eSmart Systems
Halden, Norway
How eSmart Systems hit $7.7M revenue with a 114 person team in 2023.
Developer of a data analytics software intended to turn visual inspection data into actionable asset insight. The company's software leverages industrial grade deep learning and computer vision technologies to visually inspect assets and funnel data components of large-scale electrical systems to web, while performing analytics to avoid potential problems like rusted powerlines, enabling energy grid operators to lower maintenance cost, reduce failure rates and extend asset life.
2012
Founded
$7.7M
2023 Revenue
8.2%
YOY
$60.8M
Funding
eSmart Systems Revenue
In 2023, eSmart Systems revenue run rate hit $7.7M in revenue.
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2023
eSmart Systems hit $7.7M in revenue in 2023
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2021
eSmart Systems hit $6.6M in revenue in 2021
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2012
eSmart Systems launched in 2012 with $0 revenue
eSmart Systems Funding History
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2019
eSmart Systems raised a of in June, 2019
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2019
eSmart Systems raised a of in January, 2019
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2017
eSmart Systems raised a of in January, 2017
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| June, 26 2019 | |||
| January, 16 2019 | |||
| January, 02 2017 |
Team
eSmart Systems has 114 total employees.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 114 |
Founder / CEO
Knut Johansen
Knut holds a M.Sc. degree in Electrical Engineering and Computer Science from the Norwegian University of Technology in Trondheim, Norway. Knut is the CEO and founder of eSmart Systems AS, established in 2012. Prior to that, Knut founded and led Navita Systems, headed OMX Technology Energy Systems (now NASDAQ), founded and led Hand-El Scandinavia, a spin-off from the Institute for Energy Technology in Halden, Norway, and headed the department for energy systems at the Institute for Energy Technology. Knut has more than twenty years’ experience innovating, developing and delivering IT solutions to the energy industry world-wide. He has delivered IT solutions to physical and financial power exchanges in Europe, North America, Asia and Australia beginning with the deregulation of the Norwegian power market in 1991, a precursor for deregulation processes worldwide. Knut has also delivered IT systems to the balancing, spot, and financial energy markets, as well as the clearing of exchange products and OTC to Nord Pool, the Nordic power exchange. He’s been responsible for ETRM and grid system deliveries to a large number of prominent energy companies, including E.ON, Statoil, Hydro, Statkraft, Fortum and Mercuria. Knut was the initiating driver behind of the Norwegian Centre of Expertise – Smart Energy Markets. NCE Smart Energy Markets is supported by the Norwegian Authorities.
Q&A
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Customers
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eSmart Systems Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Knut Johansen | CEO | [email protected] | - |
eSmart Systems Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Knut Johansen | CEO | [email protected] | - |
Frequently Asked Questions about eSmart Systems
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When was eSmart Systems founded?
eSmart Systems was founded in 2012.
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How much revenue does eSmart Systems generate?
eSmart Systems generates $7.7M in revenue.
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Who is the CEO of eSmart Systems
The CEO of eSmart Systems is Knut Johansen.
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How much funding does eSmart Systems have?
eSmart Systems raised $60.8M.
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How many employees does eSmart Systems have?
eSmart Systems has 114 employees.
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Where is eSmart Systems headquarters?
eSmart Systems is headquartered at Halden, Norway
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