Utility Associates, Inc.
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Utility Associates, Inc. - overview
Established
2000
Location
Decatur, GA, US
Primary Industry
Software
About
Based in Georgia, US, and founded in 2000 by and led by Michael Nark, Utility Associates, Inc. operates as a developed of digital systems for telecom businesses professions requiring speed, accuracy, and transparent data management. In November 2023, Greater Sum Ventures, Hicks Equity Partners, and PSG Equity invested in Utility Associates, Inc. from TL Ventures, Trident Capital, NGP, Braemar Energy Ventures, Kinetic Ventures, Idealab, and Primedia Ventures.
Utility Associates, Inc. provides an EOS body-worn camera, which is designed high-speed, policy-based data collection that automatically activates, and records based on response to specific operational sensors. It offers HELIOS digital evidence management platform, which is created for district attorneys and case management for legal professionals. The company offers the ROCKET in-car communication platform, which provides secure evidence-gathering automation to deliver solution for law enforcement.
Utility Associates, Inc. developed the STRAX platform, that integrates various data sources for enhanced incident response. In addition, the firm provides various products for supporting law enforcement such as Pulsar platform, which is an artificial intelligence-based platform providing license plate capturing and alerting solution for collection and analysis of evidence.
Current Investors
Hicks Equity Partners, Greater Sum Ventures, PSG Equity
Primary Industry
Software
Sub Industries
Public Relations & Communications, Analytics & Performance Software, Application Integration Software, Legal Software, Monitoring & Security Software, Telecoms Equipment
Website
www.utility.com
Verticals
Artificial Intelligence, Cloud Computing
Total Amount Raised
Subscriber access only
Utility Associates, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Kologik LLC | - | ||||||||
| Growth | Completed | Utility Associates, Inc. | - |
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