Exacter, Inc.

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Exacter, Inc. - overview

Established

2006

Location

Columbus, OH, US

Primary Industry

Electronics

About

Exacter, Inc. delivers advanced monitoring solutions to enhance the performance of electrical transmission and distribution systems, focusing on wildfire mitigation and operational safety. Founded in 2006, Exacter, Inc. , based in Columbus, US, specializes in electrical system monitoring.


The company raised USD 3. 04 mn in funding in January 2015 from unspecified investors. CEO Geoffrey Bibo leads the firm, which has executed 2 funding deals to date. Exacter Inc.


specializes in advanced monitoring solutions aimed at enhancing the performance of electrical transmission and distribution systems. Their core products include lightweight airborne sensors designed to conduct transmission surveys, with a primary focus on wildfire mitigation in High Fire Threat Districts. These sensors can be integrated with LIDAR, infrared, and videography technologies aboard helicopters, enabling utilities to identify potential ignition sources quickly. The company’s offerings extend to Distribution Vision Analytics, which predicts equipment-related outages and assists utilities in improving operational performance through asset management strategies.


Exacter also utilizes RF partial discharge and ultrasonic technologies to identify threats in substation equipment, providing immediate reporting on pre-failure signatures. The company serves a diverse client base, including utilities across the United States, Mexico, Canada, and international markets. Exacter Inc. generates revenue through direct transactions with utility companies, primarily based on their subscription and service models.


Clients engage with Exacter for various solutions, which may include one-time inspections, ongoing monitoring services, or software subscriptions for analytics tools. The company’s flagship offerings, such as their airborne sensors and Distribution Vision Analytics, are integral to the service agreements formed with utilities. These agreements typically involve tailored pricing structures based on the specific needs of the utility, whether for regular inspections or comprehensive data analysis services. Through these direct B2B interactions, Exacter ensures a steady revenue stream while delivering high-value insights that significantly enhance grid performance and operational safety.


Exacter, Inc. intends to leverage its recent funding of USD 3. 04 mn raised in January 2015 to expand its product offerings and enter new markets. The company is in the process of developing more sophisticated monitoring technologies designed to enhance the capabilities of their existing solutions.


Additionally, Exacter plans to target growth in international markets, focusing on regions with increasing concerns over electrical system performance and wildfire risks. The rollout of these new products and market expansions is expected to be prioritized over the next few years.


Current Investors

Rev1 Ventures

Primary Industry

Electronics

Sub Industries

Power Generation Equipment & Services, Electronic Components

Website

www.exacterinc.com

Company Stage

Series A

Total Amount Raised

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