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Vutility
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Developer of scalable, edge-intelligent, energy fitness trackers for commercial and industrial built environments

Founded in 2015
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters Salt Lake City, UT Salt Lake City, United States
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Date Company
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Date Partner Type
03/09/2020
Free Electrons Free Electrons
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Confirmed by Free Electrons
Incubation/Acceleration
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IPO INFORMATION

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Description

Date Investors Type Amount
04/28/2020 Constellation Technology Ventures Constellation Technology Ventures , Cycle Capital Cycle Capital , Chevron Technology Ventures Chevron Technology Ventures , University Venture Fund University Venture Fund , Kickstart Seed Fund Kickstart Seed Fund (5)
Post-money valuation of
Funding will be used to accelerate global expansion and development of its proprietary HotDrop™ technology and utility monitoring systems.
Series A $11,750,000
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