SE Ventures

SE Ventures (SEV) is a venture capital fund based in Menlo Park, California, established in partnership with Schneider Electric. With $565 million in assets under management, SEV invests in innovative companies that leverage Schneider Electric's extensive expertise in energy management and automation. The fund targets entrepreneurs in diverse sectors such as energy, mobility, cybersecurity, IoT, industrial automation, and software as a service (SaaS). SEV aims to act as an advisor and strategic partner to its portfolio companies, which include notable firms like Anyvision, Claroty, and Volta. By supporting these ventures, SEV seeks to contribute to the development of a sustainable and digital future.

Frédéric Abbal

Executive Vice President Services Business

Grant Allen

General Partner

Amit Bhalla

Head of Investor Relations

Phil Buller

Investor Relations Director

Alexis Denaud

Investor Relations Director

Varun Jain

General Partner

Brad Jones

Principal

Maya Lusk

Principal

Past deals in Energy Management

Titan Advanced Energy Solutions develops advanced battery management systems specifically for lithium-ion batteries. The company’s flagship product, ionView, utilizes patented ultrasound technology to achieve over 99% state-of-health and state-of-charge accuracy throughout the battery's lifespan. This technology offers significant enhancements, including at least a 20% increase in charge capacity and a 125% extension of battery life. Titan’s solutions also incorporate safety monitoring, real-time cell-level monitoring, and balancing capabilities, making them suitable for a variety of applications in the automotive, energy storage, and consumer electronics sectors. Founded in 2016 and headquartered in Somerville, Massachusetts, Titan Advanced Energy Solutions aims to provide significant advantages to manufacturers, integrators, and end-users while maintaining competitive pricing compared to traditional battery management solutions.

Autogrid

Series D in 2021
AutoGrid Systems, Inc. specializes in developing software applications for the energy sector, focusing on the management of distributed energy resources (DERs). The company's flagship products, including AutoGrid Flex and AutoGrid Engage, utilize artificial intelligence and machine learning to optimize and control energy resources in real time. AutoGrid Flex features modules for demand response optimization, virtual power plants, and energy storage management, while AutoGrid Engage serves as a customer energy data platform. By leveraging extensive data from smart meters and sensors, AutoGrid's applications enable utilities and energy service providers to deliver affordable, clean, and reliable energy. Established in 2010 and based in Redwood City, California, with additional offices in India, Japan, and the Netherlands, AutoGrid collaborates with notable clients such as Shell, FPL, and Xcel Energy, employing advanced analytics to address pressing energy challenges.

Dash Energy

Funding Round in 2021
Dash Energy, Inc. is a technology startup based in Austin, Texas, founded in 2019. The company has developed a platform designed to streamline the buying and selling of energy, making the process more efficient and user-friendly. By facilitating the addition of energy data, submission and comparison of bids, and export capabilities to Excel, Dash Energy connects energy brokers with suppliers. This innovative approach aims to modernize the energy market, enabling participants to transact with greater speed, intelligence, and confidence.

Energetic Insurance

Series A in 2021
Energetic Insurance, Inc. is an InsurTech company based in Boston, Massachusetts, founded in 2016. The company specializes in providing solar insurance solutions aimed at mitigating credit and counterparty risks associated with commercial and industrial solar photovoltaic projects. Its flagship product, EneRate, offers coverage for third-party solar developers and asset owners, protecting them against payment default risks and revenue losses when off-takers fail to meet their Power Purchase Agreement (PPA) obligations. Additionally, Energetic Insurance has developed a systematic approach to address off-taker payment defaults, thereby facilitating solar financing for organizations that are unrated or classified as below investment grade. This innovative, data-driven methodology aims to enhance risk management within the renewable energy sector, promoting increased project deployment and capital investment in solar initiatives.

Uplight

Private Equity Round in 2021
Uplight is provider of end-to-end customer-centric technology solutions. Born from the merger of Tendril and Simple Energy, and the acquisitions of FirstFuel, EEme and EnergySavvy, Uplight is the provider of end-to-end customer-centric technology solutions dedicated solely to serving the energy ecosystem.

KGS Buildings, Inc.

Series D in 2020
KGS Buildings, Inc. specializes in developing automated diagnostics and building analytics software solutions for facilities management across the United States and internationally. The company's flagship product, Clockworks, is a cloud-based fault detection and diagnostic solution that analyzes building data to identify trends, diagnose issues, and suggest repairs, ultimately leading to significant cost savings. This software empowers facility managers and engineers to detect mechanical and control problems before they impact occupants, optimize existing automation systems, and unlock hidden savings across buildings. KGS Buildings serves a diverse clientele, including universities, healthcare institutions, manufacturing sectors, and corporate real estate, as well as facility management providers. Founded in 2008 and headquartered in Somerville, Massachusetts, KGS Buildings, Inc. was previously known as KGS Buildings, LLC.

Dash Energy

Seed Round in 2020
Dash Energy, Inc. is a technology startup based in Austin, Texas, founded in 2019. The company has developed a platform designed to streamline the buying and selling of energy, making the process more efficient and user-friendly. By facilitating the addition of energy data, submission and comparison of bids, and export capabilities to Excel, Dash Energy connects energy brokers with suppliers. This innovative approach aims to modernize the energy market, enabling participants to transact with greater speed, intelligence, and confidence.

Star Charge

Series A in 2020
Star Charge focuses on developing and manufacturing the new energy vehicle charging equipment.
Titan Advanced Energy Solutions develops advanced battery management systems specifically for lithium-ion batteries. The company’s flagship product, ionView, utilizes patented ultrasound technology to achieve over 99% state-of-health and state-of-charge accuracy throughout the battery's lifespan. This technology offers significant enhancements, including at least a 20% increase in charge capacity and a 125% extension of battery life. Titan’s solutions also incorporate safety monitoring, real-time cell-level monitoring, and balancing capabilities, making them suitable for a variety of applications in the automotive, energy storage, and consumer electronics sectors. Founded in 2016 and headquartered in Somerville, Massachusetts, Titan Advanced Energy Solutions aims to provide significant advantages to manufacturers, integrators, and end-users while maintaining competitive pricing compared to traditional battery management solutions.

Autogrid

Venture Round in 2019
AutoGrid Systems, Inc. specializes in developing software applications for the energy sector, focusing on the management of distributed energy resources (DERs). The company's flagship products, including AutoGrid Flex and AutoGrid Engage, utilize artificial intelligence and machine learning to optimize and control energy resources in real time. AutoGrid Flex features modules for demand response optimization, virtual power plants, and energy storage management, while AutoGrid Engage serves as a customer energy data platform. By leveraging extensive data from smart meters and sensors, AutoGrid's applications enable utilities and energy service providers to deliver affordable, clean, and reliable energy. Established in 2010 and based in Redwood City, California, with additional offices in India, Japan, and the Netherlands, AutoGrid collaborates with notable clients such as Shell, FPL, and Xcel Energy, employing advanced analytics to address pressing energy challenges.

OSIsoft

Acquisition in 2019
OSIsoft delivers the PI System, the industry standard in enterprise infrastructure, for management of real-time data and events. With installations in 107 countries spanning the globe, the OSIsoft PI System is used in manufacturing, energy, utilities, life sciences, data centers, facilities, and the process industries. This global installed base relies upon the OSIsoft PI System to safeguard data and deliver enterprise-wide visibility into operational, manufacturing and business data. The PI System enables users to manage assets, mitigate risks, comply with regulations, improve processes, drive innovation, make business decisions in real time, and to identify competitive business and market opportunities.

KGS Buildings, Inc.

Series C in 2016
KGS Buildings, Inc. specializes in developing automated diagnostics and building analytics software solutions for facilities management across the United States and internationally. The company's flagship product, Clockworks, is a cloud-based fault detection and diagnostic solution that analyzes building data to identify trends, diagnose issues, and suggest repairs, ultimately leading to significant cost savings. This software empowers facility managers and engineers to detect mechanical and control problems before they impact occupants, optimize existing automation systems, and unlock hidden savings across buildings. KGS Buildings serves a diverse clientele, including universities, healthcare institutions, manufacturing sectors, and corporate real estate, as well as facility management providers. Founded in 2008 and headquartered in Somerville, Massachusetts, KGS Buildings, Inc. was previously known as KGS Buildings, LLC.

M&C Energy Group

Acquisition in 2012
M&C Energy Group is an energy procurement and sustainability services company.

Luminous Power Technologies

Acquisition in 2011
Luminous Power Technologies specializes in manufacturing electric power products, focusing on solutions for telecom infrastructure and renewable energy systems, including solar, wind, and hybrid technologies. The company offers a diverse range of products such as inverter battery combos, home uninterruptible power supplies (UPS), inverters, batteries, and solar off-grid systems. These products are designed for both residential and commercial applications, ensuring reliable power supply and energy management. Luminous Power Technologies aims to meet the growing demand for sustainable energy solutions while enhancing electrical control and safety across various sectors.

Summit Energy

Acquisition in 2011
Summit Energy provides energy management and sustainability services to organizations in a wide range of industries. Summit Energy began in 1991 as a small natural gas consulting firm in Louisville, KY, USA. Summit Energy has grown into a global company that excels in leading companies to cost-effective and sustainable energy.

Vizelia

Acquisition in 2010
Vizelia S.A. develops software solutions to manage energy and water usage. It offers VIZELIA Green City, a solution to optimize maintenance and repair budgets for property portfolios with individual requirements; VIZELIA Green Campus, a solution for university and professional college technical service departments; VIZELIA Green Building, which is used to manage energy and maintenance expenditure; and VIZELIA Green Bank, which is used to manage various branches and oversee maintenance work by various service providers. The company also provides VIZELIA Green Home, which is used to manage housing organizations' cycles; VIZELIA Green Utilities, a solution to automate the collection of consumption/production data, manage technical interventions, and offer services to clients; and VIZELIA Green Retail, a solution used to manage energy costs related to cold chain, air conditioning, heating, and lighting in retail outlets. In addition, its solutions include real estate module to manage property assets; building maintenance module to manage tenants' maintenance requests; and energy module to track buildings' energy consumption. Vizelia S.A. was founded in 1987 and is based in Nanterre, France. As of December 9, 2010, Vizelia S.A. operates as a subsidiary of Schneider Electric S.A.

Schneider Electric Conzerv India

Acquisition in 2009
Schneider Electric S.A.Schneider Electric Conzerv India Pvt. Ltd. designs, develops, and markets energy management solutions for industrial applications. The company offers meters for measuring volts, amps, frequency, and direct energy reading; meters that enable multitasking management of loads, feeders, and incomers; dual source energy, multifunction, digital, power, energy, and VAF meters; and energy billing systems. It also provides auditing and training services, which enable clients to conserve energy. In addition, the company offers energy management systems, power factor improvement panels, harmonic filters, LT power capacitors, and lighting energy savers, as well as demand controllers, which enable demand control and optimization.

Consumer Powerline

Series A in 2007
ConsumerPowerline’s products and services help their customers pay the least for energy, get the most for energy they buy, and earn the most for what they can reduce. They are unique in how they approach the market - they use deregulated market opportunities to first create new revenue for their customers. This new income and the accompanying new information helps their customers achieve a lot more, a lot sooner with them. The ConsumerPowerline team leverages their unique combination of skills and experience to uncover revenues and savings other firms overlook. ConsumerPowerline offers Strategic Energy Asset Management (SEAM) including comprehensive energy audits and analyses; identification, design, and project management of demand response opportunities; generator uploading, load switching and controls; efficiency consultations; and performance-based contracting. ConsumerPowerline also offers demand response management. They bring clients a means of financing improved energy management by first generating revenues through demand response – which requires no up-front investment and a limited time commitment. In the summer of 2005, ConsumerPowerline helped their New York City customers secure an estimated $6 million by selling their excess capacity back into the energy markets. ConsumerPowerline operates on a national basis with specific emphasis on the New York, New England, and California markets.

Power Measurement

Acquisition in 2005
Power Measurement is a leading provider of enterprise energy management systems for energy suppliers and consumers worldwide. The company's ION(R) web-ready software and intelligent electronic devices comprise a complete real-time information and control network that supports billing for complex energy contracts and helps improve power quality, reduce energy costs and keep operations running enterprise-wide, 24 hours a day.