Locusview is a technology company.
Locusview has raised $72.0M across 2 funding rounds.
Locusview has raised $72.0M in total across 2 funding rounds.
Locusview has raised $72.0M in total across 2 funding rounds.
Locusview's investors include Future Shape, General Catalyst, Humbition, Kima Ventures, OurCrowd, Spark Capital, Toyota Ventures, Jared Leto.
Locusview is a technology company providing a Digital Construction Management (DCM) platform tailored for energy and gas utilities, automating data capture during construction projects and streamlining close-out processes up to 70% faster.[1][3][4] The platform digitizes paper-based job packets, enables real-time field data collection via mobile apps for high-fidelity asset documentation, and integrates with systems like GIS, WMS, and EAM to ensure regulatory compliance, operational efficiency, and accurate asset capitalization.[2][3][5][6][7] It serves over 30 leading U.S. Tier-1 investor-owned utilities (e.g., Duke Energy, National Grid, Exelon), more than 180 contractors, and 4,000 daily field crews across the US, India, Europe, and Latin America, managing $15 billion in capital projects in 2022 alone.[3][4][5][7]
Locusview was founded in 2014 through a collaboration with GTI Energy (formerly the Gas Technology Institute) and industry-funded R&D to address material traceability in utility construction, starting with barcode scanning and GPS for automated as-builting.[3][4][5] Key leaders include Shahar Levi (CEO), Alicia Farag (President), and Michael Levi (CTO), bringing expertise in technology, utilities, and operations.[3] What began as a focused initiative evolved into a comprehensive DCM platform covering the full construction lifecycle from planning to close-out, gaining traction with major utilities and setting industry standards.[4][5]
Locusview rides the digital transformation wave in utility infrastructure, where aging grids demand faster, compliant construction amid electrification and renewable integration trends.[1][2][4] Its timing aligns with rising regulatory pressures for accurate as-builts and real-time visibility, fueled by market forces like labor shortages, supply chain issues, and $100B+ annual U.S. utility capex.[3][5] By bridging field-to-office gaps with GIS-integrated tools, it influences the ecosystem by standardizing digital workflows, enabling contractors and utilities to accelerate asset capitalization and reduce risks in building resilient energy networks.[4][6]
Locusview is poised for expansion as utilities invest heavily in grid modernization and AI-enhanced analytics, potentially integrating advanced features like predictive maintenance or AR for field ops. Trends like ESG reporting and global energy transitions will amplify demand for its compliant, data-rich platform, evolving its role from construction tool to full lifecycle infrastructure manager. With 170 employees and a foothold in key markets, expect deeper international growth and partnerships, solidifying its lead in digitizing the $1T+ global utility construction sector—transforming paper frustrations into scalable efficiency.[4][5][7]
Locusview has raised $72.0M across 2 funding rounds. Most recently, it raised $64.0M Series A in April 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2021 | $64.0M Series A | Future Shape, General Catalyst, Humbition, Kima Ventures, OurCrowd, Spark Capital, Toyota Ventures, Jared Leto | |
| May 1, 2019 | $8.0M Seed | Future Shape, General Catalyst, Humbition, Kima Ventures, OurCrowd, Spark Capital, Toyota Ventures, Jared Leto |