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 focus of Ultrawis's technology?
- Ultrawis focuses on providing digital solutions to enhance crane operations on job sites, utilizing artificial intelligence, machine learning, and augmented reality through its Widesite platform.
- Has Ultrawis received any grants?
- In February 2019, Ultrawis secured a grant from the Israel Innovation Authority.
- What is the Widesite platform?
- The Widesite platform is Ultrawis's core product, offering features like task planning, asset management, and real-time safety alerts to streamline workflows and improve productivity and safety in construction and heavy industry.
- What significant product development did Ultrawis announce in late 2020?
- In November 2020, Ultrawis announced a system designed to allow tower cranes to be controlled from the ground, enhancing operational safety and efficiency.