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§ Private Profile · Brisbane, Queensland, Australia
IoT asset management for power transformers. Sensors & cloud analytics monitor health, optimize maintenance for electrical utilities.
Aurtra is a Brisbane, Queensland-based technology company that develops Internet of Things asset management solutions and hardware sensors for monitoring the operational health of power transformers. The organization provides electrical utilities, renewable energy operators, and heavy industrial clients with a combination of physical monitoring devices and cloud-based analytics to detect anomalies, reduce downtime, and extend critical infrastructure lifespans. Operating with an estimated headcount of under 50 employees, the firm utilizes a business-to-business software-as-a-service subscription model to deliver its diagnostic platforms to commercial customers. In early 2022, the enterprise was acquired by the multinational energy management and automation corporation Schneider Electric. Following this strategic transaction, the parent company integrated the startup's proprietary sensor technology into its EcoStruxure digital services portfolio. Aurtra was founded in 2017 by Richard Harris, Terry Woodcroft, and Steve McRae.
Aurtra has raised $2.0M across 1 funding round.
Aurtra has raised $2.0M in total across 1 funding round.
Aurtra has raised $2.0M in total across 1 funding round.
Aurtra's investors include Paul Butler, Brisbane Angels, Melbourne Angels, Richard Shepherd.
Aurtra has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in December 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 9, 2019 | $2M Seed | Paul Butler | Brisbane Angels, Melbourne Angels, Richard Shepherd | Announced |