Developer of a microgrid analysis platform designed to analyze and identify optimal sites for distributed energy resources (DER). The company's platform facilitates rapid site discovery, portfolio-level analysis, and seamless transition to detailed site design, enabling users to maximize their return on investment and streamline energy management processes.
WattBuy is an online marketplace that assists residents in saving on electricity costs by facilitating the selection of cheaper electricity providers. Founded in 2017, the platform empowers users to make informed decisions about their home electricity expenses by enabling them to browse and choose from a variety of plans available in their area. As several state governments have deregulated the electricity market, homeowners in 14 states can now access over 50 electricity providers and plans tailored to their needs. WattBuy utilizes a personalized recommendation engine to help clients set up electricity plans that align with their preferences and usage, ultimately allowing them to switch to more cost-effective options. The company is supported by the Department of Energy and Techstars Accelerator.
Private Equity Round in 2020
Redaptive, Inc. is a company based in San Francisco, California, with additional offices in Dallas, Texas, and Boston, Massachusetts. Founded in 2013, Redaptive specializes in providing energy efficiency solutions through its Efficiency-as-a-Service (EaaS) platform. This platform enables organizations to enhance their real estate portfolios by implementing energy-saving upgrades such as HVAC and LED lighting, ultimately reducing utility costs. By taking a data-driven approach, Redaptive helps clients deploy energy efficiency measures across multiple sites, significantly lowering their energy bills. In 2017, the company reported that its customers achieved net savings of over $20 million on utility expenses. Redaptive's innovative service model removes common barriers to energy efficiency, allowing companies to make upgrades without upfront capital, while also promoting resource efficiency and smart building technologies.
Since their founding in 2011, ESS has been focused on laying the groundwork for a future powered by clean and reliable energy. With a team that boasts decades of experience in distributed power generation and energy storage technologies, ESS has developed an extremely cost-effective energy management system that combines a safe, abundant and non-toxic iron electrolyte with their patented flow cell design. This combination of high performance with low cost means that ESS’s technology is ideally suited for applications that range in size from retail energy management to utility-scale renewables integration.
Sunverge Energy Inc. is a company that develops and operates a cloud-based platform for the aggregation and management of distributed energy resources. It provides integrated solar solutions, including the Sunverge Solar Integration System (SIS) Release 1.2, which facilitates the distribution of renewable energy generation and storage, and the Sunverge SISport load management software, designed to help manage peak residential load. The company caters to a diverse clientele, including homeowners, small to medium-sized businesses, utilities, and electricity regulators. Founded in 2010, Sunverge is headquartered in San Francisco, California, with an additional office in Fortitude Valley, Australia. The company has formed strategic alliances with LG Electronics and Eaton to enhance its offerings.
Innowatts, Inc. develops software solutions for efficient energy management. Its product PowerEASE is used for load forecasting, energy risk optimization, and infrastructure planning. Its customers include, retail energy providers, regulated utility companies, regulatory and public policy boards, and residential communities. Innowatts, Inc. was founded in 2013 and is based in Houston, Texas.
Axiom Exergy Inc. is an energy storage company focused on developing innovative refrigeration batteries designed for supermarkets, cold-storage facilities, and food processors. Founded in 2014 and headquartered in Richmond, California, the company provides energy management solutions that include thermal energy storage retrofits and software for monitoring and managing energy use in refrigeration systems. Its products feature an optional integrated backup cooling system, which safeguards food from spoilage during power outages. Axiom Exergy also offers services related to energy management, thermal energy systems engineering, and hardware development, aiming to optimize energy consumption and reduce operational costs for commercial buildings with significant thermal loads.
Redaptive, Inc. is a company based in San Francisco, California, with additional offices in Dallas, Texas, and Boston, Massachusetts. Founded in 2013, Redaptive specializes in providing energy efficiency solutions through its Efficiency-as-a-Service (EaaS) platform. This platform enables organizations to enhance their real estate portfolios by implementing energy-saving upgrades such as HVAC and LED lighting, ultimately reducing utility costs. By taking a data-driven approach, Redaptive helps clients deploy energy efficiency measures across multiple sites, significantly lowering their energy bills. In 2017, the company reported that its customers achieved net savings of over $20 million on utility expenses. Redaptive's innovative service model removes common barriers to energy efficiency, allowing companies to make upgrades without upfront capital, while also promoting resource efficiency and smart building technologies.
ecobee, Inc. is a Canadian company based in Toronto that specializes in manufacturing Wi-Fi enabled smart thermostats and light automation equipment for both residential and commercial use. Founded in 2007, ecobee offers a range of products, including the SmartThermostat with voice control, ecobee3 lite, SmartSensor, and ecobee Switch+, all designed to enhance energy efficiency and provide remote access to temperature settings through a mobile application. These devices enable users to monitor and manage their energy consumption effectively, contributing to energy conservation while maintaining comfort in homes and offices. ecobee's products are available for purchase online, making them accessible to a wide audience.
Redaptive, Inc. is a company based in San Francisco, California, with additional offices in Dallas, Texas, and Boston, Massachusetts. Founded in 2013, Redaptive specializes in providing energy efficiency solutions through its Efficiency-as-a-Service (EaaS) platform. This platform enables organizations to enhance their real estate portfolios by implementing energy-saving upgrades such as HVAC and LED lighting, ultimately reducing utility costs. By taking a data-driven approach, Redaptive helps clients deploy energy efficiency measures across multiple sites, significantly lowering their energy bills. In 2017, the company reported that its customers achieved net savings of over $20 million on utility expenses. Redaptive's innovative service model removes common barriers to energy efficiency, allowing companies to make upgrades without upfront capital, while also promoting resource efficiency and smart building technologies.
Convergent Energy + Power is a technology-neutral energy storage asset developer with experience across a wide range of projects, from commercial and industrial applications to grid-connected systems. The company manages all aspects of the energy storage asset development cycle, including project-specific opportunity identification and economic evaluation, contract and financial structuring, engineering-procurement-construction, as well as operations and maintenance.
EnergySavvy, Inc. is a cloud software company that specializes in providing utility solutions focused on customer intelligence, engagement, and operational efficiency. Founded in 2008 and based in Seattle, with additional offices in Colorado and Massachusetts, EnergySavvy offers a range of cloud-based platforms and software products designed to enhance home energy management and reduce utility costs. Its key offerings include Program Optix and Online Audit applications, which assist utilities in running energy efficiency programs. The company also provides insights on home energy rebates, tax credits, and financing options, helping customers lower their energy consumption and carbon footprint. Nearly 40 utilities and state programs across the United States utilize EnergySavvy's solutions to improve customer experiences in a digital era. EnergySavvy operates as a subsidiary of Tendril Networks, Inc. since 2019.
Go Electric Inc. is a green technology company focused on developing energy solutions for facilities and utilities. Founded in 2011 and headquartered in Anderson, Indiana, with additional offices in Brooklyn and Honolulu, the company specializes in customer side of the meter energy systems. Its key product, AutoLYNC, is a microgrid and uninterruptible power system that synchronizes and optimizes multiple AC and DC power sources, providing reliable electrical power at the correct frequency, phase, and voltage. By integrating renewable energy, advanced batteries, and generators, Go Electric aims to reduce energy costs, enhance grid stability, and ensure energy security for various applications, including government, military, and industrial sectors in New York City.
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