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.
SkySpecs, Inc. specializes in developing unmanned aerial vehicles designed to automate operations and maintenance for the wind energy sector. Based in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, wind turbine blade maintenance, and engineering projects. Its solutions feature Horizon, a software tool that facilitates collaboration and data management for blade operations and maintenance, enabling streamlined communication and efficient repair project execution. Founded in 2012, SkySpecs employs custom autonomous drones to perform inspections, diagnostics, and maintenance of utility-scale wind turbines, providing high-quality data and enhancing safety during inspections. The company aims to improve productivity and efficiency in the renewable energy industry through its innovative technologies and services.
Omnidian, Inc., an insurance company, provides residential, commercial, and industrial solar system protection plans. It offers solar power performance guarantee product services, including monitoring, field service repair, and performance guarantee for the life of system. The company also monitors and reports the performance of system; optimizes power generation for the life of the system; and diagnoses and repairs residential scale installations. It serves residential fleet owners and lenders, and residential homeowners. Omnidian, Inc. was formerly known as PeGu, Inc. The company was founded in 2015 and is headquartered in Seattle, Washington.
Librestream Technologies Inc. specializes in mobile video collaboration solutions tailored for enterprises, particularly Fortune 500 companies. Its flagship product, Onsight, enables remote experts to assess environments and troubleshoot equipment through live video, voice communication, and image sharing. This platform includes various components such as Onsight Connect for collaboration across multiple devices, rugged smart cameras for field workers, and the Onsight Management Suite for user management. Librestream's solutions are utilized across diverse industries, including manufacturing, energy, healthcare, and government, allowing organizations to enhance productivity, reduce downtime, and improve customer service. By integrating seamlessly into existing workflows, Librestream addresses the unique challenges faced by physical workers in demanding environments, ultimately facilitating remote diagnostics and inspections. Founded in 2003 and headquartered in Winnipeg, Canada, Librestream has established strategic partnerships with companies like Cisco Systems and Verizon Wireless to enhance its offerings.
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.
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, Inc. specializes in developing unmanned aerial vehicles designed to automate operations and maintenance for the wind energy sector. Based in Ann Arbor, Michigan, with an additional office in Amsterdam, the company offers a range of services including analytics, wind turbine blade maintenance, and engineering projects. Its solutions feature Horizon, a software tool that facilitates collaboration and data management for blade operations and maintenance, enabling streamlined communication and efficient repair project execution. Founded in 2012, SkySpecs employs custom autonomous drones to perform inspections, diagnostics, and maintenance of utility-scale wind turbines, providing high-quality data and enhancing safety during inspections. The company aims to improve productivity and efficiency in the renewable energy industry through its innovative technologies and services.
Blue Pillar, Inc. specializes in developing software solutions aimed at enhancing critical infrastructure resilience against power outages. The company provides a range of applications, including Aurora, a flexible platform for establishing a digital energy Internet of Things (IoT) network that connects and manages mechanical and electrical equipment. Additionally, Avise Insite offers real-time management of facility utilities such as water, gas, electric, and steam, while Avise Foresite serves as an enterprise solution for centralized facility and energy management across multiple locations. Blue Pillar's clientele spans various sectors, including healthcare, education, local and federal government, municipal utilities, and research institutions. Founded in 2006 and headquartered in Indianapolis, Indiana, Blue Pillar is dedicated to making Industrial IoT technologies more accessible and effective for its customers.
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.
Tomorrow.io develops a comprehensive weather intelligence platform designed to predict and address weather-related challenges. The platform offers a weather dashboard that delivers historical, real-time, and forecast data on various weather parameters, along with personalized insights to help businesses make informed decisions. It features a global weather API that provides hyperlocal forecasts and historical weather data worldwide. Additionally, Tomorrow.io offers a health operations optimization platform that integrates air quality insights with localized weather data, assisting businesses in managing health risks. The company serves diverse industries, including air freight, agriculture, automotive, aviation, construction, healthcare, and more. Founded in 2015, Tomorrow.io is headquartered in Boston, Massachusetts, with offices in Tel Aviv, Boulder, and Singapore.
LiveSafe, Inc. specializes in creating a mobile safety communications platform designed to enhance community safety through real-time interaction between individuals and safety officials. Founded in 2012 and headquartered in Arlington, Virginia, with an additional office in Clearwater, Florida, LiveSafe offers a mobile application paired with a cloud-based command dashboard that facilitates the reporting of incidents and sharing of crucial safety information. The platform serves a diverse range of sectors, including media, technology, property management, retail, entertainment, sports, and financial services, as well as hospitals and government contractors. By fostering a collaborative environment for users to send actionable intelligence, LiveSafe empowers communities to respond more effectively to threats and emergencies, ultimately aiming to create safer environments for all. The company operates as a subsidiary of Vector Solutions, Inc. since October 2020.
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.
Grid Assurance is a company based in Kansas City, Missouri, that specializes in providing solutions for electric grid restoration and resilience. Founded in 2016, the company offers a cost-effective service designed to enhance the transmission system's reliability. Subscribers to Grid Assurance gain access to critical, long-lead-time equipment stored in secure warehouses, which can be quickly deployed during outages. This service is intended to complement existing spare equipment programs at energy companies, ensuring that they are better prepared to manage the impacts of prolonged transmission outages.
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.
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, Inc. specializes in developing software solutions aimed at enhancing critical infrastructure resilience against power outages. The company provides a range of applications, including Aurora, a flexible platform for establishing a digital energy Internet of Things (IoT) network that connects and manages mechanical and electrical equipment. Additionally, Avise Insite offers real-time management of facility utilities such as water, gas, electric, and steam, while Avise Foresite serves as an enterprise solution for centralized facility and energy management across multiple locations. Blue Pillar's clientele spans various sectors, including healthcare, education, local and federal government, municipal utilities, and research institutions. Founded in 2006 and headquartered in Indianapolis, Indiana, Blue Pillar is dedicated to making Industrial IoT technologies more accessible and effective for its customers.
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.