Arkion
Arkion is a Stockholm-based AI software company that provides computer-vision-based asset analytics for power grid operators, automatically detecting defects, classifying components, and analyzing LiDAR data across distribution and transmission networks in 40+ utility customers globally.
- Company typePrivate
- Founded2019
- HeadquartersStockholm, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Arkion does
Arkion Solutions AB is a Stockholm-based AI software company founded in 2019 that provides computer-vision-based asset analytics for power grid operators. Its platform processes 2D imagery, thermal scans, and LiDAR point clouds captured from drones, helicopters, and ground-based sensors to automatically detect defects, classify grid components, measure vegetation encroachment, and generate GIS-linked asset inventories for distribution and transmission networks.
The core platform combines more than 100 pre-trained AI models trained on millions of labeled power-grid images with a multi-tiered human-in-the-loop quality assurance process staffed by power grid specialists. It exposes a two-way RESTful API with native integrations into SAP, IBM Maximo, Trimble, and Esri ArcGIS, allowing inspection findings to flow directly into customer work-order and asset management systems. Solution packages address maintenance, vegetation management, asset inventory, and post-disaster assessment use cases, supported by ISO 9001/14001/45001 certifications and an ISO 27001 program in progress.
Arkion sells through a direct enterprise sales motion with quote-based multi-year contracts to utility customers globally. The company serves more than 40 utilities across Europe (including E.ON Sweden, Elvia, Piteå, Arva in Norway, ESB Networks in Ireland, and RTE France), the Americas (Energisa in Brazil), Asia, and Oceania, with marquee engagements such as the Energisa deployment covering 2.2 million structures and 850,000 annual inspections across a 95-drone fleet. The company has raised over $10 million across multiple rounds from Antler, Subvenio Invest, Neptunia Invest, and others, and operates with 11-50 employees.
Arkion firmographics
Firmographics- Name
- Arkion
- Legal name
- Arkion Solutions AB
- Website
- https://arkion.co
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Arkion is a Stockholm-based AI software company that provides computer-vision-based asset analytics for power grid operators, automatically detecting defects, classifying components, and analyzing LiDAR data across distribution and transmission networks in 40+ utility customers globally.
- Ownership category
- akta.pro rank
Arkion industry classification
Industry- Product category
- Grid Inspection Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Autonomy Software, AI & Mission Management (UAS/UXV) (IMABAIAH)
- akta.pro secondary industry
- AI/Analytics Video Surveillance (Detection, LPR, People Counting) (HSAHACAF)
Keywords
Where Arkion is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices1 record
Markets served
Arkion business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- SaaS/Platform Subscription: Cloud-based AI analytics platform delivered as a subscription service. The platform is accessed via browser with analysis, visualization, and reporting capabilities. Pricing appears quote-based given the enterprise nature of the product.
- Professional Services: Onboarding services including data review, pilot analysis, and scale-up implementation. Human-in-the-loop quality assurance provided as part of service agreements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Enterprise subscription with custom pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Arkion product offering
Product offeringCore offering
Arkion provides a cloud-based AI asset analytics platform that ingests 2D, thermal, and LiDAR inspection data from drones, helicopters, and ground-based sensors and converts it into structured defect, component, and vegetation insights for power grid operators. The offering combines more than 100 pre-trained computer vision models, human-in-the-loop quality assurance, and bi-directional API integrations with enterprise asset management and GIS systems, sold as enterprise subscriptions bundled with onboarding and professional services.
Product overview
Arkion offers a unified AI-powered asset analytics platform for power grid inspection and condition management. The core Arkion Platform serves as the central hub, complemented by four platform features (Visualization, Integrations, Security, Quality Assurance) and four AI/data features (Defect Detection, Component Detection, LiDAR Analysis, Image Anonymization). The platform addresses four key use cases through dedicated solutions: Maintenance, Vegetation Management, Asset Inventory, and Post-Disaster Assessments, serving both Distribution and Transmission grid sectors. The architecture combines computer vision AI models trained on millions of power grid images with human-in-the-loop quality assurance to deliver actionable insights for grid operators.
Differentiator
Problem solved
Functional benefit
Products and services
- Arkion Platform Cloud-based AI asset analytics platform that transforms 2D, thermal, and LiDAR inspection data from drones, helicopters, and ground-based sensors into precise, actionable insights for power grid condition management. Sold via subscription with bundled onboarding services to enterprise utility customers.
- Distribution Grid Solution AI-powered analysis solution for low- and medium-voltage distribution networks, enabling defect detection, vegetation management, and maintenance planning across distribution infrastructure for DSOs.
- Transmission Grid Solution AI-powered analytics for high-voltage transmission and sub-transmission lines, analyzing millions of images, thermal scans, and LiDAR points to uncover faults on lattice structures, insulators, and fittings before they cause major failures.
- Maintenance Solution Predictive maintenance solution that analyzes inspection data to detect component defects early, prioritize work orders, and optimize maintenance schedules, reducing downtime and improving network reliability.
- Vegetation Management Solution Vegetation analysis solution that detects and measures vegetation proximity, clearance, and risk zones automatically using LiDAR and imagery, helping utilities prevent outages and ensure safety compliance.
- Asset Inventory Solution Asset inventory solution that automatically identifies, classifies, and maps every component in the power grid, creating verified, GIS-linked asset databases for reporting and maintenance planning.
- Post-Disaster Assessment Solution Rapid damage assessment solution that processes visual and LiDAR inspection data to locate, classify, and prioritize damage within hours of capture, helping teams restore service faster and safer after storms or other events.
Quantifiable outcome
- 5-8x more critical defects found per inspection
- +6 more outcomes
Companies that use Arkion
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Arkion technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability7 records
Feature8 records
Arkion partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- AirpelagocoreAirpelago provides autonomous drone inspection services for Arva's grid network. Arkion partners with Airpelago to deliver end-to-end inspection solutions combining drone data capture with AI-powered analytics. This partnership enables comprehensive drone-based inspection programs including autonomous data collection and automated condition analysis.
- SAPcoreIntegration partner for asset management system connectivity. Arkion's platform integrates with SAP to automatically generate work orders and push inspection findings directly into SAP-based asset management workflows.
- TrimblecoreIntegration partner for asset management system connectivity. Arkion's platform integrates with Trimble solutions to enable seamless data flow between inspection analytics and field operations management.
- Maximo (IBM)coreIntegration partner for enterprise asset management. Arkion connects to IBM Maximo to enable utilities to push inspection findings and defect data directly into Maximo work order systems.
- ArcGIS (Esri)coreIntegration partner for GIS connectivity. Arkion's platform integrates with ArcGIS for geographic information system integration, enabling spatial analysis and map-based visualization of grid inspection data.
- Data Capture PartnersminorInternational network of vetted data-capture partners who assist with flight planning, data collection via drone, helicopter, or ground-based methods, and secure upload to the Arkion platform. Partners are vetted for safety, regulatory compliance, and quality standards.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Arkion competitors and assessment
Company assessmentDirect peers
- Sharper Shape: Direct competitor offering AI-driven drone inspection and analytics for power transmission and distribution utilities across Europe and North America. Highly comparable in target customer, modality (drone + LiDAR), and AI defect-detection approach.
- Optelos: AI-powered visual asset inspection platform for utilities, telecom, and infrastructure. Directly comparable as a SaaS analytics layer for drone-captured imagery with defect and asset detection models.
- PrecisionHawk: Drone-based infrastructure inspection and AI analytics provider for utilities, energy, and agriculture. Comparable in end-to-end drone-to-AI workflow for power grid assets.
Emerging players
- Skyven Technologies: AI analytics platform for utility and oil & gas infrastructure inspection using drone and satellite imagery. Comparable in computer vision defect detection focus but serves adjacent verticals.
- DroneDeploy: Drone inspection software platform with AI-driven asset analysis, used in construction and increasingly in utilities. Comparable drone data capture + AI analytics stack though broader in vertical focus.
- UAV Vision / ULC Technologies: Robotic inspection systems and AI analytics for utility infrastructure including power lines and substations. Comparable niche focus on power grid inspection with robotics and AI.
Broad incumbents
- Trimble (Utilities): Enterprise asset management and GIS vendor with deep utility customer footprint. Comparable as both a partner and potential competitor offering utility asset analytics within broader portfolio.
- Esri ArcGIS (Utility Network): Dominant GIS platform used by utilities for asset mapping and field operations. Comparable as an integration partner and adjacent incumbent with growing AI imagery analytics.
- Cyient: Global engineering services and digital solutions provider serving utilities with asset management, GIS, and inspection analytics. Comparable enterprise utility customer base and integration profile.
Regional players
- Airpelago: Autonomous drone inspection services for utilities in the Nordics, partnered with Arkion for end-to-end grid inspection. Comparable as ecosystem participant in Nordic power-grid drone-to-AI workflow.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Arkion social profiles
Digital presenceArkion compliance and trust
Trust signalCompliance7 records
Arkion financial estimates
Financial estimateRevenue estimate
Valuation estimate
Arkion leadership team
Management profileNumber of profiles
Profiles3 records
Arkion funding detail
Funding detailFunding overview
Funding rounds7 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Arkion M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Arkion
What does Arkion do?
Arkion provides a cloud-based AI asset analytics platform that ingests 2D, thermal, and LiDAR inspection data from drones, helicopters, and ground-based sensors and converts it into structured defect, component, and vegetation insights for power grid operators. The offering combines more than 100 pre-trained computer vision models, human-in-the-loop quality assurance, and bi-directional API integrations with enterprise asset management and GIS systems, sold as enterprise subscriptions bundled with onboarding and professional services.
Is Arkion a public or private company?
Arkion is a private company. It is classified as venture growth investor backed and is currently operating.
When was Arkion founded?
Arkion was founded in 2019. It employs 11 to 50 people.
Where is Arkion based?
Arkion is headquartered in Stockholm, Sweden, in the Europe region.
How does Arkion make money?
Two revenue lines are on record. SaaS/Platform Subscription is the primary driver. The others are professional Services.
Who are Arkion's main competitors?
Direct peers on record are Sharper Shape, Optelos and PrecisionHawk. Emerging players are Skyven Technologies, DroneDeploy and UAV Vision / ULC Technologies. Broad incumbents are Trimble (Utilities), Esri ArcGIS (Utility Network) and Cyient. Airpelago is listed as a regional player.
Does Arkion have an API?
Yes. Arkion offers a secure two-way RESTful API that enables system-to-system communication. The API supports flexible data exchanges including custom exports in CSV or Excel formats, bi-directional data flow for feedback on AI results, and seamless data uploads for grid maps with power line stretches and pole/tower locations. Common integrations include SAP, Trimble, Maximo, and ArcGIS through this API. Developer documentation is at www.arkion.co/product/integrations.
What industry is Arkion in?
Arkion's product category is Grid Inspection Software. Its primary akta.pro industry code is IMABAIAH, Autonomy Software, AI & Mission Management (UAS/UXV), with a secondary code of HSAHACAF, AI/Analytics Video Surveillance (Detection, LPR, People Counting). Its NAICS code is 51821 and its SIC code is 7372.