# Asseti Operations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/asseti-operations-pty

- Industry: Software
- Headquarters: Artarmon, Australia
- Website: www.asseti.co
- Total disclosed funding: $1.6M
- Latest round: Seed (May 16, 2024)
- Investors on record: 1

## About

Founded in 2021 by Aonghus Stevens, and based in New South Wales, Australia, Asseti Operations Pty Ltd operates as a provider of artificial intelligence-based software that creates digital industrial asset replicas. In May 2024, Tidal Ventures led AUD 25 million in seed funding for Asseti Operations Pty Ltd.

Asseti offers an AI-powered asset management platform that uses high-resolution aerial imagery and 3D models captured by licensed drone operators to digitize asset inspections. The platform conducts AI-powered condition assessments to identify potential issues and generate repair estimates. The platform enables users to manage work orders, track maintenance, and collaborate with contractors through a customizable dashboard. Asseti also integrates with existing asset management systems, providing data-driven insights for strategic decision-making and asset maintenance.

The company intends to use the May 2024 funding to support platform expansion.

## Funding rounds

- Seed, May 16, 2024, $1.6M — Tidal Ventures

## Investors

- Tidal Ventures (https://capitalatlas.ai/funds/tidal-ventures) — Seed