Buzz Solutions

company

About

Buzz Solutions provides AI-based actionable insights and predictive analytics for asset fault detection and inspection of power lines.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$3.30M
Industries
Analytics,Artificial Intelligence,Information Technology,Machine Learning,PaaS,SaaS,Software
Founded date
Jun 1, 2017
Number Of Employee
1 - 10
Operating Status
Active

Buzz Solutions provides a software platform powered by Artificial Intelligence, Actionable Insights, and Predictive Analytics for faults and anomaly detection for the power line inspection process for power utilities. The company's platform automates the process of storing and organizing visual data (captured in the field through drones and helicopters), analyzing for faults using its AI algorithms, mapping the data and providing heat maps as well as predictive insights for when, where and what kind of faults are happening on power line and assets. Using its solutions, power utilities save over 50% of cost and time to analyze data which makes condition-based maintenance efforts easier and time-efficient, thus, preventing wildfires, power outages, and other climate change effects on the physical infrastructure of the grid.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$4.50M
Buzz Solutions has raised a total of $4.50M in funding over 2 rounds. Their latest funding was raised on Dec 1, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 1, 2022 Series Unknown $3.30M 2 GoPoint Ventures Detail
Jan 31, 2022 Seed 2 Detail
Jun 26, 2020 Seed $1.20M 4 Blackhorn Ventures Detail
Mar 30, 2020 Seed 1 Detail
Nov 16, 2017 Seed 1 Detail

Investors

Number of Lead Investors
Number of Investors
2
9
Buzz Solutions is funded by 9 investors. GoPoint Ventures and Blackhorn Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
GoPoint Ventures Yes Series Unknown
Blackhorn Ventures Yes Seed
MaC Venture Capital Series Unknown
Azure Ventures Group Seed
Lorimer Ventures Seed
Advisors.fund Seed
Ulu Ventures Seed
Vodia Ventures Seed
NCT Ventures Seed

Employee Profiles

Number of Employee Profiles
4
Buzz Solutions has 4 current employee profiles, including Advisor Patrick Peterson
Board member
Executive
Executive