AiDash, an enterprise SaaS company, has raised $50 million in an oversubscribed Series C funding round led by Lightrock. The company leverages satellites and AI technology to help critical infrastructure industries remain climate-resilient and sustainable amid hazards like storms, flooding and wildfires.
The company offers businesses in sectors like transportation, construction, as well as electric, gas and water utilities a suite of satellite-first products. Its technology helps with tasks like identifying vegetation risks to the electrical grid and complying with biodiversity net gain laws. AiDash serves more than 150 enterprises across the globe and has seen growing interest in its products across the U.S. and the U.K.
The capital will help AiDash double its team of 300 people over the next two years. It also plans to establish a European headquarters and continue fueling international expansion.
