Utility Cloud
United States
2021 Revenue
$2.1M
Customers
34K
Funding
$0
Avg ACV
$62
Team
25
Founded
2011
Utility Cloud Revenue (2021)
Provider of real estate asset management software. The company's platform offers are designed to solve for complex asset management cases including, but not limited to, monitoring continuous assets such as pipelines, sampling, and other GPS-dependent field functions.
Last updated
Utility Cloud Revenue
In 2021, Utility Cloud's revenue reached $2.1M. Since its launch in 2011, Utility Cloud has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Utility Cloud Hit $2.1m revenue in April 2021 | |
| 2011 | Launched with $0 revenue |
Utility Cloud Valuation, Funding Rounds
Utility Cloud is a bootstrapped IoT Analytics Platforms startup. Founded in 2011, Utility Cloud has grown to $2.1M in revenue without raising any venture capital or outside funding.
As a self-funded IoT Analytics Platforms SaaS company, Utility Cloud has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
Founder / CEO
Mark Moreau
CEO
Mark is a veteran of the water resources, natural gas, and electric verticals specializing in computer science, asset management, regulatory compliance, enterprise systems automation, telemetry, and workforce management. Throughout his career Mark has worked internationally to design and build water treatment, distribution and collection infrastructure in the disciplines of electrical, instrumentation, computer science and software implementation. Over the past 15 years Mark has worked to build a successful team at Utility Cloud delivering its flagship Operations and Asset Management product to hundreds of municipal, industrial, and private organizations. Today Utility Cloud is used in 104 countries by 39,000 users helping to manage millions of assets and streamline operations to optimize asset management and regulatory compliance objectives.
Q&A
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Customers
Utility Cloud serves 34K customers.
Utility Cloud Employees & Team Size
Utility Cloud employs approximately 25 people as of 2026, including 5 sales reps that carry a quota. It serves 34K customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2021 | Reached 25 employees (April 2021) |
Frequently Asked Questions about Utility Cloud
What is Utility Cloud's revenue?
Utility Cloud generates $2.1M in revenue.
Who founded Utility Cloud?
Utility Cloud was founded by Mark Moreau.
Who is the CEO of Utility Cloud?
The CEO of Utility Cloud is Mark Moreau.
How much funding does Utility Cloud have?
Utility Cloud is bootstrapped and has not raised outside funding.
How many employees does Utility Cloud have?
Utility Cloud has 25 employees.
Where is Utility Cloud headquarters?
Utility Cloud is headquartered in United States.
Compare Utility Cloud to the industry
Utility Cloud operates across multiple industries. Browse revenue, funding, and growth data for Utility Cloud in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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