Vyntelligence has secured £23 million in private equity funding to fuel its expansion in the United States.
The AI video firm has been backed by Blume Equity and Morgan Stanley Investment Management’s 1GT climate fund to assist more frontline workers with smart technology.
Described as an agentic video intelligence work platform, Vyn is a partner to 90% of the UK’s top utilities, telecommunications and retail companies, with customers including SUEZ, EDP, Engie, Total Energies, Currys, Openreach, Cadent Gas, UK Power Networks, Northumbrian Water and Severn Trent.
Frontline workers use it for jobs as diverse as in-home HVAC/ EV to fibre deployment, boiler maintenance and complex in-field energy infrastructure audits. The AI-enabled video helps engineers to simplify and speed up in-field processes and save hours of lost time in manual reporting and data-gathering.
It calls upon data gathered over a decade and claims to enable 85% faster deployments, 90% faster customer service resolution, huge emissions savings from unnecessary visits and materials savings from re-works.
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“Our superpower is not just applying AI to the historically underserved world of physical work, but leveraging over a decade of expertly curated proprietary field video data to fundamentally transform the value of in-field work for our clients,” said Arti Khanna, co-founder of Vyntelligence.
“We can deliver unbeatable visibility for customers over their assets, people, and operations, empowering customers with the insights they need to materially improve the efficiency of their operations and the role that in-field workers play for their businesses.”
Eleanor Blagbrough, co-founding partner at Blume Equity, said: “Vyntelligence exemplifies the type of inherently impactful business we seek to partner with at Blume, a company delivering both compelling commercial outcomes and measurable environmental benefits.
“Vyntelligence’s Agentic Video Intelligence platform enables customers to do more with less, improving safety, efficiency, and compliance while significantly reducing carbon emissions from field operations.We are delighted to be partnering with a leading UK AI business.”
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