HData Raises $10M Series A to Enhance AI-Driven Data Management for the Energy Sector.
HData is revolutionizing how the energy industry interacts with regulatory data.
Company Name: HData
Location: Birmingham, AL
Sector: Energy Industry Data Management
Funding Details: Raised $10M in Series A funding from Buoyant Ventures, with participation from Victorum Capital, Hyde Park Venture Partners, and Firebrand Ventures.
Purpose of Investment: The funding will be used to accelerate the expansion of HData's platform, introducing enhanced capabilities designed for professionals in the energy sector.
Leadership: HData is spearheaded by CEO Hudson Hollister, who brings a vision for transforming the management and analysis of regulatory data in the energy industry.
Product: HData offers a cutting-edge platform that utilizes AI and automation to streamline the filing, exploration, analysis, and utilization of regulatory data within the U.S. energy industry. By converting vast amounts of complex filings and dockets into accessible intelligence, HData empowers energy professionals to make informed decisions efficiently. The platform’s Regulatory AI enables users to access a secure data library, including their own private documents, to answer critical business questions.
About Company: HData is revolutionizing how the energy industry interacts with regulatory data. Leveraging advanced AI and analytics, the company transforms cumbersome and error-prone data management processes into streamlined operations that yield actionable insights. With a client base that includes over 30 regulated energy firms along with consultants and regulators, HData is paving the way for a more informed and efficient energy sector.