Daupler Secures $15 Million Series B for Global Expansion

Deal News | Mar 06, 2025 | PR Newswire Cision Daupler

Daupler, a leading response management solution for utilities, has raised $15 million in a Series B funding round, spearheaded by Aqualateral, a New York-based investment firm focused on water-related innovations. This infusion of funds will support Daupler's expansion into the electric utility market and its international growth in the UK and EU. Daupler's mission is to modernize incident response management for utilities, enhancing real-time responsiveness to service disruptions while maintaining community resilience. In addition to Aqualateral, investors including Burnt Island Ventures and KCRise Fund participated in this oversubscribed round. With these resources, Daupler aims to advance its AI-driven data analysis and automation capabilities, thereby optimizing field operations and improving critical infrastructure resilience against extreme weather, aging systems, and workforce shortages. The company plans to integrate and expand its tools for proactive customer communication and enhance its market leadership in water and electric utilities across the US and extending overseas. Daupler's technology has shown significantly reduced response times and costs during emergencies, underscoring its efficacy and potential for global utility applications.

Sectors

  • Utilities
  • Technology
  • Investment/Funding

Geography

  • United States – Daupler is based in the U.S., with significant focus on expanding its operations within U.S. utility markets.
  • United Kingdom – Daupler's international expansion plans include targeted growth in the UK utility market.
  • European Union – Daupler aims to expand its utility management solutions to the EU, marking a strategic geographic focus for growth.
  • Canada and New Zealand – Daupler currently serves utility clients in these countries, emphasizing the global reach of its operations.

Industry

  • Utilities – This industry is central to the article as Daupler provides management solutions for utilities, specifically focusing on water and electric utilities.
  • Technology – Daupler's adoption of AI and advanced analytics for real-time incident response places it within the technology sector.
  • Investment/Funding – The article discusses a significant Series B funding round which is a key financial activity involving investment by private equity firms.

Financials

  • $15 million – Total amount raised by Daupler in its Series B funding round.

Participants

NameRoleTypeDescription
DauplerTarget CompanyCompanyDaupler is a company that provides response management solutions for utilities around the world.
AqualateralLead InvestorCompanyAqualateral is a New York-based investment firm focusing on innovative water solutions.
Burnt Island VenturesInvestorCompanyA VEnture Capital firm that invests in water-related technology companies.
KCRise FundInvestorCompanyAn investment fund supporting high-growth potential companies in the Kansas City region.
Jiten ManglaniCIO of AqualateralPersonChief Investment Officer at Aqualateral and a key figure in the investment round for Daupler.
John BertrandCEO of DauplerPersonCEO of Daupler, leading the company through its growth phase and expansion efforts.
Tim SegardUtilities System Supervisor, DurhamPersonUtilities System Supervisor for the City of Durham, providing a testimonial on Daupler's impact.