When was eSmart Systems founded?

eSmart Systems was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is eSmart Systems located?

eSmart Systems is headquartered in Halden, Norway.

Who is the current CEO of eSmart Systems?

Knut H H Johansen, Henrik Bache and Henrik Bache s of eSmart Systems.

How many employees does eSmart Systems have?

As of Sep 30, 2026, the latest employee count at eSmart Systems is 90.

Is eSmart Systems a funded company?

eSmart Systems is a funded company, having raised a total of $136M across 10 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 11, 2013.

When was the latest funding round of eSmart Systems?

eSmart Systems' latest funding was a $***** Series B round on Oct 28, 2024, with participation from 8 investors.

Where does eSmart Systems rank among its competitors?

eSmart Systems ranks 5th amongst 37 active competitors, of which 12 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Live EO, which secured $32.7M in May, 2026.

Who are the top competitors of eSmart Systems?

eSmart Systems' top competitors include Gridware, Live EO and Overstory Tech. Among them, Live EO secured the most recent funding round in May, 2026.

eSmart Systems - 2026 Company Profile, Team, Funding, Competitors & Financials

eSmart Systems is a series B company based in Halden (Norway), founded in 2012 by Knut H H Johansen, Knut E Gustavsen and Andre Kleinrensink. It operates as a Provider of virtual grid asset inspection and digital inventory solutions. eSmart Systems has raised $136M in funding from investors like Kongsberg, Level39 and innogy.ventures. The company has 37 active competitors, including 12 funded and 4 that have exited. Its top competitors include companies like Gridware, Live EO and Overstory Tech.

Company Details

Provider of virtual grid asset inspection and digital inventory solutions. The company offers image-based digital inventory and grid asset intelligence services. It delivers digital approvals and access permits. The company partners with power grid operators to advance asset risk mitigation strategies. It helps identify vulnerabilities and uses data analytics to locate assets in high-risk zones. The company equips field teams with visual and risk-based data before deployment. It offers inspection-as-a-service and software-as-a-service for grid digitalization.

Website: www.esmartsystems.com/
Social
Email ID: *****@esmartsystems.com
Phone Number: +47 **********

Key Metrics

Founded Year

2012

Location

Halden, Norway

Stage

Series B

Total Funding

$136M in 10 rounds

Latest Funding Round

Series B, Oct 28, 2024, $*****

Investors

Kongsberg & 17 more

Ranked

5^th among 37 active competitors

Employee Count

90 as on Sep 30, 2026

Similar Companies

FulcrumAir & 19 more

View eSmart Systems' full profile

eSmart Systems is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
eSmart Systems ApS CIN: 38558110 , Denmark, Active	Apr 06, 2017	-	1 (As on Aug 31, 2024)
Esmart Systems AS CIN: 998927854 , Denmark, Active	Oct 03, 2012	$1M - $10M (As on Dec 31, 2019)	69 (As on Dec 31, 2020)

eSmart Systems has raised a total funding of $136M over 10 rounds. Its first funding round was on Feb 11, 2013. Its latest funding round was a Series B round on Oct 28, 2024 for $*****. 8 investors participated in its latest round. eSmart Systems has 18 institutional investors.

Here is the list of recent funding rounds of eSmart Systems:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 28, 2024	1248937	Series B	5311550	2181624	7436218	3197450
Aug 22, 2022	4251373	Series B	7748445	2843088	6487099	Nysno & 5 more
Jun 26, 2019	3158684	Series B	2429078	6691573	innogy.ventures	Energy Impact Partners & 3 more

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View details of eSmart Systems's funding rounds and investors

The founders of eSmart Systems are Knut H H Johansen, Knut E Gustavsen and Andre Kleinrensink.

Here are the details of eSmart Systems' key team members:

Knut H H Johansen: Co-Founder & CEO of eSmart Systems. They serve on the board of 1 company.
Knut E Gustavsen: Co-Founder of eSmart Systems.
Andre Kleinrensink: Managing Director NL of eSmart Systems.
Henrik Bache: CEO of eSmart Systems.
Henrik Bache: CEO of eSmart Systems.

eSmart Systems' Board of Directors

eSmart Systems's board has 3 active members. Knut H H Johansen and Fredrik Dokk Nygaard are part of team and Joseph Sirosh is independent board member.

Here is the list of eSmart Systems' board of directors:

Name	Type	Representing	Status	Duration
Knut H H Johansen	Team	-	Current	13y 11m
Fredrik Dokk Nygaard	Investor	Kongsberg	Current	8y 3m
Joseph Sirosh	Independent board member	-	Current	-

View details of eSmart Systems's Founder profiles and Board Members

eSmart Systems' employee count trend

eSmart Systems has 90 employees as of Sep 26. Here is eSmart Systems's employee count trend over the years:

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Top competitors of eSmart Systems include Gridware, Live EO and Overstory Tech. Here is the list of Top 10 competitors of eSmart Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Gridware 2020, Sacramento (United States), Series B	Real-time grid intelligence platform for safer, more resilient power grids	$97.3M	Fifty Years, Generation Investment Management ... & 20 others	63/100
2nd	Live EO 2017, Berlin (Germany), Series C	Provider of satellite-based oil pipeline and power grid monitoring services	$95.1M	Dieter von Holtzbrinck Ventures, MMC Ventures ... & 24 others	59/100
3rd	Overstory Tech 2018, Netherlands, Series B	Provider of AI-powered vegetation management software for electric utility companies	$67.8M	B Capital, Blume Equity & 24 others	58/100
4th	Infravision 2018, Austin (United States), Series B	Provider of automated aerial robotic systems for power infrastructure construction	$114M	GIC, Energy Impact Partners & 5 others	57/100
5th	eSmart Systems 2012, Halden (Norway), Series B	Provider of virtual grid asset inspection and digital inventory solutions	$136M	Nvidia, Future Energy Ventures & 16 others	48/100
6th	FulcrumAir 2016, Wellington (United States), Funding Raised	Provider of drone services	-	-	44/100
7th	QEA Tech 2019, Markham (Canada), Seed	Provider of AI-powered building envelope audits and retrofit recommendations	$2.2M	Clean Energy Venture Group, Sustainable Development Technology Canada ... & 4 others	42/100
8th	Omnisens 1999, Morges (Switzerland), Acquired	Optic sensing solution for oil pipelines and marine power cables monitoring based sensors	$5.52M	Renaissance, Technology Fund & 2 others	41/100
9th	Noiseless Acoustics 2015, Helsinki (Finland), Acquired	Provider of acoustics based predictive maintenance solutions	-	Plug and Play Tech Center, Startup Autobahn ... & 1 others	41/100
10th	Noteworthy 2020, Stamford (United States), Series A	Offering cloud and AI-driven power line inspection solutions	$10.5M	Climate Capital, City Light Capital & 12 others	40/100