MassMutual backs HData

HData has raised an investment from MassMutual Ventures to scale its regulatory intelligence platform for the energy sector. The company provides AI-driven tools that help utilities, regulators, and energy companies analyze regulatory filings and navigate complex approval processes.

Through its Climate Technology Fund, MassMutual Ventures backs companies focused on electrification, grid optimization, and resource efficiency. The firm is a subsidiary of MassMutual, which manages more than $500 billion in assets.

Timothy Krysiek, managing partner at MassMutual Ventures, will join HData’s board as an observer. He previously led Americas investments at Equinor Ventures.

“Utilities are projected to invest up to a trillion dollars in U.S. infrastructure by the end of this decade and regulatory processes will play a critical role in determining how that capital is spent. We believe that integrating AI into these workflows can create immense value for utilities, developers, regulators, and corporate energy managers. Reducing regulatory complexity can help accelerate the modernization of a cleaner, more efficient power grid.” – Timothy Krysiek, Managing Partner at MassMutual Ventures.

“Working with MassMutual Ventures brings us new opportunities to expand across verticals in the energy ecosystem that benefit from more efficient regulation. They also provide a strong network for future growth capital, plus expertise in the energy sector that we’re thrilled to add to our team.” – Hudson Hollister, HData CEO and co-founder.