AiDash Raises $50M in Series C to Bolster Global Expansion of AI-Powered Infrastructure Sustainability Solutions.
AiDash has been providing innovative solutions to make infrastructure industries more climate-resilient.
Company Name: AiDash
Location: San Jose, CA
Sector: Enterprise SaaS for Infrastructure Sustainability
Funding Details: Raised $50M in Series C funding, bringing the total to $83M. The round was led by Lightrock, with participation from SE Ventures, G2 Venture Partners, Benhamou Global Ventures, National Grid Partners, Edison International, Shell Ventures, and other strategic investors.
Purpose of Investment: To increase headcount, establish a European HQ, and scale to meet growing international demand.
Leadership: CEO Abhishek Singh
Product: AiDash offers satellite and AI-powered SaaS solutions for infrastructure industries, focusing on climate resilience and sustainability. Key products include the Intelligent Vegetation Management System™ (IVMS™) for utilities, and the Intelligent Sustainability Management System™ (ISMS™) for compliance with biodiversity and environmental laws.
About Company: AiDash has been providing innovative solutions to make infrastructure industries more climate-resilient. Their suite of products is designed to assist electric, gas, water utilities, transportation, and construction sectors in optimizing operations and adhering to sustainability standards.
Global Reach:
- Gaining momentum in the U.S., UK, Europe, Canada, Australia, and New Zealand.
- Over 150 customers worldwide.
- Consistent doubling of annual recurring revenue (ARR) since 2019.