End of Year Reflection
As this year comes to a close, we are taking our readers on a journey through 2021 in this 3-part reflection series written by VIA’s co-founders. The series covers the incredible milestones VIA has achieved in laying the foundation for big things ahead in 2022 as we Scale Up!
If any of you are Ted Lasso fans, you’ll know the philosophy that he lives by, “It’s not about winning or losing. It’s about being the very best versions of ourselves that we can be.” This year we definitely had our share of ups and downs. I, personally, am most proud of the positive attitude and resilience that our VIAneers demonstrated this year. Of course, it doesn’t hurt to win too!
This year VIA turned five. It seems like the perfect time to review in “ABC format” a few of our company wins. For D and E, see the blogs of VIA’s CSO, Jeremy Taylor, to learn more about the technical Distance we covered this year and COO, Kate Ravanis, to learn about Employee related milestones.
A is for Series A. Earlier this year, VIA closed our $10M Series A equity financing round. While cash is always good, we’re privileged to have what we consider to be the premier clean energy fund in North America to lead the round. We also had one of the top 3 largest Silicon Valley-based B2B software companies in the world co-invest. We think quality begets quality. It’s an honor to have this level of support and growth capital to continue to scale VIA. You’ll see investments in our people and technology as we continue to keep up with increased customer demand.
B is for Buildings (and infrastructure). Our mission is to enable cleaner, safer, more equitable communities. Buildings and infrastructure are clearly the biggest physical components of our communities. While infrastructure was in the headlines for almost the entirety of 2021, this is a sector where VIA started to gain traction last year. In 2020, we won a significant contract to support the efficiency and improve the quality of life of a community of 800 buildings by analyzing and monitoring daily the 15,000 associated subsystems (utilities, HVAC, etc.). That expanded this year and in 2022 you’ll see a ten-fold increase in the number of buildings and other critical infrastructure that we support.
C is for Customers. VIA’s customers doubled in 2021 and we are on track to double again in 2022. For our critical infrastructure application, JARVIS™, we were able to add Tyndall Air Force Base in Florida as a customer and in December have a new multi-million dollar award that we will announce fully in January.
It’s also the most positive endorsement of our value that two of our power customers have not only renewed their contracts but grown from an annual commitment to a three year contract. You’ll see new announcements in the first quarter of 2022 regarding our work with the U.S. Space Force. For obvious reasons, you won’t see anything about work that we won recently with a U.S. intelligence agency. Those are also both great endorsements of VIA’s value proposition: data analytics that’s cyber secure and privacy protected.
This past year was really a breakthrough year from a people, technology, and customer perspective. 2022 will be all about building on that base and continuing to scale. In the meantime, thank you all for your support in creating the solid foundation that VIA has laid. We sincerely wish all of you the very best to you and yours for 2022.