What Aerinet Solutions does

Aerinet Solutions Corporation, founded in 2011 and headquartered in Daytona Beach, Florida, is a privately held, bootstrapped software company that builds AI-powered analytics platforms for the electric utility sector. Its core product, PwrMetrix®, is a reliability intelligence and reporting platform used by 230+ electric utilities worldwide to analyze outages, calculate SAIDI/SAIFI metrics, generate RUS regulatory filings, and visualize feeder and substation performance via GIS. The platform is protected by US Patent 10,592,564 and integrates with utility operational systems (OMS, AMI, SCADA, GIS) through certified MultiSpeak interoperability, allowing Aerinet to ingest real-time data across the cooperative utility ecosystem.

The product portfolio is structured as a core platform plus AI-driven modules and services. NORA (Network Operations & Reliability Assistant) is a generative AI assistant that synthesizes outage, GIS, AMI, financial, weather, and engineering data into a conversational interface; EDDAS provides peer benchmarking against a national reliability database; and PwrXchange delivers AI-powered financial optimization for Generation & Transmission cooperatives operating wholesale local markets. Report as a Service (RAAS) provides push-based regulatory and operational reporting, while a consulting practice combines data analytics with grant strategy — having helped clients win over $1 billion in federal and state grants at a 50% win rate from 2022 to 2024.

Aerinet primarily serves rural electric distribution cooperatives, G&T cooperatives, and municipal utilities across the United States, with potential international reach through the MultiSpeak ecosystem. Distribution is sales-led via direct enterprise outreach, industry conferences, and NRECA channel partnerships; pricing is quote-based on multi-year subscriptions, with usage-based billing for RAAS. Strategic alliances include NRECA, MultiSpeak, the DOE/ORNL ODIN program, and a 2020 joint venture with Genetica Corporation combining PwrMetrix with Cortex AI for prescriptive analytics.

Name

Aerinet Solutions

Legal name

Aerinet Solutions Corporation

Website

https://aerinet.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Aerinet Solutions Corporation builds the PwrMetrix® AI-powered reliability analytics platform and related modules (NORA, EDDAS, PwrXchange, RAAS) for electric cooperatives, G&T cooperatives, and municipal utilities, with 230+ utility customers and grant consulting services.

Ownership category

akta.pro rank

Product category

Utility Grid Reliability Analytics Software

NAICS

Computer Systems Design and Related Services (54151), Other Computer Related Services (541519)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Outage Management System (OMS) Software (EUADAEAC)

akta.pro secondary industries

Observability, Monitoring & AIOps (BPAEAKAG), Service Reliability Engineering (SLO/SLI) & Reliability Analytics (HDABAJAL)

Keywords

• Electric utility analytics
• Grid reliability software
• Outage prediction platform
• Cooperative utility SaaS
• Energy reliability reporting

Headquarters

HQ city

Ashburn

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Software Platforms (PwrMetrix, NORA): Recurring revenue from proprietary AI-powered platforms supporting reliability reporting, operational intelligence, and cost optimization. Multi-year customer contract structures with recurring income.
2. Report as a Service (RaaS): Standardized and custom reports delivered on subscription basis. Services include RUS Form 7, annual performance reports, state-specific filings, and board-ready executive summaries.
3. Grant Support and Implementation: Aerinet helps utilities pursue federal and state funding opportunities using local data and supports execution of awarded projects. Consultants have won over $1 billion in grants for clients.
4. Consulting and Optimization Services: Long-term advisory engagements focused on reliability improvement, utility performance, operational efficiency, and measurable savings. Includes data analysis, outage training, MultiSpeak consulting, and resiliency grant support.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Core offering

Aerinet Solutions sells AI-powered SaaS platforms and advisory services that help electric cooperatives, G&T cooperatives, and municipal utilities analyze outage data, predict future outages, benchmark reliability against peers, and comply with RUS regulatory reporting requirements. Core products include the PwrMetrix reliability intelligence platform (with US Patent 10,592,564), NORA generative AI assistant, EDDAS benchmarking, PwrXchange financial optimization, and Report as a Service (RAAS). The company also provides grant consulting and implementation services that have won over $1.04 billion in federal and state funding for utility clients.

Product overview

Aerinet Solutions offers a platform-plus-modules architecture centered on its PwrMetrix® reliability intelligence platform. The core platform provides outage analytics, benchmarking, and predictive AI capabilities. Additional AI-powered modules include NORA (generative AI assistant), EDDAS (energy derivative benchmarking), and PwrXchange (financial optimization). The company also provides Report as a Service (RAAS) for push reporting and consulting services including grant support, data quality management, and MultiSpeak integration. Products are designed for electric cooperatives, utilities, and G&T organizations to improve reliability, reduce outages, and optimize costs.

Differentiator

Problem solved

Functional benefit

Brands

• PwrMetrix: Reliability Intelligence and Reporting Platform for electric utilities supporting SAIDI/SAIFI analysis, RUS Form 7, and board-level summaries with US Patent 10,592,564
• NORA
• EDDAS
• PwrXchange
• RAAS
• Grant Consulting

Products and services

• PwrMetrix Core reliability intelligence and reporting platform providing outage analytics, SAIDI/SAIFI benchmarking, predictive analysis, and GIS visualization. Used by 230+ electric utilities for real-time reliability reporting, RUS Form 7 Part G compliance, and cost optimization. Covered by US Patent 10,592,564 for real-time data ingestion and global comparison of utility outage data, cost, and reliability metrics.
• NORA (Network Operations & Reliability Assistant)

Quantifiable outcome

• 230+ electric utilities using PwrMetrix platform for reliability tracking
• +5 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability8 records

Feature6 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Genetica CorporationcoreStrategic or Co-development Partner · 27 February 2020Joint venture established February 27, 2020 in Chicago, IL to redefine power utilities' 24/7 operations and business intelligence. Combines Aerinet's PwrMetrix ecosystem with Genetica's Cortex AI platform for real-time AI and prescriptive analytics. Partnership brings together state-of-the-art AI and prescriptive analytics platform for improved data analytics, reliability benchmarking, logistics, and strategic planning.
• NRECA (National Rural Electric Cooperative Association)coreStrategic or Co-development PartnerNRECA promotes PwrMetrix as the RBG (Reliability Benchmarking Group) webapp. NRECA Business and Technology Strategies (BTS) department supports cooperative adoption. Tony Thomas of NRECA BTS leads reliability benchmarking initiatives. MultiSpeak standard developed in coordination with NRECA.
• MultiSpeakcoreTechnology or IntegrationAerinet is a certified MultiSpeak Integrator. MultiSpeak is an interoperability standard used by 800+ electric cooperatives, investor-owned utilities, municipals, and public power districts in 21+ countries. Enables real-time data exchange between PwrMetrix and utility systems (OMS, GIS, AMI, SCADA).
• Department of Energy (DOE) / Oak Ridge National Laboratory (ORNL)coreStrategic or Co-development PartnerDOE Office of Electricity hired Aerinet for nationwide Outage Data Initiative Nationwide (ODIN) project. Aerinet providing project management and technical support to explain MultiSpeak interoperability data standard. Goal: comprehensive, standardized digital map of power outages with actionable near real-time updates. ORNL leading ODIN project; DOE selected Aerinet based on MultiSpeak expertise.
• DOE Grant Program ClientsminorOthersClients who have won grants through Aerinet's grant support services. Applied for 22 applications, won 11 grants from 2022-2024 with 50% win rate from federal and state DOE grants. Over $1.04B in grants awarded to clients.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Itron: Itron is a large incumbent providing metering, AMI, and utility analytics solutions globally. Broad incumbent competitor offering overlapping reliability analytics within a much wider product portfolio.
• Esri: Esri's ArcGIS platform underpins utility GIS and asset visualization used alongside reliability analytics. Comparable as a major incumbent in utility GIS mapping that Aerinet integrates with via its visualization features.
• Oracle Utilities: Oracle Utilities delivers a broad suite of CIS, MDM, and grid operations software for investor-owned and cooperative utilities. Broad incumbent competitor with adjacent reliability and operational modules.
• Landis+Gyr: Landis+Gyr provides smart metering, grid intelligence, and utility IoT solutions for global utilities. Broad incumbent offering reliability and analytics capabilities as part of a wider smart-grid portfolio.

Emerging players

• Bidgely: Bidgely provides AI-based energy disaggregation and customer analytics for utilities. Comparable as an AI-native analytics platform addressing utility operational and customer intelligence, with adjacent rather than identical product focus.
• AI4Grid: AI4Grid applies AI to grid analytics and outage prediction for distribution utilities. Comparable emerging AI-native player focused on similar reliability and outage use cases for utility customers.

Direct peers

• CopperTree Analytics: CopperTree Analytics applies AI and non-intrusive load monitoring to electric utilities for equipment health and consumption analytics. Closely comparable AI-driven utility analytics offering with overlapping reliability and operational use cases.
• Sentient Energy: Sentient Energy provides grid sensors and analytics for distribution utilities focused on fault detection and outage prediction. Directly comparable as a grid reliability analytics vendor serving distribution cooperatives and IOUs.
• Power Factors: Power Factors provides SaaS asset performance management and predictive analytics for renewable energy and utility operators. Comparable as a vertical SaaS analytics platform serving utility customers with reliability and operational intelligence.
• Smarter Grid Solutions: Smarter Grid Solutions offers DERMS and grid management software for distribution utilities. Comparable as a grid optimization software vendor targeting utilities with operational intelligence and integration capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCKdGRJ1xiXKPjRxH-AHx9-g
• LinkedInlinkedin.com/company/aerinet
• Xx.com/PwrMetrix

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Aerinet Solutions