# Ndustrial.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ndustrial-io

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.ndustrial.io/
- Total disclosed funding: $25M
- Latest round: Series B (May 14, 2024)
- Investors on record: 7

## About

Based in North Carolina, US, and founded in 2011, ndustrial.io, Inc. is an energy management platform that offers analytical engines to help businesses control production, improve energy efficiency, and eliminate waste. In May 2024, ndustrial.io, Inc. raised USD 18.5 million in series B funding co-led by ABB and GS Energy, with participation from Clean Energy Ventures and ENGIE New Ventures. In January 9, 2025, ndustrial.io, Inc. raised an undisclosed amount of venture funding from Southwire Company, LLC.

The firm’s core products include the Nsight™ platform, which integrates and visualizes energy performance data from multiple sources to identify and reduce waste, and the Contxt™ data management engine, which delivers real-time data for analysis and application across various systems. The firm’s services include data integration with legacy and new systems, software development for optimization, edge integrations for new assets, and energy audits and certifications. 

The company will use the funding to expand the adoption of its energy intensity platform globally, integrate it into Southwire's manufacturing facilities, and electrify diesel-fueled chillers through its electric transport refrigeration unit power infrastructure.

## Funding rounds

- Series B, May 14, 2024, $19M — ENGIE New Ventures, Clean Energy Ventures, ABB, GS Energy
- Series A, May 5, 2021, $6M — Clean Energy Venture Group, Orion Energy Systems Inc., ENGIE New Ventures, Clean Energy Ventures, Lineage Logistics

## Investors

- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Series A
- Orion Energy Systems Inc. — Series A
- ENGIE New Ventures (https://capitalatlas.ai/funds/engie-new-ventures) — Series A, Series B
- Clean Energy Ventures (https://capitalatlas.ai/funds/clean-energy-ventures) — Series A, Series B
- Lineage Logistics — Series A
- ABB — Series B
- GS Energy — Series B