AiDash Secures Additional Investment to Expand Climate-Sustainable Solutions

AiDash Secures Additional Investment to Expand Climate-Sustainable Solutions

AiDash, a leading enterprise Software as a Service (SaaS) company headquartered in San Jose, CA, has announced an extension of its Series C funding round with a significant investment from Duke Investments. This investment is part of AiDash’s larger $50 million Series C funding round, which aims to bolster the company’s efforts in making infrastructure industries more climate-sustainable through the integration of satellite technology and artificial intelligence (AI).

Duke Investments joins a roster of prominent investors, including global impact investment firm Lightrock, SE Ventures, Schneider Electric, G2 Venture Partners, Benhamou Global Ventures, National Grid Partners, Edison International, and Shell Ventures.

The infusion of funds will fuel AiDash’s expansion plans, focusing on enhancing operations and furthering development efforts to address the pressing challenges faced by industries such as electric, gas, and water utilities, transportation, and construction.

Under the leadership of CEO Abhishek Singh, AiDash has been pioneering initiatives to make infrastructure industries more climate-resilient and sustainable. Leveraging satellite imagery and AI-driven solutions, AiDash’s SaaS offerings empower customers to enhance asset inspection and maintenance management processes while ensuring compliance with biodiversity net gain mandates and carbon capture goals.

Abhishek Singh expressed enthusiasm about the strategic partnership with Duke Investments, stating, “With this additional strategic funding, we look forward to building on our existing relationship with Duke Energy to make an even greater impact.”

AiDash’s innovative platform combines satellite-powered artificial intelligence with seamless integration capabilities. The AI dashboard harnesses the power of diverse data sources and case-specific AI models to optimize operations, mitigate business pain points, and deliver rapid return on investment for clients.

Security and compliance are paramount for AiDash, with the platform adhering to the highest standards of confidentiality and safeguarding. The company undergoes rigorous Security Operations Center (SOC) assessments to ensure compliance with critical government-mandated standards, recently achieving SOC 2® Type II certification for the second consecutive year without exceptions.

Moreover, AiDash boasts state-of-the-art AI models, continuously trained on millions of data points across various domains and geographies. These models undergo extensive validation against ground truth, enabling the platform to provide accurate and actionable insights to users.

The AiDash platform seamlessly integrates with industry-leading third-party applications, facilitating data synchronization and offering a unified view to drive adoption and streamline workflows. Additionally, the platform provides flexible deployment options, including cloud-native architecture and hybrid models, to cater to diverse customer requirements.

With its latest investment and ongoing commitment to innovation, AiDash is poised to lead the charge in creating a more sustainable future for infrastructure industries worldwide.

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