/Companies

Noteworthy AI

Techstars '21

Stamford, US · Founded 2020 · Delaware corporation · 29 employees on LinkedIn · 14 known investors

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Noteworthy AI helps electric utilities prevent wildfires by identifying and addressing equipment failures on distribution infrastructure. The company analyzes electrical systems to reduce fire risk incidents.

Also known as Noteworthy

Founders & leadership

Noteworthy AI was founded in 2020 by Chris Ricciuti.

CRChris Ricciuti
Chris RicciutiFounder & CEOChris Ricciuti founded Noteworthy AI after founding and exiting two prior AI startups focused on enterprise data search. He previously served as VP of Product at Proofpoint and Veritone, worked in technology on Wall Street, and holds an MBA and BS in Computer Science.
NS
Nathan SchmidtNamed on SEC filing

Board

MJMichael Jackson
Michael JacksonBoard MemberGeneral Partner at Earthshot Ventures
DCDeborah Caplan
Deborah CaplanBoard director
AO
Aram OuligianBoard director

Investors · 14

Techstarslisted by TechstarsBoulder · $220K

How we know: the Techstars portfolio · press coverage · open dataset · Top 3000 Accelerator Startups (no YC) 2026-08 · research · noteworthy.ai · open dataset · 5k.vc investor directory · Not right? Tell us

Earthshot VenturesreportedSydney · $100K – $5M

How we know: a partner's Signal profile · press coverage · the VCSheet dataset · research · noteworthy.ai · open dataset · 5k.vc investor directory · Not right? Tell us

Also in the syndicate · 1

Susquehanna Foundation

Reported raises · per SEC filings

Form D private placements

$24.3M disclosed across 5 of 6 rounds · 2021–2026

▶$15MraisedAug 2026 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher RicciutiExecutive Officer, Director
  • Michael JacksonDirector
  • Deborah CaplanDirector
  • Aram OuligianDirector
Offering amount
$18.2M
Amount sold
$15M
First sale
Aug 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.7MraisedApr 2025 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher RicciutiExecutive Officer, Director
  • Deborah CaplanDirector
  • Michael JacksonDirector
Offering amount
$3M
Amount sold
$1.7M
First sale
Apr 2025
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.6MraisedOct 2023 · 49 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher RicciutiExecutive Officer, Director
  • Nathan SchmidtDirector
  • Michael JacksonDirector
Offering amount
$7.6M
Amount sold
$5.6M
First sale
Oct 2023
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.9MraisedJun 2022 · 23 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher RicciutiExecutive Officer, Director, Promoter
Offering amount
$2.6M
Amount sold
$1.9M
First sale
Jun 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$75KraisedJan 2022 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Christopher RicciutiExecutive Officer, Director
Offering amount
$500K
Amount sold
$75K
First sale
Dec 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Sep 2026

Noteworthy AI develops vehicle-mounted camera and artificial-intelligence systems that let electric utilities assess the condition of their distribution grid. Its product, marketed as Noteworthy Inspect (earlier referred to as Inspector), combines computer-vision cameras, edge computing devices and proprietary machine-learning models that are retrofitted onto a utility's existing fleet vehicles. As those vehicles drive during routine operations, the system automatically detects and geolocates utility poles, captures multiple high-resolution images of each pole, and runs the imagery through models that identify pole-top components and defects without requiring an operator.

The company positions the system against manual inspection practices, in which dedicated crews and vehicles evaluate assets with binoculars, cameras and paper forms; the company states that roughly 10% of poles are evaluated annually under current methods and that its approach can reduce operations and maintenance costs by up to 75%. Supported use cases include asset inventory (geolocating pole-top assets, digitizing asset tags, ratings and identifying idle transformers), asset inspection (crossarm damage, deteriorating pole tops, leaning poles, double poles), lighting audits (sodium versus LED composition, wattages, serial numbers), real-time storm damage assessment, third-party and joint-use attachment tracking, and vegetation condition assessment.

Results are delivered through a cloud application for visualizing pole coordinates, components and defects, with an extensible API for integration into GIS, asset management and work-order scheduling systems; the company is an ESRI partner and offers cloud or on-premise deployment, including a configuration validated on Dell Technologies VxRail.

Founding story

The founder has described witnessing wildfires reach within a city block of his longtime home in Southern California and learning that faulty equipment on an electric distribution pole had triggered the fire. Concluding the fire had been preventable, he assembled a team to investigate the cause and then applied that work to helping electric utilities reduce the likelihood of similar incidents.

Business model

Noteworthy AI sells an integrated hardware-and-software inspection system to electric utilities and their contractors. Camera and edge-computing units are retrofitted onto customers' existing fleet vehicles, with analysis delivered through the company's cloud software or an on-premise deployment, and integration into customers' GIS and asset-management systems of record.

Revenue derives from supplying utilities with vehicle-mounted camera and edge hardware together with AI analysis software delivered via cloud or on-premise deployment; the company references returning customers and revenue-generating opportunities from utility accelerator programs.

Traction

Company figures cite 30 team members, more than 1 million poles evaluated and $12 million in venture capital raised. Named utility customers include FirstEnergy, Alabama Power and Exelon. A FirstEnergy representative is quoted describing efficiency gains from Noteworthy Inspect, and the company published a whitepaper on automating FirstEnergy distribution asset inspection.

Latest developments

In July 2026 the company announced it achieved SOC 2 Type II compliance for its work with utility infrastructure. Other recent company publications address proactive AI-driven grid maintenance and build-versus-buy considerations for utilities.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

The company competes with and positions its offering against alternative grid-evaluation methods including street-view imagery, drones, legacy manual inspection and satellite imagery, arguing it is the only approach that collects data at scale using a utility's existing fleet, operating autonomously without crew disruption.

Technology

The system pairs computer-vision cameras with on-vehicle edge computing devices and proprietary machine-learning models. Pole detection and geolocation are automatic, with multiple high-resolution images captured per pole. The company combines stereo-vision point clouds with neural networks to produce 3D reconstructions it describes as achieving LiDAR-like accuracy without LiDAR's cost, and uses pseudo-LiDAR for measurements such as attachment distances. On-the-edge processing supports real-time defect alerts and reduces downstream cloud processing costs. Data transfers automatically from edge devices to a cloud application with an extensible API. Published work describes using NVIDIA and Dell Technologies components in a FirstEnergy deployment.

Go-to-market

The company sells directly to utilities, supported by demo requests and whitepapers on its site, and has used energy-sector accelerator programs to reach industry stakeholders and revenue opportunities, including EPRI IncubateEnergy Labs and Techstars Alabama EnergyTech in the second half of 2021, and the 2022 cohorts of Dominion Energy's DEIC Accelerate, Duke Energy's Joules Accelerator and EDP's Energy Starter program. It also works with industry partners such as ESRI, NVIDIA and Dell Technologies.

Investor-owned electric utilities and utility contractors responsible for distribution infrastructure; named customers include FirstEnergy, Alabama Power and Exelon.

Geography

The company lists an office at 470 James Street, Suite 007, New Haven, Connecticut, and states it serves utilities and contractors internationally.

History

Founded in 2020, the company reported rapid growth driven by market demand, entering EPRI IncubateEnergy Labs and Techstars Alabama EnergyTech accelerators in the second half of 2021 and joining the 2022 cohorts of Dominion Energy's DEIC Accelerate, Duke Energy's Joules Accelerator and EDP's Energy Starter program. In October 2022 it announced the close of $3 million in new funding, with proceeds earmarked for customer support and engineering hiring. In July 2026 it announced SOC 2 Type II compliance.

Compiled by commissioned research from 9 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
EmployeesJan 202630 people
Poles evaluatedJan 20261,000,000 poles
Share of poles evaluated annually under current utility methodsJan 202610%
Stated O&M cost reductionOct 2022up to 75%
Venture capital raised (company-stated)Jan 2026$12M
Year foundedJan 20262,020

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Related companies · 1

Companies working in the same space as Noteworthy AI.

Timeline · 5

launches, deals, and filings
Jul 2026
Achieved SOC 2 Type II compliance

The company announced it achieved SOC 2 Type II compliance for its AI services supporting utility infrastructure.

source ↗

Oct 2022
Closed $3M to expand AI-powered distribution asset inspection

Announced the close of $3 million in new funding, with investors including Earthshot Ventures, Techstars, Connecticut Innovations, Susquehanna Foundation, Keiki Capital, Boro Capital, C2 Ventures, Avesta Fund, Asymmetry Ventures, City Light Capital and Climate Capital. Proceeds were designated for growing customer support and hiring engineering talent.

$3M source ↗

Oct 2022
Mike Jackson of Earthshot Ventures joins the board

Earthshot Ventures Managing Partner Mike Jackson stated he was joining the board in connection with the funding round; he is listed on the company's board of directors.

source ↗

Jan 2022
Joined Dominion Energy, Duke Energy and EDP accelerator cohorts

Joined the 2022 cohorts of Dominion Energy's DEIC Accelerate, Duke Energy's Joules Accelerator and EDP's Energy Starter program.

source ↗

Jan 2021
Accepted into EPRI IncubateEnergy Labs and Techstars Alabama EnergyTech

In the second half of 2021 the company was accepted into the EPRI IncubateEnergy Labs and Techstars Alabama EnergyTech accelerator programs.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
Noteworthy AIDelaware

In the news

▸Research sources · 9

primary sources listed

9 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Noteworthy AI do?
Noteworthy AI equips utility fleet vehicles with AI cameras to inspect and inventory electric distribution poles at scale.
Who founded Noteworthy AI?
Noteworthy AI was founded by Chris Ricciuti in 2020.
Who are Noteworthy AI's investors?
Noteworthy AI's investors include Atas VC, Boro Capital, C2 Ventures, City Light, Connecticut Innovations, E8 Angels, Keiki Capital, Techstars and 5 more.
How much funding has Noteworthy AI raised?
Noteworthy AI has disclosed $24.3M raised across 5 of its 6 known rounds.
Where is Noteworthy AI headquartered?
Noteworthy AI is headquartered in Stamford, US.