Powerhouse

Founded in 2013, Powerhouse is an innovation firm that supports seed-stage startups developing software to accelerate decarbonization in global energy and mobility systems. It offers a 6-month program, investing $50,000 to $250,000 for equity stakes.

Past deals in Utilities

Helio Home

Seed Round in 2021
Helio is a company focused on facilitating the transition from fossil fuels to complete electrification of homes. It operates an innovative online platform that provides customers with a straightforward and cost-effective approach to achieve whole-home electrification. The platform integrates various systems including solar energy, heating and cooling, electrical systems, insulation, and ventilation, ensuring a holistic design for energy efficiency. By promoting the use of electric solutions, Helio aims to help customers reduce their carbon footprints and minimize reliance on fossil fuels, contributing to a more sustainable future.

Pearl Street Technologies

Pre Seed Round in 2021
Pearl Street Technologies develops a simulation, optimization, and design platform for power grid planning. Its SUGAR platform uses advanced circuit simulation methodologies to analyze and optimize grids, enabling utilities and stakeholders to prepare for renewable energy integration.

WattBuy

Series A in 2020
WattBuy is a technology company focused on providing households with access to cleaner and more affordable electricity. Headquartered in New York City, Washington D.C., and Seattle, the company comprises a team of product leaders and engineers with backgrounds from major tech firms. WattBuy has developed an electricity management platform that allows users to take control of their electricity consumption. Through a personalized recommendation engine, the platform helps residents select electricity plans tailored to their preferences and usage patterns, enabling them to save money and switch to the most cost-effective suppliers in their regions. The company's mission centers on leveraging technology to address energy inequality and contribute positively to climate change.

Amperon

Seed Round in 2020
Amperon is a technology company that provides real-time energy data forecasting and analytics using artificial intelligence and smart meter data. The platform delivers real-time electricity demand forecasts and grid intelligence for utilities, energy retailers, grid operators, and institutional traders to optimize operations, manage risks, and support decarbonization. By leveraging vast smart meter datasets, Amperon translates granular energy usage into actionable insights to improve grid reliability and reduce energy costs. The company is based in New York and serves clients across the energy sector.

WattBuy

Seed Round in 2019
WattBuy is a technology company focused on providing households with access to cleaner and more affordable electricity. Headquartered in New York City, Washington D.C., and Seattle, the company comprises a team of product leaders and engineers with backgrounds from major tech firms. WattBuy has developed an electricity management platform that allows users to take control of their electricity consumption. Through a personalized recommendation engine, the platform helps residents select electricity plans tailored to their preferences and usage patterns, enabling them to save money and switch to the most cost-effective suppliers in their regions. The company's mission centers on leveraging technology to address energy inequality and contribute positively to climate change.

SHYFT Power Solutions

Seed Round in 2018
SHYFT Power Solutions develops an integrated hardware and software platform to monitor, manage, and control distributed energy resources from mobile and cloud interfaces. Its core offering, the SHYFT system, combines a hybrid smart meter and transfer switch to enable IoT-driven energy management that automatically transitions between the grid and backup sources. The company provides software that allows users to monitor, meter, and control power sources across sites, supporting residential, commercial, and industrial deployments. SHYFT focuses on industrial IoT and the orchestration of distributed energy resources to improve energy efficiency, resilience, and cost savings, with initiatives to expand decentralized power systems in markets with unreliable infrastructure.

SparkMeter

Seed Round in 2018
SparkMeter develops smart electricity metering systems and grid management software for underserved markets. Its products include residential and commercial meters, along with software solutions that enhance grid efficiency, enable prepaid billing, and facilitate remote monitoring. Founded in 2012, SparkMeter operates from Washington D.C. and Nairobi, Kenya.

UtilityAPI

Pre Seed Round in 2014
UtilityAPI automates the collection of utility bill and usage data from web portals, serving over 300 companies for tasks like quote generation, feasibility analysis, and asset management.
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