Fundz

Utilidata Partners with Renown Capital Partners and Others to Secure $60.3 Million in Series C Funding

Apr 30, 2025

Contract Type

partnership

ProvidenceInformation TechnologyEnergySoftware

Description

Providence-based Utilidata has secured $60.3 million in Series C funding, with Renown Capital Partners leading the round. The funding will enable Utilidata to rapidly scale their distributed AI platform, Karman, developed in collaboration with NVIDIA, to bring artificial intelligence to the edge of the energy grid.

Company Information

Company

Utilidata

Location

225 DYER STREET

Providence, Rhode Island, United States

About

Utilidata is a leading energy technology company that is digitizing the grid edge to unleash the full potential of clean energy. The company's patented real-time machine learning software leverages data from every point on the distribution grid to enhance visibility, optimize operations, detect anomalies, and integrate distributed energy resources.

Related People

Josh
Senior decision-maker at this company
••••••••@••••••••

See Josh's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Utilidata's next move

Learn about Strategic plan

Agreement Insights

What this usually means
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies

Utilidata signed a new agreement. Fundz surfaces partnerships and contracts as they are announced.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.