Volta Insite announced the successful completion of its seed round funding, raising $7 million to accelerate the development of InsiteAI. This is the most advanced tool for monitoring vital electrical assets to eliminate costly downtime.
InsiteAI is setting a new standard in the industry, offering predictive maintenance and real-time insights. The tool empowers users by continuously monitoring electrical assets, collecting electrical data, and offering predictive analytics.
Volta Insite specializes in techniques that focus on the physical correlation of data. InsiteAI – which is capable of covering multiple components and cross-checking events that occur simultaneously on different pieces of equipment – can isolate and identify issues quickly and accurately to determine if problems exist beyond interconnected assets.
KEY QUOTES:
“Securing this seed funding is a testament to our commitment to innovation in electrical asset management. InsiteAI is setting a new standard in the industry, offering predictive maintenance and real-time insights that go beyond current building automation solutions that fall short of being able to diagnose electrical issues that can cause downtime and higher operating costs.”
– Denis Kouroussis, Founder and CEO of Volta Insite
“InsiteAI represents a significant leap forward in electrical asset monitoring. Their innovative approach to transient capture, power quality analysis and electrical signature analysis sets them apart in the industry.”
– Billy Graves, Lead Investor
