Evergy Ventures

Evergy Ventures is the venture capital arm of Evergy, established in 2015 and headquartered in Kansas City, Missouri. The firm specializes in investing in growth capital and early-stage companies within the energy sector, focusing on areas such as customer energy solutions, energy infrastructure, renewable services, and environmental remediation. In addition to these sectors, Evergy Ventures is open to attractive investment opportunities throughout the energy value chain. The firm primarily utilizes equity and debt instruments for its investments and has a strong preference for companies located in North America, particularly in the Midwest.

Dennis Odell

Vice President, Head of Evergy Ventures and Co-Founder

Brock Smith JD

Managing Director

27 past transactions

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.

Omnidian

Venture Round in 2023
Omnidian, Inc. is an insurance company based in Seattle, Washington, specializing in protection plans for residential, commercial, and industrial solar energy systems. Founded in 2015, the company offers comprehensive services that include monitoring, field service repair, and lifetime performance guarantees for solar installations. Omnidian's solutions are designed for both individual homeowners and financial institutions managing large portfolios of residential solar assets. Their offerings encompass real-time performance monitoring, proactive service alerts, and full coverage for hardware and software issues through a nationwide network of service professionals. Additionally, Omnidian guarantees reimbursement for energy loss, ensuring that investments in solar energy are protected and optimized throughout the system's lifecycle. The company aims to support the growth of the residential solar industry while providing peace of mind to its clients.

Yotta Energy

Venture Round in 2023
Yotta Energy Inc., founded in 2016 and based in Austin, Texas, specializes in the manufacture of innovative solar storage solutions. The company's flagship product, SolarLEAF, is a modular energy storage device that integrates with photovoltaic panels, designed to lower costs and enhance the resiliency of energy storage systems. By significantly reducing the soft costs associated with the design, installation, and maintenance of energy storage, SolarLEAF provides a more efficient alternative to traditional centralized systems. Additionally, Yotta Energy offers SolarPLEXUS, a gateway that optimizes the operation of SolarLEAF units and facilitates connectivity within the system. Their software platform further aggregates energy data to support utilities in managing grid operations and enables system owners to effectively manage their power and reduce expenses.

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.

Xendee

Series A in 2022
Xendee is a technology company based in San Diego, California. It specializes in developing advanced software for optimizing the operation of resilient microgrids and renewable energy systems. The company's core product is a microgrid analysis platform designed to identify optimal sites for distributed energy resources (DER). This platform facilitates rapid site discovery, portfolio-level analysis, and seamless transition to detailed site design, helping users maximize their return on investment and streamline energy management processes.

SkySpecs

Series D in 2022
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Omnidian

Series B in 2021
Omnidian, Inc. is an insurance company based in Seattle, Washington, specializing in protection plans for residential, commercial, and industrial solar energy systems. Founded in 2015, the company offers comprehensive services that include monitoring, field service repair, and lifetime performance guarantees for solar installations. Omnidian's solutions are designed for both individual homeowners and financial institutions managing large portfolios of residential solar assets. Their offerings encompass real-time performance monitoring, proactive service alerts, and full coverage for hardware and software issues through a nationwide network of service professionals. Additionally, Omnidian guarantees reimbursement for energy loss, ensuring that investments in solar energy are protected and optimized throughout the system's lifecycle. The company aims to support the growth of the residential solar industry while providing peace of mind to its clients.

Librestream

Venture Round in 2021
Librestream Technologies Inc., established in 2003 and headquartered in Winnipeg, Canada, specializes in mobile video collaboration solutions for Fortune 500 organizations. Its flagship product, Onsight, enables real-time virtual presence for remote experts to assess environments and troubleshoot equipment. Onsight's suite of products includes collaboration software, rugged smart cameras, and management tools, serving diverse industries such as manufacturing, oil and gas, healthcare, and government. Librestream's solutions help enterprises achieve cost-efficiencies through accelerated problem resolution, reduced downtime, and improved productivity. The company has strategic partnerships with industry leaders like Cisco Systems and Verizon Wireless.

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.

Redaptive

Private Equity Round in 2020
Redaptive, Inc. is an Energy-as-a-Service provider based in San Francisco, California, with additional locations in Dallas, Texas, and Boston, Massachusetts. Founded in 2015, the company specializes in delivering energy-saving solutions and technologies to help organizations reduce energy waste, save costs, and lower carbon emissions. Redaptive facilitates the funding and installation of energy-saving and energy-generating equipment while enabling clients to navigate capital and contractual barriers effectively. Its Efficiency-as-a-Service platform and proprietary Data-as-a-Service metering system provide real-time data to optimize energy management across various sectors, including heating, ventilation, air conditioning, and lighting. By offering tailored investment and maintenance solutions, Redaptive assists businesses in achieving their sustainability objectives and enhancing the performance of their facilities.

Palmetto Clean Technology

Series B in 2020
Palmetto is a clean technology company that specializes in building and operating solar energy projects for residential, commercial, and utility customers. Founded in 2009 and headquartered in Charleston, South Carolina, Palmetto designs and installs solar systems while providing a range of services, including customer support, financing, engineering, permitting, and installation. The company offers innovative software solutions such as Palmetto Home, which enables homeowners to monitor real-time energy consumption and solar production, and Palmetto Fleet, which provides energy monitoring insights for home management professionals. Additionally, Palmetto's Alchemy platform enhances the sales experience for solar professionals by streamlining the sales, design, and proposal processes. With additional offices in locations such as San Francisco, Sea Girt, Charlotte, Washington, and Greenville, Palmetto is committed to advancing clean energy technology and improving energy efficiency.

SkySpecs

Series C in 2019
SkySpecs, Inc. is a technology company based in Ann Arbor, Michigan, with an additional office in Amsterdam, Netherlands, that specializes in automating operations and maintenance for the wind energy industry through unmanned aerial vehicles. Founded in 2012, the company provides a range of services including analytics, wind turbine blade services, and engineering projects. Its offerings also encompass collaborative software solutions for managing and analyzing data from various sources, as well as digitization and planning for repair campaigns. Notably, SkySpecs has developed Horizon, a reporting software that serves as a central repository for operations and maintenance data related to wind turbine blades, facilitating task management, communication with third parties, and execution of large-scale repair projects. By leveraging its industry expertise and innovative technologies, SkySpecs aims to enhance productivity and efficiency for its clients within the renewable energy sector.

Blue Pillar

Series A in 2019
Blue Pillar, Inc. is a software development company that specializes in enhancing critical infrastructure resilience against power outages. Founded in 2006 and based in Indianapolis, Indiana, Blue Pillar offers a range of solutions including Aurora, a vendor-agnostic platform for creating digital energy Internet of Things (IoT) networks; Avise Insite, which provides real-time management of facility utilities; and Avise Foresite, an enterprise application for centralized energy management across multiple locations. The company serves a diverse clientele, including healthcare facilities, educational institutions, local and federal government agencies, municipal utilities, data centers, and research laboratories. By connecting industrial equipment to the internet, Blue Pillar enables organizations to monitor, manage, and control their energy resources effectively, promoting operational productivity and energy efficiency.

ESS

Series C in 2019
ESS is a long-duration energy storage company that specializes in iron flow battery technology, focusing on solutions for commercial, industrial, utility, microgrid, and off-grid applications. Founded in 2011, the company aims to support a future powered by clean and reliable energy. With a team experienced in distributed power generation and energy storage technologies, ESS has developed an energy management system that utilizes a safe, abundant, and non-toxic iron-electrolyte in conjunction with a patented flow cell design. This innovative approach offers high performance at a low cost, making ESS's technology well-suited for applications ranging from retail energy management to utility-scale renewable energy integration.

Sunverge

Series D in 2019
Sunverge Energy Inc. is a company that develops and operates a cloud-based platform for the aggregation and management of distributed energy resources. Founded in 2010 and headquartered in San Francisco, California, with an additional office in Fortitude Valley, Australia, Sunverge offers solutions such as the Sunverge Solar Integration System (SIS) Release 1.2, which facilitates the distribution of renewable energy generation and storage. The company also provides the Sunverge SISport load management software, designed to optimize residential energy use by managing peak load demands. Sunverge serves a diverse clientele, including homeowners, small and medium-sized businesses, utilities, and electricity regulators. The company has established strategic partnerships with industry leaders like LG Electronics and Eaton to enhance its service offerings.

Innowatts

Series B in 2019
Innowatts, Inc. is a Houston-based company founded in 2013 that specializes in software solutions for energy management. Its flagship product, PowerEASE, is designed for load forecasting, energy risk optimization, and infrastructure planning, serving a diverse clientele that includes retail energy providers, regulated utility companies, and public policy boards. Innowatts leverages advanced data analytics and machine learning to utilize energy usage data effectively, assisting energy retailers and utilities in managing grids, enhancing profitability, and achieving sustainability goals. The company's eUtility technology platform has processed data from over 34 million meters to help energy providers improve grid reliability, anticipate market trends, and create personalized energy experiences for customers.

Tomorrow.io

Series B in 2018
Tomorrow.io is a company that develops a weather intelligence platform designed to provide real-time and location-specific weather forecasts. Leveraging advanced technologies such as wireless signals, satellite data, and street cameras, the platform offers highly accurate micro weather information tailored to various industries affected by weather conditions. Customers, including notable organizations like the NFL, Uber, Delta, Ford, and National Grid, utilize Tomorrow.io's services to enhance operational efficiency, streamline communication, and optimize productivity and profit margins. The company operates globally, with a presence in North America, Latin America, Europe, and Asia, enabling businesses and individuals to effectively manage weather-related challenges and improve decision-making processes across different sectors.

LiveSafe

Series B in 2018
LiveSafe, Inc. is a technology company that specializes in developing a mobile safety communications platform aimed at enhancing public safety. Incorporated in 2012 and headquartered in Arlington, Virginia, with an additional office in Clearwater, Florida, LiveSafe offers a mobile application combined with a cloud-based command dashboard. This platform facilitates real-time, two-way communication between individuals and safety officials, enabling users to send actionable, crowd-sourced intelligence to those in need. The service is designed to empower communities by providing crucial tools and information during emergencies and threats. LiveSafe serves a variety of sectors, including media, technology, property management, retail, entertainment, sports, and financial services, as well as institutions such as malls, hospitals, and government contractors. By fostering collaboration between citizens and safety officials, LiveSafe aims to build safer communities and redefine responses to emergencies. As of October 2020, LiveSafe operates as a subsidiary of Vector Solutions, Inc.

Axiom Exergy

Series A in 2018
Axiom Exergy Inc. is an energy storage company that specializes in developing refrigeration batteries designed for supermarkets, cold-storage facilities, and food processors. Founded in 2014 and headquartered in Richmond, California, Axiom Exergy creates solutions that enable these businesses to store and deploy refrigeration effectively. The company's products include an optional integrated backup cooling feature that safeguards food from spoilage during power outages. Additionally, Axiom Exergy provides energy management services, thermal energy systems engineering, and software solutions for monitoring and managing energy use in refrigeration systems. By utilizing existing thermal systems, Axiom Exergy aims to optimize electricity load profiles, helping clients reduce operational costs and mitigate business risks associated with energy management.

Redaptive

Venture Round in 2018
Redaptive, Inc. is an Energy-as-a-Service provider based in San Francisco, California, with additional locations in Dallas, Texas, and Boston, Massachusetts. Founded in 2015, the company specializes in delivering energy-saving solutions and technologies to help organizations reduce energy waste, save costs, and lower carbon emissions. Redaptive facilitates the funding and installation of energy-saving and energy-generating equipment while enabling clients to navigate capital and contractual barriers effectively. Its Efficiency-as-a-Service platform and proprietary Data-as-a-Service metering system provide real-time data to optimize energy management across various sectors, including heating, ventilation, air conditioning, and lighting. By offering tailored investment and maintenance solutions, Redaptive assists businesses in achieving their sustainability objectives and enhancing the performance of their facilities.

ecobee

Series C in 2018
ecobee, Inc. is a Toronto-based company founded in 2007 that specializes in manufacturing Wi-Fi enabled smart thermostats and light automation equipment for both residential and commercial applications. The company’s product lineup includes the SmartThermostat with voice control, ecobee3 lite, SmartSensor, and ecobee Switch+, all designed to enhance energy conservation and provide customizable temperature settings. These devices allow users to manage their home or office environments remotely via a mobile application compatible with various platforms, including iOS, Android, and BlackBerry. Ecobee's offerings aim to empower consumers to monitor and reduce their energy consumption while maintaining comfort in their spaces. The company sells its products primarily through online channels.

Convergent Energy and Power

Funding Round in 2018
Convergent Energy and Power is a technology-neutral energy storage asset developer that specializes in a diverse range of projects, spanning from commercial and industrial applications to large-scale grid-connected systems. The company oversees the entire energy storage asset development cycle, which includes identifying project-specific opportunities, conducting economic evaluations, and managing contract and financial structuring. Additionally, Convergent is responsible for engineering, procurement, construction, and ongoing operations and maintenance of its energy storage solutions. By offering various cost-effective energy storage models, the company helps utilities and end-users address infrastructure challenges, manage peak electricity loads, and reduce overall electricity costs.

Grid Assurance

Funding Round in 2018
Grid Assurance, founded in 2016 and based in Kansas City, Missouri, specializes in providing grid recovery solutions aimed at enhancing the resilience of electric transmission systems. The company offers a cost-effective service that grants subscribers access to critical, long-lead-time equipment, which is securely stored and can be quickly deployed in the event of outages. By complementing existing sparing programs at energy companies, Grid Assurance helps mitigate the impact of prolonged transmission disruptions, ensuring a more reliable electric grid.

Pepper

Funding Round in 2018
Pepper offers an IoT operating system and service delivery platform that empowers enterprises to deploy sophisticated IoT solutions. The introduction of billions of new connected devices (and other "things") requires a new user-experience paradigm—one that enables both consumers and enterprises the ability to effectively manage, control, and engage with their increasingly connected worlds. Pepper solves the problems associated with this increased complexity through the combination of its user operating system and service delivery platform.

Blue Pillar

Venture Round in 2017
Blue Pillar, Inc. is a software development company that specializes in enhancing critical infrastructure resilience against power outages. Founded in 2006 and based in Indianapolis, Indiana, Blue Pillar offers a range of solutions including Aurora, a vendor-agnostic platform for creating digital energy Internet of Things (IoT) networks; Avise Insite, which provides real-time management of facility utilities; and Avise Foresite, an enterprise application for centralized energy management across multiple locations. The company serves a diverse clientele, including healthcare facilities, educational institutions, local and federal government agencies, municipal utilities, data centers, and research laboratories. By connecting industrial equipment to the internet, Blue Pillar enables organizations to monitor, manage, and control their energy resources effectively, promoting operational productivity and energy efficiency.

EnergySavvy

Series D in 2016
EnergySavvy, Inc. is a cloud software company that specializes in providing utility solutions aimed at enhancing customer intelligence, engagement, and action. Founded in 2008 and based in Seattle, Washington, with additional offices in Boulder, Denver, and Cambridge, EnergySavvy offers a cloud-based home energy platform and various software products designed to help consumers understand their energy consumption and reduce utility costs. The company's key offerings include Program Optix and Online Audit, alongside program management services tailored for utilities implementing energy efficiency initiatives. EnergySavvy also provides valuable information on home energy rebates, tax credits, incentives, and financing options. With nearly 40 utility clients and state programs utilizing its services, EnergySavvy focuses on transforming the customer experience and improving operational efficiency in the utilities sector, leveraging expertise in software, user experience, and analytics.

Go Electric

Series A in 2016
Go Electric Inc. is a green-technology company focused on developing energy solutions for facilities and utilities, with a commitment to enhancing energy security and resiliency. Founded in 2011 and headquartered in Anderson, Indiana, with additional offices in Brooklyn and Honolulu, the company specializes in integrating renewable energy, advanced batteries, and generators into its products. A key offering is the AutoLYNC technology, which serves as a microgrid and uninterruptible power system that automatically synchronizes and optimizes multiple AC and DC power sources to provide reliable electrical power. Go Electric's solutions are designed to reduce energy costs and improve grid stability, making them suitable for various applications, including government, military, and industry settings. As a subsidiary of Saft Groupe S.A., Go Electric aims to accelerate the transition to a sustainable energy future.
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