Overstory
AI-powered grid resilience software to prevent wildfires and power outages
- 21-100 employees
- B2B
- Artificial Intelligence
- Sustainability
- Big data
- Analytics
- Machine Learning
- SaaS
- Environmental
- Weesperbuurt en Plantage, Amsterdam, Netherlands
Jump to section
Company mission
Enable a resilient electrical grid that keeps communities thriving as our world changes
Our take
Overstory applies artificial intelligence to high-resolution satellite imagery, providing grid resilience software for utilities. The company's combination of machine learning and satellite remote sensing data helps utility companies, the forestry industry, and NGOs predict and mitigate the risk of power outages and wildfires before they occur.
Backed by top climate tech investors, Overstory has secured clients including PG&E, OG&E and Hydro Ottawa. All this goes to show that its product and business model are considered attractive for the space.
Looking ahead, Overstory plans to use funds obtained to expand and accelerate product development, focusing on meaningful and actionable insights that help utilities take action to combat forest fires and outages.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Fully remote work environment
- Work from home budget
- Dedicated learning time and budget
- In-person Overstory team gatherings
- Fully paid parental leave
- Co-working budget
Company values
- Tackling the climate crisis is our greatest mission: We act with urgency.
- Trust is fundamental: We assume the best in everyone, and we share ideas openly so that we have a positive impact.
- Our curiosity fuels our growth: We recognize that change is constant, and we find joy and power in exploration.
- We care for each other: We love the power of machines but we nurture each other as humans.
- We’re rooted in diversity: Just as ecosystems need biodiversity to thrive, our resiliency comes from our differences.
Funding (last 2 of 5 rounds)
Oct 2023
$14m
SERIES A
Nov 2022
$5.2m
EARLY VC
Total funding: $25m
This company has top investors
Leadership
Fiona Spruill
(CEO)Fiona Spruill is the CEO of Overstory, an AI company using remote sensing technology to help utilities reduce wildfire risk, prevent power outages, and optimize grid resilience.