OhmConnect logo — Save Energy, Get Paid! Residents of CA, NY and TX are eligib...

OhmConnect

Save Energy, Get Paid! Residents of CA, NY and TX are eligible.

Founded 2013 United States Oakland, United States 23 employees Series D Total: $83.50M Energy

General Information

Company Name OhmConnect
Founded Year 2013
Location United States Oakland, United States +1
Employees 23
Industries Energy
Funding Stage Series D
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About OhmConnect

OhmConnect is a California-based energy startup founded in 2013, with a mission to revolutionize the way residential users manage their energy consumption. The company's slogan, "Save Energy, Get Paid!" encapsulates their unique approach, which leverages smart meter analytics and energy market integration to offer innovative home energy management solutions. Through their proprietary platform, OhmConnect enables residents of CA, NY, and TX to directly participate in energy markets by selling their energy reductions through a concept called "demand response." OhmConnect's groundbreaking initiatives have caught the eye of prominent investors, with the company securing a noteworthy $55.00M Series D investment on 09 June 2022. This investment round saw backing from a diverse group of investors including City Light Capital, Floodgate, Radicle Impact, ClearSky, Telus Ventures, Elemental Excelerator, Sidewalk Infrastructure Partners, SunPower, Carrier Corporation, and the Citi Impact Fund. Given the increasing emphasis on sustainable energy solutions and the growing significance of residential energy management, OhmConnect's unique positioning within the energy industry indicates potential for substantial growth and impact. Their ability to attract significant investment in the latest round further underscores the confidence investors have in the company's vision and capabilities. As the company continues to expand its offerings and geographic reach, it is poised to play an influential role in shaping the future of residential energy management, particularly in the regions it currently serves. For more information, visit www.ohmconnect.com.

Taxonomy: Energy Management, Smart Meter Analytics, Demand Response, Energy Markets, Residential Energy Solutions, Home Energy Management, Energy Reduction, Energy Efficiency, California, New York, Texas, Sustainable Living, Energy Market Integration

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D •••••• 10
Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• ••••
09 Jun 2022
Series C •••••• 4
Investor Investor Investor
•••• ••••
07 Dec 2020
Series B •••••• 2
Investor Investor
03 Mar 2020
Series B •••••• 10
Investor
•••• ••••
17 Apr 2018
Series A •••••• 2
Investor Investor
01 Dec 2015

View All 7 Funding Rounds

OhmConnect Alternatives & Competitors

OhmConnect vs
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FAQ About OhmConnect

Save Energy, Get Paid! Residents of CA, NY and TX are eligible.
OhmConnect was founded in 2013.
OhmConnect is headquartered in Oakland, United States.
OhmConnect operates in the following industries: Energy.
OhmConnect has approximately 23 employees.
OhmConnect has completed 7 funding rounds, raising a total of $83.50M. The latest funding stage is Series D.
Top alternatives and competitors to OhmConnect include Skip Technology, Flixgrid GmbH, Elli, Synergi, Datfax Services. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
OhmConnect and Skip Technology are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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