Company Overview
Snapshot
Founded in February 2019 by Lior Avitan and Erez Gernitzky, Ultrawis operates with 11–50 employees. The company has raised $6 million across four funding rounds from three investors. In February 2019, Ultrawis secured a grant from the Israel Innovation Authority.
Business overview
Ultrawis provides digital solutions designed to enhance crane operations on job sites. Its core product, the Widesite platform, leverages artificial intelligence (AI), machine learning (ML), and augmented reality (AR) to offer features such as task planning, asset management, and real-time safety alerts. These tools are engineered to streamline workflows, reduce project timelines, and improve productivity and safety. The Widesite platform serves the construction, infrastructure, and heavy industry sectors, focusing on optimizing operations and mitigating risk.
Strategic signal
In November 2020, Ultrawis introduced a system enabling the control of tower cranes from the ground. This development signals a significant advancement in operational safety and efficiency within the construction and heavy industry sectors, demonstrating the company's commitment to leveraging technology for remote and automated control, which could reduce on-site risks and optimize project timelines.
Log in to access full profile ›Company Intelligence Q&A
- When was Ultrawis founded?
- Ultrawis was founded in February 2019 by Lior Avitan and Erez Gernitzky.
- What is the primary product offered by Ultrawis?
- Ultrawis offers the Widesite platform, which provides digital solutions for crane automation, including task planning, asset management, and real-time safety alerts.
- Which investor participated in Ultrawis's funding rounds?
- Incubit Ventures participated as an investor in a Seed funding round for Ultrawis in February 2019.
- What significant technological advancement did Ultrawis announce in November 2020?
- In November 2020, Ultrawis announced a system that allows tower cranes to be controlled from the ground, aiming to improve safety and operational efficiency.
- What recognition did Ultrawis receive in December 2020?
- In December 2020, Ultrawis was recognized for applying cutting-edge aerospace technology to construction sites, demonstrating its innovative approach to industrial solutions.