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High Tech Series B Founded 2013

SharperShape

SharperShape is a provider of Living Digital Twin (LDT) software and data collection services for power transmission and distribution utilities. The company Sharper CORE platform helps T&D utilities manage risk, create operational efficiencies, and protect critical infrastructure through AI-powered predictive asset management and vegetation management applications. The platform is data source agnostic, integrating…

📍 Palo Alto, United States · Digital Twin,

Funding snapshot

Last roundSeries B
Amount$18M
Date18 April 2022
Total raised$21M
Team size58

About

SharperShape is a provider of Living Digital Twin (LDT) software and data collection services for power transmission and distribution utilities. The company Sharper CORE platform helps T&D utilities manage risk, create operational efficiencies, and protect critical infrastructure through AI-powered predictive asset management and vegetation management applications. The platform is data source agnostic, integrating LiDAR, RGB HD, and IR sensor imagery collected via helicopters, piloted drones, and automated drones to create dynamic digital twins that can be updated using handheld devices in the field, even offline. SharperShape AI algorithms enable tree detection, species detection, automated issue detection, and fully prioritized vegetation management plans to prevent wildfire risks. The company technology powers inspection and management workflows for over 00 billion of complex critical infrastructure worldwide, with over 20 patents granted. Founded in 2013 and headquartered in Palo Alto, United States with tech centers in Finland and Salt Lake City, SharperShape has raised approximately 1.3 million in a Series B round backed by Sterlite Power, Straightforward Capital, Vision+, Janom, and Infratech Growth Partners.

Business model

Digital Twin > Digital Twin Platforms > Products > Energy > Power Transmission Line

Institutional investors

Sterlite Power Michael Harvey Straightforward Capital Vision+ Janom Infratech Growth Partners

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