When was Utopus Insights founded?

Utopus Insights was founded in 2017 and raised its 1st funding round within a year of its incorporation.

Where is Utopus Insights located?

Utopus Insights is headquartered in Valhalla, United States. It is registered at FERNS ICON, #UNIT 1, 3RD FLOOR, SURVEY NO. 28 & 36/5, DODDANEKUNDI VILLAGE, KR PURAM HOB, LI, Bangalore, BANGALORE, Karnataka, India, 560037.

How many employees does Utopus Insights have?

As of Aug 31, 2026, the latest employee count at Utopus Insights is 12.

Is Utopus Insights a funded company?

Utopus Insights is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Feb 23, 2017.

How much is Utopus Insights worth?

The last known valuation of Utopus Insights was $***** as of Feb 02, 2018.

When was the latest funding round of Utopus Insights?

Utopus Insights' latest funding was a $***** Seed round on Feb 23, 2017, with participation from 1 investor. Its primary sector is Renewable Energy Tech. In United States, the Renewable Energy Tech sector has seen $5.36B in funding in 2026 to date.

Where does Utopus Insights rank among its competitors?

Utopus Insights ranks 3rd amongst 19 active competitors, only 1 of which is funded. mCloud, which secured $15M in Mar, 2022.

Who are the top competitors of Utopus Insights?

Utopus Insights' top competitors include mCloud, POWERCON and LogiLube. Among them, mCloud secured the most recent funding round in March, 2022.

Utopus Insights - 2026 Company Profile, Team, Funding & Competitors

Q: Is Utopus Insights an acquired company?

Utopus Insights got acquired by Vestas on Feb 02, 2018.

Utopus Insights is an acquired company based in Valhalla (United States), founded in 2017 by Balakrishnan Iyer. It operates as a Software product for wind power project analysis and monitoring. Utopus Insights has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 19 active competitors, including 1 funded and 3 that have exited. Its top competitors include companies like mCloud, POWERCON and LogiLube.

Company Details

Utopus Insights provides software products for the wind power project analysis and monitoring. The web-based tool can be used for real-time monitoring of power generation & turbine component metrics, historical data analysis, power prediction by hyperlocal weather forecasting, power comparison, optimize power bidding strategies, predictive asset maintenance, and automatic report generation.

Website: utopusinsights.com
Social
Email ID: *****@utopusinsights.com
Registered Address: FERNS ICON, #UNIT 1, 3RD FLOOR, SURVEY NO. 28 & 36/5, DODDANEKUNDI VILLAGE, KR PURAM HOB, LI, Bangalore, BANGALORE, Karnataka, India, 560037

Key Metrics

Founded Year

2017

Location

Valhalla, United States

Stage

Acquired

Latest Funding Round

Seed, Feb 23, 2017, $*****

Last Known Valuation

$***** as on Feb 02, 2018

Investors

VELCO

Ranked

3^rd among 19 active competitors

Employee Count

12 as on Aug 31, 2026

Similar Companies

mCloud & 25 more

Exit Details

Acquired by Vestas (Feb 02, 2018)

View Utopus Insights' full profile

Utopus Insights is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
UTOPUS INSIGHTS INDIA PRIVATE LIMITED CIN: U72900KA2017PTC100631 , India, Active	Feb 17, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	1 (As on Feb 29, 2024)

Utopus Insights got acquired by Vestas on Feb 02, 2018 at an acquisition amount of $*****.

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

Utopus Insights has raised funding over 1 round. Its latest funding round was a Seed round on Feb 23, 2017 for $*****. 1 investor participated in its latest round. Utopus Insights has 1 institutional investor.

Here is the list of recent funding rounds of Utopus Insights:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 23, 2017	4777052	Seed	2438272	9933135	9084931	2032690

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View details of Utopus Insights's funding rounds and investors

The founders of Utopus Insights is Balakrishnan Iyer.

Here are the details of Utopus Insights' key team members:

Balakrishnan Iyer: Former Co-Founder of Utopus Insights and founder of 2 other companies, Bridge Green Upcycle and Ronday. They serve on the board of 1 company.

View details of Utopus Insights's Founder profiles and Board Members

Utopus Insights' employee count trend

Utopus Insights has 12 employees as of Aug 26. Here is Utopus Insights's employee count trend over the years:

Employee count trend for Utopus Insights

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Top competitors of Utopus Insights include mCloud, POWERCON and LogiLube. Here is the list of Top 10 competitors of Utopus Insights, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	mCloud 2010, Vancouver (Canada), Public	IoT, AI & SaaS-driven tools for monitoring & analyzing equipment health	-	Pointer Capital, Fulcrum Technology Group ... & 1 others	47/100
2nd	POWERCON 2008, Mumbai (India), Unfunded	Software platform for monitoring and operation of IPPs in the wind energy sector	-	-	42/100
3rd	Utopus Insights 2017, Valhalla (United States), Acquired	Software product for wind power project analysis and monitoring	-	VELCO	37/100
4th	LogiLube 2013, Laramie (United States), Seed	Predictive data analytics for oil and gas compression equipment monitoring	$723K	-	32/100
5th	Vertikal AI 2018, Vejle (Denmark), Acqui-Hired	Provider of AI-based turbine monitoring solutions	-	EIC Fund, PSV Deeptech & 1 others	30/100
6th	Aeolis Wind 2007, Sidney (Canada), Unfunded	Offers software-based non-electrical solutions through MET towers for wind energy farms	-	-	28/100
7th	Wind Suite 2021, Maslak (Turkey), Unfunded	Provider of AI and web-based wind energy power plant management solutions	-	-	28/100
8th	Nabla Wind Power 2013, Vitoria Gasteiz (Spain), Acquired	Technology solutions provider for improving blade design life	-	-	27/100
9th	AIM 2019, Naples (Italy), Unfunded	AI-based monitoring system for wind farms	-	-	26/100
10th	BladeEdge 2015, Cedar Rapids (United States), Unfunded	Provider of AI-driven analytics for wind turbine blade management and inspection	-	-	25/100