Utilis uses space-based synthetic aperture radar (SAR) analytics to spot underground leaks in water supplies. The company was founded in 2013 by Lauren Guy, whose atmospheric physics research explored SAR’s ability to detect subsurface water. Utilis has applied its leak-detection product to more than 400 projects across over 55 countries and has verified 30,000 leaks. Its analytics have enabled customers to save more than 7,000 million gallons of water, 17,000 MWh of energy, and 11,000 metric tons of CO2 emissions per year. The company has 40 employees across offices in the USA, Israel and the UK and is led by CEO Elly Perets. Utilis plans to use the new funding to continue investing in products, expand into the ground engineering market, add to its team across its offices, and grow sales and marketing to accelerate growth in the UK, Europe and North America.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2021