As the Drive to Digitization Grows, So Are We: vHive’s Expansion Mirrors Industry Shifts
vHive was founded in 2016, and for the last six years we’ve been focused on developing the most complete and sophisticated Digital Twin solution on the market for a global customer base. We’ve raised more than $36 million, including a Series B raise of $25 million in April of 2022. Over time, our drone-enabled, end-to-end Digital Twin solution has evolved to support use cases throughout enterprise organizations: from planning a merger or acquisition to AI-powered visual inspections, accurate billing, engineering, operations, and more.
In recent months as we’ve gone back to in-person events and had more opportunity to connect with the industry, we’ve heard from all sides that the tower industry is more committed than ever to asset digitization and the adoption of solutions that offer operational efficiencies. Automation tools and Digital Twin technology is becoming an industry standard. Companies are no longer waiting to design multi-year and multi-million-dollar projects but are jumping in with targeted implementations that can be scaled organically throughout the organization. vHive is one of the only companies in space offering a turnkey Digital Twin solution: starting with autonomous, drone-enabled data capture that ensures consistency and accuracy and ending with AI-powered business insights that benefit an entire organization. vHive makes it easy to get started and integrate Digital Twins into workflows and realize benefits quickly. As the adoption of Digital Twin technology gains momentum, vHive is growing to support our new customer base and to help our existing customers expand their digital transformation throughout the organization to realize even more value from the vHive platform.
vHive plans to increase significantly our company by the end of the year, across the organization. We’re growing our sales and account management teams in all regions, adding operations staff, and continuing to expand our deep investment in research and development. By ramping up our team, we’ll continue to be able to offer the holistic, efficient support and groundbreaking technology that have made us the leading name in the industry.
We’re excited to see what the next year brings as we enter this next phase of our business. If you’re a dedicated professional interested in joining us at the forefront of the digital revolution, see all our open positions here and please reach out to email@example.com