Urbint

Overview
News
Construction Tech?
Product stageSegments
Early
?
Data Capture and Analytics
?

Urbint is an AI platform that predicts and prevents threats to critical infrastructure and workers. The company's software leverages real-world data and artificial intelligence to provide a clear picture of risk up to a week in advance, enabling decision-makers to take preventative action. Urbint's technology helps energy and infrastructure companies reduce operational risk, enhance worker safety, and protect assets, communities, and the environment. The platform assesses the probability and magnitude of operations and maintenance-related risks, allowing customers to make risk-based decisions across core operational programs. Urbint's solutions have demonstrated significant impact, with utility customers reportedly reducing annual damage costs by 40%. As of 2021, the company had prevented methane emissions equivalent to more than 80,000 metric tons of carbon dioxide from leaking into the atmosphere by preventing third-party excavation damages to underground assets and identifying leaky or corroded pipes. In November 2022, Urbint acquired iRestore, a no-code mobile workforce management platform serving energy utilities, to integrate AI into field operations seamlessly. This acquisition aimed to increase the adoption and effectiveness of AI for operational risk reduction. In June 2024, Urbint further expanded its utility risk offering by acquiring WRM Software, a utility incident management and storm response company, to enhance its capabilities in storm response and power restoration during major weather events.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
636 Broadway #1102 New York NY USA
Founded year:
2015
Employees:
101-250
IPO status:
Private
Total funding:
USD 109.0 mn
Last Funding:
USD 60.0 mn (Series C; Aug 2021)
Last valuation:
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Company profile
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