# Neara

> Neara is a Sydney-founded software company that builds physics-enabled digital twins of utility networks. By combining LiDAR, satellite imagery, sensor data, AI and engineering-grade physics simulation, it creates geometrically accurate 3D replicas of power grids so utilities can model how their assets behave under real-world stress - wildfires, floods, storms, heat and rising demand. The platform lets operators find spare grid capacity, mitigate risk, plan maintenance and connect renewables faster, often replacing months of manual field inspection with analysis that runs in minutes. In February 2026 Neara raised an AUD $90 million Series D, reaching a roughly AUD $1.1 billion valuation to become one of Australia's newest unicorns.

- **Founded:** 2016
- **Headquarters:** Sydney, Australia
- **Founders:** Daniel Danilatos (Founder & CEO (former Google software engineer)), Karamvir Singh (Co-founder & Chief Product Officer), Jack Curtis (Co-founder & Chief Commercial and Operations Officer)
- **Team size:** ~150 employees
- **Products:** Physics-Enabled Digital Twin Platform, Wildfire Mitigation, Severe Weather & Flood Response, Network Capacity & Optimization, Asset Management & Reliability
- **Notable:** Reached ~AUD $1.1 billion valuation in February 2026, becoming one of Australia's newest tech unicorns., Raised an AUD $90 million Series D led by TCV; ~AUD $180 million raised to date., Modeled ~15 million assets across more than 3 million kilometers of network on four continents.

## Products & services

- **Physics-Enabled Digital Twin Platform** — Cloud platform that builds geometrically accurate 3D replicas of entire utility networks from LiDAR, satellite imagery, sensor data and AI, then runs engineering-grade physics simulation at the asset level.
- **Wildfire Mitigation** — Automatically identifies vegetation and clearance-driven fire risk across the network and directs inspection crews to the highest-risk spans, reducing manual field exposure.
- **Severe Weather & Flood Response** — Simulates how floods, storms, hurricanes, snow and ice will affect the network, using precise elevation modeling to prioritize response and speed restoration.
- **Network Capacity & Optimization** — Finds underutilized grid capacity so utilities can connect more renewables and load without unnecessary rebuilds, accelerating the energy transition.
- **Asset Management & Reliability** — Models pole loading, conductor clash and asset health to support proactive maintenance, replacement planning and reliability programs.
- **Design & Construction** — Engineering-grade design and analysis for distribution and transmission projects, helping utilities bring new infrastructure online faster.

## Achievements

- Reached ~AUD $1.1 billion valuation in February 2026, becoming one of Australia's newest tech unicorns.
- Raised an AUD $90 million Series D led by TCV; ~AUD $180 million raised to date.
- Modeled ~15 million assets across more than 3 million kilometers of network on four continents.
- Works with close to 90% of Australia's network utilities.
- Enabled SA Power Networks to cut post-flood line analysis from months to ~15 minutes and restoration from ~3 weeks to ~5 days.
- Reports helping utilities bring new infrastructure online up to 85% faster.

## Latest updates

- **2026-02** — Closed an AUD $90 million Series D led by TCV, reaching a ~AUD $1.1 billion valuation and unicorn status.
- **2024-02** — Detailed how utilities use Neara's AI digital twins to prepare for floods, wildfires and storms; reported SA Power Networks' 15-minute analysis of 21,000 spans.
- **2023-09** — Announced a multi-year partnership with Southern California Edison for wildfire risk mitigation and vegetation management.

## Links

- Website: https://neara.com
- LinkedIn: https://www.linkedin.com/company/neara
- Twitter/X: https://twitter.com/Neara_Global

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Profile page: https://yespress.io/neara
Published by YesPress — https://yespress.io
Last updated: 2026-07-25