VODA.ai® is proud to announce a milestone achievement with a successful funding round that raised $10,000,000. This injection of capital marks an exciting new chapter in the company’s mission to transform infrastructure management through cutting-edge technology. VODA.ai® understands the pain points faced by utilities tasked with managing extensive networks of mains and service lines, and our state-of-the-art daVinci™ engine is designed to address these challenges head-on by ranking pipes by Business Risk Exposure within timeframes ranging from 12 months to 20 years. The award-winning solution brings together a rich suite of tools—LoF™, CoF™, BRE™, RUL™, Insights™, LeadFinder™, LeadZero™, and Planner™—offering customers a comprehensive approach to condition assessment, monitoring, replacements, and rehabilitation.
The newly raised funds will primarily be directed towards scaling our SaaS platform to meet the increasing needs of our clients, investing in research and development, and expanding market reach through both national and international channels. With these resources, VODA.ai® is poised to fortify its technological edge and accelerate product enhancements, ensuring that our customers continue to enjoy unparalleled service in pipeline management. Moreover, the funding will allow the company to invest in talent acquisition, bringing in industry experts and innovative thinkers to continue driving advancements in artificial intelligence and predictive maintenance.
This significant investment not only reflects confidence in VODA.ai®’s vision and leadership but also in our commitment to empowering utilities with powerful digital tools to streamline pipeline management. As we deploy these funds, we are excited to see the substantial impact on operational efficiencies and the overall health of utility infrastructure, ultimately leading to a safer, more reliable future for communities and businesses alike.
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