Neara

What Neara does

Neara is an Australian-founded software company that builds a cloud-based, physics-enabled 3D digital twin platform for electric distribution and transmission utilities. The platform ingests LiDAR, GIS, satellite imagery and engineering records, then runs finite element analysis, structural mechanics, clearance, weather, storm, hurricane and flood simulations to model how network assets behave under real-world conditions, and surfaces outputs as risk scores, asset analytics and design recommendations for utility operators.

The platform's core capabilities include network-wide LiDAR classification, structural and clearance analysis, weather and vegetation-driven risk modelling, digital line rating, and Auto-Design, a generative-AI module for automated pole and asset placement. To date Neara reports modelling more than 15 million assets across roughly 3 million kilometres of network on four continents, with named enterprise customers including SA Power Networks, Endeavour Energy, Essential Energy, Ausgrid, ESB Networks, CenterPoint Energy, SSEN, HEDNO and ScottishPower.

Neara monetises primarily through enterprise SaaS subscriptions priced by network size and asset volume rather than per seat, complemented by professional services for onboarding and model build-out, and increasingly through an embedded OEM channel via a partnership with Schneider Electric. The company is privately held, has raised roughly AUD $180M cumulatively across Series B extension, C and D rounds, and operates from Sydney with subsidiaries in the United States, United Kingdom and Lithuania.

Name

Neara

Legal name

Linesoft Pty Ltd t/a Neara (ABN 84 606 633 443)

Website

https://neara.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

Neara provides a cloud-based, physics-enabled 3D digital twin platform for electric distribution and transmission utilities, ingesting LiDAR, GIS and satellite data to model how networks behave under storm, flood and load conditions for risk and asset management.

Ownership category

akta.pro rank

Product category

Utility Network Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Power and Communication Line and Related Structures Construction (237130)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

B2B/EDI & Supply Chain Process Automation Platforms (HDAEAHAK)

akta.pro secondary industry

B2B/EDI & Partner Integration (BPAMAOAJ)

Keywords

• Digital twin platform
• Utility infrastructure software
• Grid network modeling
• Utility asset management
• Physics-based simulation

Headquarters

HQ city

Redfern

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Enterprise platform subscription: Neara sells its physics-enabled digital twin platform to utilities through demo-led enterprise sales. Pricing is not publicly disclosed; the website routes all prospects through 'Get a Demo' / 'Book a meeting'. Inferred to be a recurring SaaS subscription tied to network size/asset count rather than per-seat (Empact case study explicitly notes Neara charges 'without any per-user license fees').
2. Partner-channel / OEM-style reach via Schneider Electric: Neara's technology is integrated into Schneider Electric's One Digital Grid Platform (alongside Microsoft, AiDASH, Technosylva), giving Neara embedded distribution into Schneider's utility customer base in Western US and Europe.
3. Professional services / engineering engagements: Customers such as Empact Engineering and the large Australian transmission utility contracted Neara for bespoke engineering project work (model build, transmission design, conductor clash analyses) in addition to platform access, indicating project-based professional services as a complementary revenue stream.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Neara provides a physics-enabled digital twin platform for utility infrastructure, primarily serving electric utilities. The B2B SaaS solution enables network design, management, and protection through physics-based simulation of utility assets, helping utilities prevent outages and improve network resilience.

Product overview

Neara's offering is a single unified product: the Neara Platform, a physics-enabled 3D digital twin for utility critical infrastructure, delivered through regional web applications (Europe, USA, ANZ). The core platform is paired with six named solution modules that share the same underlying physics model: Resiliency & Reliability, Wildfire Mitigation, Severe Weather Response, Asset Management, Risk & Value Optimization, and Design & Construction. Underpinning those solutions are fourteen capabilities exposed as individual product pages: Forecast and Backcast Resilience, Equipment Inspections (Pole Utilization & Loading/FEA), Vegetation Management (Vegetation Analysis), Clearance Risk & Conductor Clashing, Wildfire Management, Hurricane & Storm Management, Flood Management, Snow & Ice Management, Asset Inspection & Lifecycle Management, LiDAR & GIS Reconciliation, Digital Line Rating, Risk Impact Scoring, Distribution Network Design, and Transmission Network Design & Optimization. Layered on top of the platform is Auto-Design, an AI-assisted generative design capability that produces build-ready construction packages and exports to SAP/EAM workflows. The same physics-enabled model powers all of these, so customers can start in one area (e.g., vegetation, wildfire, design) and expand into the others without rebuilding data foundations.

Differentiator

Problem solved

Functional benefit

Products and services

• Neara Digital Twin Platform

Named customers14 records

Segments4 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability9 records

Feature8 records

Partnerships

Seven partnerships are on record, tiered core data partner, flagship embedded partner, co-listed partner technology in schneider electric grid platform and strategic engineering services partner.

• Osmosecore data partnerTechnology or Integration · 1 February 2026Osmose provides third-party condition data that is layered into Neara's physics-enabled digital twin to enrich asset intelligence for inspection and asset management workflows.
• Esricore data partnerTechnology or Integration · 1 February 2026Esri provides third-party GIS and condition data that is layered into Neara's platform to enrich asset intelligence.
• Schneider Electricflagship embedded partnerOEM/ Whitelabel/ Licensing Partner · 1 February 2026Neara's physics-enabled digital twin is integrated as a partner technology within Schneider Electric's One Digital Grid Platform (EcoStruxure ArcFM Web and Energy Transmission Operation), delivering predictive risk modelling and real-time situational awareness to Schneider's utility customers in the Western US and Europe. Announced and showcased at DTECH 2026 in San Diego alongside Microsoft's, AiDASH's and Technosylva's integrations.
• Microsoftco-listed partner technology in schneider electric grid platformTechnology or Integration · 1 February 2026Microsoft is co-listed alongside Neara, AiDASH and Technosylva as a partner technology integrated with Schneider Electric's One Digital Grid Platform announced at DTECH 2026.
• AiDASHco-listed partner technology in schneider electric grid platformTechnology or Integration · 1 February 2026AiDASH is co-listed alongside Neara, Microsoft and Technosylva as a partner technology integrated with Schneider Electric's One Digital Grid Platform announced at DTECH 2026.
• Technosylvaco-listed partner technology in schneider electric grid platformTechnology or Integration · 1 February 2026Technosylva is co-listed alongside Neara, Microsoft and AiDASH as a partner technology integrated with Schneider Electric's One Digital Grid Platform announced at DTECH 2026.
• Empact Engineeringstrategic engineering services partnerImplementation/ SI/ Consulting Partner · 1 February 2026Empact Engineering delivers pole loading, vegetation, GIS and line-rating analyses on Neara for utility clients across the central US (including Texas). Joint case study shows EMPACT scaling from 1,000 to 12,000 poles modelled per month with 3x faster per-pole analysis.

Scale indicators13 records

Recent moves7 records

Expansion highlights7 records

Broad incumbents

• Trimble: Trimble provides geospatial, field and infrastructure design software widely used by utilities for asset mapping, pole/line design and field workflows. Comparable as a broad incumbent whose utility geospatial and design tooling overlaps with Neara's LiDAR reconciliation and transmission/distribution design capabilities.
• Schneider Electric: Schneider Electric is a broad incumbent in grid management software (EcoStruxure ArcFM, Energy Transmission Operation) and the OEM partner that embeds Neara into its One Digital Grid Platform. It is comparable as both a channel partner and a long-term competitor with the installed base to extend grid digital-twin capabilities in-house.
• Bentley Systems: Bentley Systems provides infrastructure engineering software (OpenUtilities, ProjectWise, iTwin) widely used by electric utilities for transmission and distribution design and asset management. Comparable as a broad incumbent digital-twin platform with overlapping utility customers and design workflows to Neara's Design & Construction solution.
• Hexagon: Hexagon's Geosystems and PPM divisions provide geospatial, LiDAR processing and infrastructure digital-twin technology used across utilities and infrastructure operators. Comparable as a broad incumbent whose LiDAR, asset and 3D capabilities overlap with Neara's ingestion and digital-twin stack.

Direct peers

• AiDASH: AiDASH applies satellite imagery and AI to utility vegetation, wildfire and asset-risk analytics. It is directly comparable to Neara because it sells to the same electric utility buyers with overlapping risk-prioritisation use cases and is co-listed alongside Neara within Schneider Electric's One Digital Grid Platform.
• Technosylva: Technosylva is a wildfire risk management platform for utilities and fire agencies, used by investor-owned utilities in the US West for PSPS and ignition-risk modelling. Directly comparable to Neara's Wildfire Mitigation solution and co-listed with Neara on Schneider's One Digital Grid Platform.
• Kisters: Kisters provides utility asset management, network planning and GIS-adjacent analytics software to European DNOs/TSOs. Directly comparable to Neara for pole-top analytics, network modelling and asset-risk workflows in the same European utility buyer base (e.g. SSEN, ESB-style customers).

Others

• Esri: Esri is the dominant GIS platform for utilities (ArcGIS Utility Network) and a data partner to Neara that layers its GIS records into the digital twin. Comparable as an enabling ecosystem participant whose installed base, data model and partner ecosystem materially shape Neara's go-to-market.

Emerging players

• ClimateAI: ClimateAI provides climate and weather risk analytics for infrastructure operators, including utilities. It is an emerging peer in the intersection of physics/scenario modelling and grid risk management — a thinner overlap with Neara, but addressing the same buyer need for climate-resilient decisioning.
• Utilidata: Utilidata applies real-time AI/edge analytics on the electric distribution grid for voltage optimisation and DER integration. Comparable as an emerging grid-intelligence peer serving the same utility customers with adjacent grid-physics analytics, though focused on operational telemetry rather than Neara's design and asset-risk twin.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Neara_Global
• Facebookfacebook.com/nearaglobal
• LinkedInlinkedin.com/company/neara

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds6 records

Investors8 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neara