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Overstory Tech

Series B

Overstory develops an AI-powered vegetation management platform that helps electric utility companies monitor and manage vegetation along their power line networks to prevent outages, reduce wildfire risk, and optimize maintenance budgets. The platform combines satellite imagery, machine learning, and geospatial analytics to provide actionable vegetation intelligence, enabling utilities to see risk, model tradeoffs,…

Food and Agriculture Tech · Forestry Tech, · Netherlands · EST 2018

About

Overstory develops an AI-powered vegetation management platform that helps electric utility companies monitor and manage vegetation along their power line networks to prevent outages, reduce wildfire risk, and optimize maintenance budgets. The platform combines satellite imagery, machine learning, and geospatial analytics to provide actionable vegetation intelligence, enabling utilities to see risk, model tradeoffs, and make data-driven decisions about where and when to perform vegetation management. Overstory offers two primary solutions: Vegetation Intelligence for monitoring growth patterns and identifying high-risk areas along transmission corridors, and Wildfire Intelligence for assessing and mitigating wildfire threats to infrastructure. The platform is trusted by 6 of the 10 largest utilities in North America, demonstrating its ability to operate at utility-scale across vast geographic areas. By replacing manual inspections and helicopter surveys with AI-driven satellite analysis, Overstory helps utilities reduce costs, improve reliability, and enhance grid resilience against climate-driven threats. Founded in 2018 and headquartered in the Netherlands, Overstory has raised $67.8 million in a Series B round backed by Powerhouse, Pale Blue Dot, Techstars, Futuristic, B Capital, The Nature Conservancy, Convective Capital, Semapa Next, and Bentley iTwin Ventures.

Business model

Geographic Information Systems > Image Processing & Mapping > Satellite Image Processing > Asset Monitoring and Inspection,

Smart Grid > Grid Management > Power Line Inspection > Satellite Based,

Forestry Tech > Forest Intelligence

Founders & team highlights

Founder with Prior Funding,

Serial Founder

Institutional investors

PowerhousePale Blue DotTechstarsFuturisticB CapitalThe Nature ConservancyConvective CapitalSemapa NextBentley iTwin VenturesCapitalTMoxxie VenturesOverwater VenturesClimate CapitalToba CapitalOmidyar Technology Ventures

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