Olea
Company

Last deal

$35M

Amount

Series C

Stage

29.09.2021

Date

4

all rounds

$50.6M

Total amount

General

About Company
Olea is an edge analytic solution that delivers SMART data and actionable insights for the smart water industry.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Olea Edge Analytics

founded date

01.04.2014

Number of employees

Company Type

For Profit

Last funding type

Series C

IPO status

Private

Description

Olea Edge Analytics provides revenue assurance, business continuity, and revenue predictability to utility customers through its proprietary Edge Analytics capability. Their computing platform analyzes meter performance variables to provide insights regarding meter health and identify revenue opportunities in real-time without increased tariffs or rate changes. Olea is committed to introducing cutting-edge technology to cities and communities nationwide, leading the way for Smart Water in Smart Cities. Their sustainable, innovative technology generates revenue and manages critical utility assets, enabling operators to best maintain the health of the assets under their care. Olea's Meter Health Analytics solution is robust, secure, fully configurable, and provides real-time results, making it simple to use. They prioritize connecting with people to build trust and belief, recognizing that value creation with technology only happens if the people using it trust and believe.
Contacts

Phone number

Social url