Daupler Expands with a $15 Million Series B Funding Led by Aqualateral

Daupler, a leading firm in incident response management for utilities and municipalities, has successfully raised $15 million in a Series B funding round. Aqualateral, a New York-based multi-asset investment vehicle focused on water issues, spearheaded the funding. This round also saw participation from Daupler's existing investors, such as Burnt Island Ventures and KCRise Fund. The capital injection aims to advance Daupler's AI-driven data analysis and field operations automation, while expanding its customer base in the electrical utility market. Moreover, Daupler plans to accelerate its international expansion into the UK and EU. As part of its mission, Daupler tackles challenges faced by utility companies, such as extreme weather, aging infrastructure, and workforce shortages, by enhancing real-time incident management. John Bertrand, Daupler's CEO, emphasized the alignment of values with Aqualateral, and expressed enthusiasm for the next phase of growth, focusing on product innovation and global scaling. Daupler's tools have notably improved response times and reduced costs, enhancing resilience and reliability for utility providers across various markets.