6 years ago
Shepherd Network Raises £2 Million in Series A Funding Led by Earthworm
Shepherd Network, a UK-based provider of cloud-based analytics platforms and sensor-monitoring services, has secured £2 million in Series A funding from Earthworm, an investor focused on sustainable projects
The funding will be used to grow the business, including expanding its sales team and refining its machine-learning capabilities
Stephen Chadwick has been appointed as the new CEO of Shepherd Network, replacing founder Will Brocklebank, who will remain as executive chairman.
ProblemTechnology
"Reducing inefficiencies in the built environment by analysing energy usage, asset performance and environmental benchmarks, turning data into maintenance actions to reduce losses and breakdowns."
Solution
"A cloud-based analytics platform that uses intelligent alerting and risk scoring to proactively prevent harm to the environment and health from leaks, failures and sub-standard asset performance."