HELIXintel, a platform providing building management, predictive analytics, and equipment management, has concluded a series A funding round.

National Grid Partners, the corporate venture and innovation arm of National Grid, led the round. Earlier investors, including Munich Re Ventures, Stellifi, Motivate Ventures and others, all participated in the round.

HELIXintel offers a platform that sources and organizes property and asset data. It aims to enable businesses to make strategic and informed decisions, unlocking value within their properties and assets.

“This new capital and National Grid’s network help us expand our product offerings and reach,” said Jon DeWald, CEO of HELIXintel, in a company press release. “We recognize that every stakeholder benefits when equipment breakdown is accurately predicted and prevented. We are poised to empower proactive maintenance and equipment upgrades that enhance efficiency, minimize downtime, and bring cost savings to both our valued customers and insurance companies.”

Ahead of its series A funding round, HELIXintel unveiled its latest innovation, HELIXintel Savings Scout. This service is designed to assist businesses in identifying and applying for various forms of free funding, including rebates, grants, and tax credits, for operational and capital improvements.

Source: HELIXintel