employees in US and India |
Early History
AiDash was founded in January 2019 by Abhishek Vinod Singh with the aim of revolutionizing infrastructure maintenance using satellite technology and AI. The company quickly gained momentum by addressing the pressing need for more sustainable and resilient infrastructure amidst growing climate challenges. The initial focus was on developing satellite-powered solutions that could optimize operations for utilities and infrastructure with sprawling geographical assets. AiDash successfully attracted several notable investors and partners early on, which enabled accelerated growth and technological development.
Company Profile and Achievements
AiDash offers an array of full-stack SaaS solutions to enhance the resilience and sustainability of critical infrastructure industries. Its flagship products include:
- Intelligent Vegetation Management System (IVMS): This system helps utilities manage vegetation risks that may affect power reliability and efficiency.
- Climate Risk Intelligence System (CRIS): A proactive system ensuring preparedness against climate threats such as wildfires and storms.
- Full Stack Platform for Grid Inspection and Monitoring: Launched at the Evolve 2024 conference, it integrates data sources to empower utilities for effective grid monitoring and maintenance.
- AI Centre of Excellence in Bengaluru: Focuses on innovation in AI, remote sensing, and geospatial analytics. AiDash has been recognized for its positive impact on sustainability and infrastructure management. The company was named one of TIME Magazine’s Top GreenTech Companies in 2024 for its innovative contributions to climate technology and infrastructure sustainability.
Current Operations and Market Position
AiDash maintains a robust market presence by making substantial contributions to infrastructure sustainability and resilience through its advanced technology suite. With over 150 customers worldwide, AiDash's operations span across the U.S. and UK with significant expansion plans in Europe, Canada, Australia, and New Zealand. Its unique approach of integrating satellite imagery with AI positions AiDash as a leader in transforming infrastructure maintenance. The company's Series C funding of $58.5 million is set to fuel further innovations and expansions.
Conclusion
AiDash stands out in the ClimateTech industry as a key innovator driving sustainability and resilience in infrastructure maintenance. By leveraging the power of satellite and AI technology, the company enables utilities to reduce costs and increase grid reliability in the face of climate change. Founded by Abhishek Vinod Singh, AiDash continues its trajectory of growth with strategic global expansions and technological advancements. As it looks forward to new horizons, AiDash remains committed to playing a critical role in the sustainable management of globally distributed infrastructure.