Daupler Raises $15 Million in Series B to Transform Utility Response Management
Deal News | Mar 07, 2025 | PR Newswire Cision Daupler
Daupler, an industry-leading provider of incident management solutions for utilities and municipalities, has successfully closed a $15 million Series B funding round led by Aqualateral, a New York-based multi-asset investment firm focusing on water-related challenges. Existing investors including Burnt Island Ventures and KCRise Fund also participated. This investment will bolster Daupler's mission to enhance real-time emergency response through AI-optimized data analytics and operations automation, targeting the utility markets in the UK and EU. The funding aims to support Daupler's growth in the electric utilities sector and its global expansion, addressing critical infrastructure challenges such as climate-induced disruptions, aging infrastructures, and labor shortages. Since its establishment, Daupler has played a pivotal role in reshaping emergency management through advanced AI solutions, achieving significant reductions in response time and costs. Their technological prowess continues to earn recognition, marking them as leaders in the utility management sector.
Sectors
- Utility Management
- Artificial Intelligence
- Investment Fund
Geography
- United States – Daupler is based in the United States, with significant operations and market presence reported in 38 states.
- United Kingdom – The Series B funding targets expansion into the UK utility market, addressing similar infrastructure challenges faced there.
- European Union – Daupler plans to expand its operations into the EU, driven by demand for improved incident management solutions in response to infrastructure challenges.
Industry
- Utility Management – Daupler specializes in solutions for real-time incident management in utilities, notably electricity and water services, making this a primary industry classification.
- Artificial Intelligence – Daupler uses AI to optimize data analytics and automate operations for emergency response in utilities, highlighting its relevance in AI-driven solutions.
- Investment Fund – Aqualateral, as a key investor, classifies this as part of the investment fund industry, focusing on innovation in water management solutions.
Financials
- 15 million USD – The total amount raised in Daupler's Series B funding round led by Aqualateral.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Daupler | Target Company | Company | A leading provider of incident management solutions for utilities, focusing on AI-driven optimization and automation. |
| Aqualateral | Lead Investor | Company | A New York-based investment firm focusing on water-related technological innovations. |
| Burnt Island Ventures | Investor | Company | Existing investor contributing to the Series B funding round. |
| KCRise Fund | Investor | Company | Existing investor contributing to Daupler's Series B funding. |
| John Bertrand | General Manager | Person | General Manager of Daupler, providing insights into its operational strategies and market expansion plans. |
| Jiten Manglani | Chief Investment Officer | Person | Chief Investment Officer at Aqualateral, overseeing the investment in Daupler. |