Neara builds a SaaS platform that creates a precise 3D digital twin of critical infrastructure networks, such as electricity grids, transport, and telecom, by integrating GIS data, LiDAR imagery, and engineering specifications. It uses physics-based simulations and AI to test how assets respond to real-world scenarios like extreme weather, load growth, and design changes, helping utilities identify vulnerabilities, assess risks, optimize maintenance, and plan upgrades. The company differentiates itself with engineering-grade, physics-driven network models across multiple sectors and has demonstrated faster risk detection and quicker power restoration for major utilities worldwide. Its goal is to shift utility operators from reactive maintenance to proactive, data-driven risk management, support the energy transition, and expand the platform to telecommunications and public transportation through international growth.
Company Size
201-500
Company Stage
Series D
Total Funding
$114.9M
Headquarters
Sydney, Australia
Founded
2016
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