Evergy Ventures

Established in 2015, Evergy Ventures is the venture capital arm of Evergy. It focuses on investing in growth-stage and early-stage companies within the energy sector, with a particular interest in customer energy solutions, energy infrastructure industries, renewables services, and related areas. The firm prefers to invest using equity and debt instruments, primarily in North American companies.

Dennis Odell

Vice President, Head of Evergy Ventures and Co-Founder

Brock Smith JD

Managing Director

Past deals in Electric Grid

ConnectDER

Series D in 2024
ConnectDER is a solar technology company based in Philadelphia, Pennsylvania, founded in 2011. It specializes in designing and manufacturing meter collars that facilitate the connection of distributed energy resources (DERs) such as solar photovoltaic systems, battery storage, and electric vehicle charging to residential homes and the grid. By transforming the electricity meter socket into an interconnection point, ConnectDER enhances the integration and management of DERs. The company also offers ConnectDER Cloud, a system that allows fleet operators to access metering data, manage operational parameters, and control firmware remotely. This technology improves the efficiency and resilience of home energy systems while benefiting users, the grid, and the environment.

ConnectDER

Series C in 2023
ConnectDER is a solar technology company based in Philadelphia, Pennsylvania, founded in 2011. It specializes in designing and manufacturing meter collars that facilitate the connection of distributed energy resources (DERs) such as solar photovoltaic systems, battery storage, and electric vehicle charging to residential homes and the grid. By transforming the electricity meter socket into an interconnection point, ConnectDER enhances the integration and management of DERs. The company also offers ConnectDER Cloud, a system that allows fleet operators to access metering data, manage operational parameters, and control firmware remotely. This technology improves the efficiency and resilience of home energy systems while benefiting users, the grid, and the environment.

Innowatts

Series B in 2019
Founded in 2013, Innowatts specializes in data analytics for the energy sector. Its eUtility™ platform leverages machine learning and meter-level data to help energy retailers and utilities worldwide manage grids, enhance profitability, improve customer relationships, and promote sustainability.

Grid Assurance

Funding Round in 2018
Grid Assurance is a Kansas City-based provider of grid recovery and resilience services focused on electric transmission and grid restoration. The company offers access to critical, long-lead-time transmission equipment that is securely stored and readily deployable when needed, enabling rapid response during outages. Its offerings are designed to complement existing sparing programs and established industry solutions, helping utilities and other stakeholders enhance grid resilience and reduce downtime during restoration efforts. Founded in 2016, Grid Assurance operates to support reliable power delivery by providing scalable, cost-effective resources that can be mobilized to restore service after outages.

Convergent Energy and Power

Funding Round in 2018
Convergent Energy and Power is a developer of energy storage assets, focusing on clean energy solutions. The company specializes in commercial and industrial applications to grid-connected systems, managing all aspects of the development cycle from project identification to operations.
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