# Wia Technologies

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

- Industry: Software
- Headquarters: Dublin, Ireland
- Website: www.wia.io
- Total disclosed funding: $1M
- Latest round: Seed (Aug 23, 2017)
- Investors on record: 3

## About

Wia Technologies Limited provides innovative energy monitoring solutions that enable businesses to optimize energy usage through real-time data. Their technology integrates seamlessly with existing systems, enhancing operational efficiency and sustainability.Founded in 2015 in Dublin, Ireland, Wia Technologies Limited specializes in energy monitoring solutions. The company has completed four deals, with the most recent on August 23, 2017. Wia raised EUR 810 thousand during its SEED funding round, led by Sure Valley Ventures with participation from Enterprise Ireland and NDRC. The company is founded by Conall Laverty, who aims to drive advancements in energy management.Wia specializes in innovative energy monitoring solutions that empower businesses to optimize their energy usage through real-time data analysis. Their core product offerings include adaptable hardware capable of integrating seamlessly with various existing energy meters and systems. This hardware is supported by robust wireless connectivity, allowing for reliable data transmission in diverse locations. Wia employs artificial intelligence to analyze energy data, transforming raw information into strategic insights that help enterprises reduce energy waste and enhance operational efficiency. Their solutions serve a wide range of industries, including commercial buildings and enterprises looking to align with environmental goals. The company's products are marketed primarily in North America, Europe, and Asia, catering to a global clientele seeking advanced energy management solutions.Wia's revenue model is structured around providing comprehensive energy monitoring packages that encompass hardware, software, and connectivity solutions. Clients engage in transactions typically through direct business-to-business agreements, receiving tailored services designed to meet specific energy management needs. Wia offers subscription-based services for ongoing analytics and support, ensuring clients have continuous access to crucial energy data post-deployment. While specific pricing details are not disclosed, the financial structure includes upfront costs for installation and hardware, followed by recurring fees for software services and data analytics, with a focus on achieving reductions in energy costs.In August 2017, Wia Technologies Limited raised EUR 810 thousand from investors including Enterprise Ireland, Sure Valley Ventures, and returning investor NDRC. The company plans to utilize this funding to further develop its energy monitoring products and expand into new geographic markets, particularly targeting additional regions in Europe and North America by 2020. Upcoming product enhancements are expected to advance their technology and broaden their customer base, aligning with the company’s strategic goals for growth.

## Funding rounds

- Seed, Aug 23, 2017, $1M — Enterprise Ireland, NDRC, Sure Valley Ventures

## Investors

- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Seed
- NDRC — Seed
- Sure Valley Ventures (https://capitalatlas.ai/funds/sure-valley-ventures) — Seed