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
$6.6M
2022 Revenue
YOY
$60.8M
Funding
eSmart Systems Revenue
In 2022, eSmart Systems revenue run rate hit $6.6M in revenue.
2021
eSmart Systems hit $6.6M in revenue in 2021
2012
eSmart Systems launched in 2012 with $0 revenue
eSmart Systems Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2019
eSmart Systems raised a of $34M
2019
eSmart Systems raised a of $14.6M
2017
eSmart Systems raised a of $12.2M
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
06/26/2019 | $34M | ||
01/16/2019 | $14.6M | ||
01/02/2017 | $12.2M |
Team
eSmart Systems has 94 total employees
DISTRIBUTION | QTY |
---|---|
Total team size | 94 |
Engineer | 0(0%) |
Sales | 0(0%) |
Marketing | 0(0%) |
CEO/Founder
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.
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Customers
eSmart Systems has 0 customers.
Lifetime Months
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x
Monthly ARPU
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Lifetime Dollar
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Acquisition Cost
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Average Annual Price
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Churn
eSmart Systems has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About eSmart Systems
Monthly Revenue
$552.3K
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Total Expenses
$0.0
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Net Income
$0.0
EBIDTA Margin
0.0%
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YOY Growth
0.0%
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Rule of 40
0
eSmart Systems Board of Directors
Name | Position |
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eSmart Systems Executives
Name | Position |
---|---|
Knut Harry Helland Johansen | CEO |
eSmart Systems Employees
Name | Position |
---|---|
Knut Harry Helland Johansen | CEO |
Frequently Asked Questions about eSmart Systems
When was eSmart Systems founded?
eSmart Systems was founded in 2012.
How much revenue does eSmart Systems generate?
eSmart Systems generates $6.6M in revenue.
Who is the CEO of eSmart Systems?
The CEO of eSmart Systems is Knut Harry Helland Johansen.
How much funding does eSmart Systems have?
eSmart Systems was raised $60.8M.
How many employees does eSmart Systems have?
eSmart Systems has raised 94 employees.
Where is eSmart Systems headquarters?
eSmart Systems headquater is at Norway