Locusview Overview
Locusview specializes in Digital Construction Management (DCM) for utility construction projects. Their platform automates data capture during construction, connecting planning, execution, and project close to ensure data accuracy and regulatory compliance. Designed for field crews, it simplifies mapping workflows, reducing project cycle times and work order rejection rates, while improving operational efficiency. They serve various roles within the utility construction industry, including engineers, contractors, and GIS managers. Their solutions are tailored to natural gas and electric sectors, aiming to digitalize and streamline the construction process.
Cumulative Funding Raised Over Time ($)
$5.0MApr 2018
$69.0MApr 2021
$70.3MDec 2021
$74.1MJan 2018
$87.1MJun 2020
$95.5MMay 2019
Latest News
growth-positive
Shahar Levi, CEO of Locusview, warns that outdated infrastructure and soaring energy demands threaten Israel's ability to sustain innovation and compete in the AI revolution.
Shahar Levi, CEO of Locusview, highlighted the critical need for Israel to invest in its outdated infrastructure to remain competitive in the global AI revolution. Speaking at a conference sponsored by Calcalist and Discount Bank, Levi emphasized that without significant investment in the electricity grid, Israel risks stifling the growth of future startups and missing out on AI advancements. Locusview, founded in 2014, has raised $80 million, including a $64 million Series A round in 2021, to develop its Digital Construction Management platform. Levi outlined four global trends driving energy infrastructure investment: resilience against climate disasters, increased electricity consumption due to data centers, the rise of distributed energy systems, and the financial challenges of building new infrastructure. He warned that Israel is lagging behind in these areas, which could impact its technological and economic future.
Investment
growth-positive
Locusview appoints Ayelet Gavish as Chief HRO and Chief Corporate Strategy | CTech
Locusview, an Israeli project management platform for energy infrastructure, has appointed Ayelet Gavish as Chief HRO & Chief Corporate Strategy. Gavish was previously a partner at PwC Israel, where she served as Partner in PPO (People, Processes & Organization) and also served as Chief HRO of Locusview on behalf of PWC for the past year. The company was recently ranked third in Calcalist’s list of the 50 most promising startups for 2023. Locusview has raised a total of $80 million to date, including a $64 million Series A round in 2021.
Management Changes
Growth-Positive
Locusview CEO: "Lucky to be on the right side of history" | CTech
Shahar Levi, CEO and Founder of Locusview, discussed the companys efforts to assist large utility companies in the US with their plans to renew and upgrade their energy networks. Locusview, founded in 2014 by Levi and GTI Energy, has developed a Digital Construction Management (DCM) platform for energy, telecom, and water industries. The platform is designed to help these industries manage infrastructure capital projects and meet stricter, climate-friendly regulations. Levi expressed confidence in the companys future growth, citing climate change and the need for technological tools as key drivers for investment in their industry.
CustomersInvestment
Locusview Announces New Chief Product Officer, Sassi Idan
growth-positive
BPCL partners with Locusview to digitise its pipeline laying process - Indian Infrastructure
BPCL has partnered with Locusview, a technology company specializing in Digital Construction Management, to digitize its pipeline laying process. The partnership aims to solve challenges related to paper-based collection methods and impaired GIS data, which have caused delays and hindered asset defect detection. Locusviews solution provides real-time visibility of field activities and captures high accuracy data during construction. The partnership is expected to improve data quality, ensure pipeline integrity, and reduce delays. Both companies are committed to the projects success and plan to continue providing long-term value.
Partners
| Sector | Industrial Technologies |
Funding
| Total funding | $95.49M |
| Last funding | $1.26M |
| Stage | A |
| Rounds | 6 |
| Investors | 6 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.locusview.com/ |
| Careers | Careers page |
Locations
Arieh Shenkar Street 9, Herzliya, Israel
152 Elizabeth St, Melbourne VIC 3000, Australia
Connekt, 13th Floor, Gala Empire, Drive In Rd, opp. Doordarshan Tower, Nilmani Society, Memnagar, Ahmedabad, Gujarat 380052, India
626 W Randolph St, Chicago, Illinois 60661, USA
Avenida Jaime Balmes 11, Polanco, Colonia Irrigacin, Ciudad de Mxico, CDMX, Mexico
London, UK
Photos & Videos
1 item(s)
Locusview Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Energy TechEnergy Management & Grid IntegrationIndustrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Energy, Utilities & Waste ManagementFossil FuelsGasUtilitiesGas UtilitiesWater UtilitiesCommunication ServicesReal Estate & ConstructionConstructionCore Technology
Platforms & InterfacesMobileSimulation & ImagingDigital TwinTags (16)
natural-gasgismappinginfrastructuregpscloudcross-platformbig-datawater-utilitiesconstructiongas-utilitiesweb-applicationbig-data-analyticsmobile-applicationselectric-utilitiesdigital-twinSolutions
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{"title":"Utilities (Gas, Electric, Telecom Infrastructure Construction)","description":"Locusview provides a digital construction management platform for infrastructure projects, digitizing the entire lifecycle from design to as-built for gas, electric, and telecom utilities to improve data accuracy, project visibility, and operational efficiency.","items":[{"name":"Revenue Growth","value":4,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":3,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
{"title":"Natural Gas","description":"Locusview provides a digital construction management platform for natural gas infrastructure projects, enabling real-time data collection, compliance, and efficiency from design to as-built.","items":[{"name":"Revenue Growth","value":3,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Substantial / Core","content":"Clear, significant contribution; broad, tangible gains."}},{"name":"Operational Efficiency","value":4,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Customer Acquisition","value":2,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
ElectricDigital Construction Management PlatformNatural GasGeographic Markets
United KingdomUnited StatesIndiaMexicoAustraliaLocusview Financials
$95.49M
Total funding
Undisclosed
Capital raised
$1.26M
Last funding
A
Funding stage
6
Total rounds
6
Investors
Cumulative Funding Raised Over Time ($)
$5.0MApr 2018
$69.0MApr 2021
$70.3MDec 2021
$74.1MJan 2018
$87.1MJun 2020
$95.5MMay 2019
Private Equity Funding
Undisclosed Round
Dec 2021
$1.26M
OurCrowd (Lead)
A Round
Apr 2021
$64M
Claltech, OurCrowd, Discount Capital, LIP Ventures, IGP - Israel Growth Partners
Undisclosed Round
Jun 2020
$13.05M
OurCrowd (Lead)
Seed
May 2019
$8.38M
OurCrowd
Pre-Seed
Apr 2018
$5M
Undisclosed Investor(s)
Pre-Seed
Jan 2018
$3.8M
Locusview Lifecycle
Cumulative Funding Raised Over Time
$5.0MApr 2018
$69.0MApr 2021
$70.3MDec 2021
$74.1MJan 2018
$87.1MJun 2020
$95.5MMay 2019
All Events
Undisclosed Round
Dec 2021
$1.26M
OurCrowd (Lead)
A Round
Apr 2021
$64M
Claltech, OurCrowd, Discount Capital, LIP Ventures, IGP - Israel Growth Partners
Undisclosed Round
Jun 2020
$13.05M
OurCrowd (Lead)
Seed
May 2019
$8.38M
OurCrowd
Pre-Seed
Apr 2018
$5M
Undisclosed Investor(s)
Pre-Seed
Jan 2018
$3.8M
Locusview News
10 articles
growth-positive
Shahar Levi, CEO of Locusview, warns that outdated infrastructure and soaring energy demands threaten Israel's ability to sustain innovation and compete in the AI revolution.
Shahar Levi, CEO of Locusview, highlighted the critical need for Israel to invest in its outdated infrastructure to remain competitive in the global AI revolution. Speaking at a conference sponsored by Calcalist and Discount Bank, Levi emphasized that without significant investment in the electricity grid, Israel risks stifling the growth of future startups and missing out on AI advancements. Locusview, founded in 2014, has raised $80 million, including a $64 million Series A round in 2021, to develop its Digital Construction Management platform. Levi outlined four global trends driving energy infrastructure investment: resilience against climate disasters, increased electricity consumption due to data centers, the rise of distributed energy systems, and the financial challenges of building new infrastructure. He warned that Israel is lagging behind in these areas, which could impact its technological and economic future.
Investment
growth-positive
Locusview appoints Ayelet Gavish as Chief HRO and Chief Corporate Strategy | CTech
Locusview, an Israeli project management platform for energy infrastructure, has appointed Ayelet Gavish as Chief HRO & Chief Corporate Strategy. Gavish was previously a partner at PwC Israel, where she served as Partner in PPO (People, Processes & Organization) and also served as Chief HRO of Locusview on behalf of PWC for the past year. The company was recently ranked third in Calcalist’s list of the 50 most promising startups for 2023. Locusview has raised a total of $80 million to date, including a $64 million Series A round in 2021.
Management Changes
Growth-Positive
Locusview CEO: "Lucky to be on the right side of history" | CTech
Shahar Levi, CEO and Founder of Locusview, discussed the companys efforts to assist large utility companies in the US with their plans to renew and upgrade their energy networks. Locusview, founded in 2014 by Levi and GTI Energy, has developed a Digital Construction Management (DCM) platform for energy, telecom, and water industries. The platform is designed to help these industries manage infrastructure capital projects and meet stricter, climate-friendly regulations. Levi expressed confidence in the companys future growth, citing climate change and the need for technological tools as key drivers for investment in their industry.
CustomersInvestment
Locusview Announces New Chief Product Officer, Sassi Idan
growth-positive
BPCL partners with Locusview to digitise its pipeline laying process - Indian Infrastructure
BPCL has partnered with Locusview, a technology company specializing in Digital Construction Management, to digitize its pipeline laying process. The partnership aims to solve challenges related to paper-based collection methods and impaired GIS data, which have caused delays and hindered asset defect detection. Locusviews solution provides real-time visibility of field activities and captures high accuracy data during construction. The partnership is expected to improve data quality, ensure pipeline integrity, and reduce delays. Both companies are committed to the projects success and plan to continue providing long-term value.
Partners
Neutral
The Missing Link: Why Utilities Should Adopt a Digital Construction Management Solution
The article discusses the slow adoption of digital transformation in the utilities sector. It highlights the challenges faced by utility leaders in implementing digital solutions, such as resistance to change, inefficiencies in existing technologies, and the lack of a comprehensive solution. The article suggests that utility leaders need to adopt a single technology platform that manages data flow and acts as a single source of truth for the entire organization. It predicts that over the next 5-10 years, utilities will increasingly rely on Digital Construction Management technology to optimize their operations.
None
growth-positive
Digital construction management co Locusview raises $64m
Locusview, an Israeli digital construction management company, has raised $64 million in a Series A financing round led by Israel Growth Partners. The total amount raised by Locusview to date is $80 million. The investment will support the companys global reach, expansion into electric utilities, additional product development, and acquisition opportunities. Locusview has developed a digital construction management platform for energy, telecom, and water industries. The company plans to double its staff by year-end and expand its platform capabilities. Locusview aims to lead the digital revolution of critical infrastructure construction globally. The company has already become a trusted partner for over 20 of the largest utility companies in the US. The article was published on April 28, 2021.
InvestmentExpand
growth-positive
Office Tour: Locusview Offices - Herzliya
Studio Samuelov delivered an aesthetically engaging design for Locusviews offices, a software company, located in Herzliya, Israel. The interior design focused on merging low-tech and high-tech elements and creating a beautiful design in line with the companys values. The design included a cafeteria lounge, a spacious kitchen space, and a relaxing terrace. The goal was to provide users with a top-notch experience. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or date of the event.
Expand
growth-positive
LocusView Solutions Acquired by NortecView
LocusView Solutions, a subsidiary of GTI International, has been acquired by NortecView. NortecView is an Israeli-based software company that develops mobile, IoT, and web solutions for utility companies. The acquisition will accelerate product development and deployment of LocusViews technology throughout the U.S. LocusView offers a mobile application for capturing and validating construction data in real-time, as well as an intelligent inspection product for optimizing and standardizing inspections. With over 900 users and plans for additional users in 2018, LocusView will remain a separate entity and continue to serve its existing clients while addressing new industry challenges.
Partners
growth-positive
Traceability system for gas distribution networks
NortecView and the US Gas Technology Institute (GTI) have launched the VISUS, a mobile traceability system for gas distribution networks. The VISUS captures information on pipes, joints, fusions, and operators, which directly integrates with a companys GIS to create maps and records of new installations in real-time. The technology was built with funding from US Operations Technology Development partnership and the Israel-US Binational Industrial Research and Development Foundation.
Investment
Locusview Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 142 |
| Team members | 5 |
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Locusview Internal
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Admin Info
| Confidence | 100/100 |
| Missing | markets |
| BI Verification | Jenny Sotnik-Talisman |
| Registrar ID | 515160091 |
| Crunchbase | nortecview |
| Phone | +97297486270 |
| Creator | Roei Hamani |
| Creator email | roei.hamani@mail.huji.ac.il |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-04-08T00:00:00.000Z |
| Created | 2015-12-30T00:00:00.000Z |
| Claimed | Yes |