HELIXintel Successfully Closes Series A Funding Round with National Grid Partners as Lead Investor

Jon DeWald, CEO, HELIXintel

HELIXintel, a digital tools provider for equipment tracking and maintenance, has successfully closed an $11 million Series A funding round led by National Grid Partners. The startup, founded in 2019, offers a platform that helps businesses monitor and acquire equipment by partnering with top-level insurance groups. By leveraging its customers’ existing insurance coverage, HELIXintel can easily activate sites on its platform. In addition to securing funding, the company recently introduced HELIXintel Savings Scout, a product that assists businesses in identifying and applying for building-related incentives such as rebates, grants, and tax credits. The partnership with National Grid enables users to access energy cost-saving measures through the platform. With a focus on growth, HELIXintel added over 100,000 buildings to its platform in Q2 2023, and plans to expand its customer success, operations, and engineering teams with the Series A funds. The startup aims to provide excellent service as it continues to scale, and expects to have around 27 employees by the end of the year.

To view the full article from BUFFALOINNO – Click Here

 

Tags: HelixIntel Series A Funding, National Grid Partners Investment, Startup Funding Round 2024, Tech Startups Venture Capital, Building Management Software Funding, HelixIntel National Grid Collaboration, Series A Funding Success Stories, Digital Tools for Equipment Maintenance, Venture Capital in Building Tech, Predictive Analytics Solutions Investmen, Launch NY.