When was Aurtra founded?

Aurtra was founded in 2016 and raised its 1st funding round 3 years after it was founded.

Where is Aurtra located?

Aurtra is headquartered in Australia.

How many employees does Aurtra have?

As of Jun 30, 2026, the latest employee count at Aurtra is 1.

Is Aurtra a funded company?

Aurtra is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Dec 09, 2019.

When was the latest funding round of Aurtra?

Aurtra's latest funding was a $***** Seed round on Dec 09, 2019, with participation from 4 investors. Its primary sector is Smart Grid. In Australia, the Smart Grid sector has seen $63.5M in funding in 2026 to date.

Where does Aurtra rank among its competitors?

Aurtra ranks 2nd amongst 13 active competitors, only 1 of which is funded. Aurtra, which secured $1.37M in Dec, 2019.

Who are the top competitors of Aurtra?

Aurtra's top competitors include BOLA, Serveron and GRID 20/20. Among them, Aurtra secured the most recent funding round in December, 2019.

Aurtra - 2026 Company Profile, Team, Funding & Competitors

Aurtra is an acquired company based in Australia, founded in 2016 by Steve McRae and Richard Harris. It operates as a Cloud-based AI software for power asset management. Aurtra has raised $1.37M in funding from Uniseed. The company has 13 active competitors, including 1 funded and 2 that have exited. Its top competitors include companies like BOLA, Serveron and GRID 20/20.

Company Details

Aurtra is an Australian company, offering patented cloud-based novel algorithms technology using a subscription-based model for asset management to power distribution networks. The portfolio includes IOT sensors which communicate using 3G/4G networks to the Aurtra cloud. The offered software solution is designed for transformer monitoring and methods to optimize transformer life. Provides actionable insight for transformer load management; maintenance, end of life and replacement decisions to avoid catastrophic failure, emergency demand planning; extended asset life with improved risk management.

Website: aurtra.net
Social
Email ID: *****@aurtra.com.au
Phone Number: +61 **********

Key Metrics

Founded Year

2016

Location

Australia

Stage

Acquired

Total Funding

$1.37M in 1 round

Latest Funding Round

Seed, Dec 09, 2019, $*****

Investors

Uniseed & 7 more

Ranked

2^nd among 13 active competitors

Employee Count

1 as on Jun 30, 2026

Similar Companies

BOLA & 16 more

Exit Details

Acquired by Schneider Electric (Mar 14, 2022)

View Aurtra's full profile

Aurtra got acquired by Schneider Electric on Mar 14, 2022.

Click here to take a look at Aurtra's acquisition in detail

Aurtra has raised a total funding of $1.37M over 1 round. Its latest funding round was a Seed round on Dec 09, 2019 for $*****. 4 investors participated in its latest round. Aurtra has 8 institutional investors.

Here is the list of recent funding rounds of Aurtra:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 09, 2019	5503736	Seed	5928802	2340130	8589039	5229253

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View details of Aurtra's funding rounds and investors

The founders of Aurtra are Steve McRae and Richard Harris.

Here are the details of Aurtra's key team members:

Steve McRae: Co-Founder & CEO of Aurtra.
Richard Harris: Founder and CTO of Aurtra.

View details of Aurtra's Founder profiles and Board Members

Aurtra's employee count trend

Aurtra has 1 employees as of Jun 26. Here is Aurtra's employee count trend over the years:

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Top competitors of Aurtra include BOLA, Serveron and GRID 20/20. Here is the list of Top 10 competitors of Aurtra, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	BOLA 2021, Mumbai (India), Unfunded	Provides IoT based solutions for remote monitoring of transformers	-	-	46/100
2nd	Aurtra 2016, Australia, Acquired	Cloud-based AI software for power asset management	$1.37M	Joules Accelerator, Sydney Angels & 6 others	38/100
3rd	Serveron 2000, Beaverton (United States), Acqui-Hired	Monitoring solutions for electrical assets, ensuring grid reliability and preventing failures	$39M	Nth Power, El Dorado Ventures & 6 others	37/100
4th	GRID 20/20 2011, Richmond (United States), Series A	Provider of distribution transformer monitoring sensors	$11.6M	-	36/100
5th	Trafosys 2015, Unfunded	Developer of software for distribution transformer design and cost optimization	-	-	31/100
6th	OptiSense Network 2001, Plano (United States), Deadpooled	Optical sensors for managing distribution lines in grid	$16M	North Texas RCIC, Texas Emerging Technology Fund	28/100
7th	PDP Technologies 2014, Ashkelon (Israel), Deadpooled	IoT system for partial discharge monitoring in electrical systems	-	SIBF, Starter Business Acceleration & 4 others	28/100
8th	ISTL 2015, Hyderabad (India), Unfunded	Developer of cloud-based grid network monitoring solutions	-	-	28/100
9th	Advanced Power Technologies 1999, Randolph (United States), Unfunded	Manufacturer of transformer monitoring systems for power transformers and related components	-	-	28/100
10th	Franklin Electric Grid Solutions 1978, Saco (United States), Unfunded	Intelligent monitoring solutions for utilities, enhancing asset performance and minimizing downtime	-	-	28/100