Data Phleet raises $600K in a Pre-Seed round led by Startup Ignition Ventures to develop AI-driven compliance software for the electric grid.
Jul 22, 2025•5 months ago
Amount Raised
$600,000
Round Type
Pre-Seed
Investors
Startup Ignition Ventures
Description
Startup Ignition Ventures recently invested $600,000 in Data Phleet, a Highland, Utah-based startup focused on AI-driven compliance solutions for the U.S. electric grid. The investment will support the development of software that automates regulatory compliance checks. Data Phleet aims to help utilities meet stringent North American Electric Reliability Corporation standards
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech