Smart Wires
Latest round
- Series D
Last raised
- May 2018
Total raised
- $103M
Investors
- 4
About Smart Wires
Smart Wires Inc.Founded in 2010 and headquartered in Durham, US, Smart Wires Inc. focuses on optimizing electric utility networks through innovative technology.P.Smart Wires Inc. specializes in advanced grid-enhancing technologies that optimize the operational efficiency and capacity of electric utility networks. Its core offerings include the SmartValve™, an Advanced Power Flow Control solution, and SUMO, a Dynamic Line Rating technology. These products provide electric utilities with enhanced grid flexibility, reliability, and affordability, responding to rising energy demand.Smart Wires Inc. generates revenue through partnerships and collaborations with electric utilities, primarily in a B2B model. Revenue is derived from the deployment and implementation of flagship products like the SmartValve™ and SUMO, structured around upfront installation fees and ongoing service agreements.Smart Wires Inc.00 mn, will support the development of upcoming products. Additionally, the company is targeting expansion into new markets, with plans to enhance its global footprint in regions such as Asia-Pacific and the Middle East by 2025. These initiatives aim to address the increasing demand for efficient energy solutions worldwide.
Who invested in Smart Wires
4 investors across 4 rounds
See all investors in Smart Wires
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Smart Wires
Who invested in Smart Wires?
Smart Wires has 4 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Smart Wires raised?
Smart Wires has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Smart Wires last raise money?
Smart Wires's most recent round on record is a Series D, in May 2018.
What does Smart Wires do?
Smart Wires is a power & utilities company.
Where is Smart Wires headquartered?
Smart Wires is headquartered in Durham, US.
Which VCs invest in companies like Smart Wires?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at Smart Wires's stage. Their profiles are linked below.
VCs backing power & utilities startups at Series D
Raising like Smart Wires? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.