Invenia

Canada
Victoriaville, Quebec, Canada, R3B 0S9

Company profile

Invenia company profile

Invenia’s Energy Intelligence System is a cloud-based machine learning platform that uses big, high-frequency data to solve complex problems in real-time. Invenia currently applies its platform to optimize electric utility operations as well as electricity markets themselves. Invenia uses its intelligence system to link forecasting, pattern recognition, and optimization together with a model of the decision-making process specific to each user. This results in a decision recommendation, which is the best answer to the problem that the user is trying to solve at any given time. For energy markets, this process involves understanding the problem from generation through transmission and finally to marketing. This simplifies operational decision-making while making use of smart grid data, and becoming more efficient as the frequency of decisions increases.

Business identity

Contact email
[email protected]
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2006-01-01, Year

Headquarters

Postal code
R3B 0S9
Country code
CA
Continent
North America

Capital profile

Funding and company signals

Funding stage
Early Stage Venture
Funding rounds
2
Total equity funding
$5M
Last funding
Series B / 2020-12-18
Last equity funding
Series B
Investors
5
Lead investors
1
Founders
3
Articles
5

Founders and investors

Founders

Cozmin UdudecDavid DuvenaudMatthew Hudson

Lead investors

Zetta Venture Partners

Investors

NJF CapitalSand Hill AngelsSocial CapitalTrue Capital ManagementZetta Venture Partners