# Voda.ai

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.voda.ai
- Latest round: Series A (Jun 10, 2025)
- Investors on record: 4

## About

Voda Inc. is a Boston-based company specializing in AI-driven asset management solutions for water and wastewater utilities. They enhance operational efficiency and decision-making through innovative risk modeling and predictive analytics. Founded in 2017 in Boston, US, Voda Inc. develops technology solutions for the water sector. The company was established by Jim Fitchett, and its current CEO is George Demosthenous. In June 2025, Voda Inc. raised an undisclosed amount of series A funding led by new investor CRH Ventures, with participation from another new investor L-Stone Capital. VODA.ai specializes in providing artificial intelligence-powered asset management solutions tailored for utilities in the water and wastewater sectors. Their primary offerings include advanced risk modeling, leak monitoring, condition assessment, and capital planning tools, designed to enhance operational efficiency and decision-making for utility companies. These products leverage AI to analyze data, predict infrastructure needs, and prioritize maintenance efforts, addressing critical issues such as infrastructure leaks and deterioration. VODA.ai serves municipal water utilities, private water companies, and regional utility authorities across North America and parts of Europe.VODA.ai's revenue structure is primarily based on subscription models and partnership agreements with utility companies, allowing clients to engage with their suite of software solutions for asset management and predictive analytics. The transactions typically involve annual or multi-year contracts, ensuring continuous updates and support. Specific pricing plans are established based on the scale of the utility's operations and infrastructure complexities, with flagship products like risk modeling and leak monitoring driving value through optimized resource allocation and reduced operational costs.In September 2023, Voda.ai raised an undisclosed amount of venture funding from Ferguson Ventures, which will be utilized to support its continuous growth and infrastructure needs. The company is focused on designing new products aimed at further enhancing their asset management capabilities. The company will use the June 2025 funding for further development of its smart water management solutions.

## Funding rounds

- Series A, Jun 10, 2025 — L-Stone Capital, CRH Ventures
- Seed, Feb 26, 2020 — Massachusetts Clean Energy Center, Innospark Ventures

## Investors

- Massachusetts Clean Energy Center (https://capitalatlas.ai/funds/massachusetts-clean-energy-center) — Seed
- Innospark Ventures (https://capitalatlas.ai/funds/innospark-ventures) — Seed
- L-Stone Capital — Series A
- CRH Ventures (https://capitalatlas.ai/funds/crh-ventures) — Series A