Ivy Energy is a pioneering force in the renewable energy industry, strategically targeting the energy management needs of multi-tenant buildings. Founded in 2019 and headquartered in the United States, the company offers a robust array of onsite energy transaction solutions, spearheaded by its cornerstone product, the Virtual Grid Cloud.
This software platform notably facilitates the distribution of solar energy and battery storage, optimizing energy use for property owners while reducing costs for tenants. Aimed at creating a seamless energy environment, Ivy Energy also integrates EV charging infrastructure into its offerings, making it a comprehensive solution for sustainable property management.
The company recently secured a substantial $18.00M Series A investment on April 17, 2024, backed by prominent investors like American Family Institute for Corporate and Social Impact, Greensoil PropTech Ventures, and SolarEdge Technologies, among others. This investment signals confidence in Ivy Energy's innovative approach to fusing sustainability with cutting-edge technology.