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Powerit Solutions logo — company profile

Powerit Solutions

Founded 1994 United States Seattle, United States 7 employees Series D Total: $31.76M Energy, Energy Efficiency

General Information

Company Name Powerit Solutions
Founded Year 1994
Location United States Seattle, United States
Employees 7
Industries Energy, Energy Efficiency
Funding Stage Series D
Social

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About Powerit Solutions

Powerit Solutions is a Smart Grid technology company that offers a unique energy management system and services to the industrial and commercial markets. It provides direct intelligent load management, demand response systems, real-time pricing automation, and data collection. Founded in 1994, Powerit is headquartered in Seattle, WA. The company operates in the energy and energy efficiency industries. The last significant investment was a Series D round on 13 June 2014, with Next47 participating as the investor. This demonstrates Next47's confidence in the company's potential.

Business keywords: Smart Grid Technology, Energy Management, Demand Response, Industrial Applications, Commercial Applications, Real-time Pricing Automation, Data Collection, Energy Efficiency, Power Management, Demand Control, Wireless I/O, Industrial Grade Solutions, Energy Cost Reduction, Intelligent Load Management, Seattle-based Company

Funding Rounds & Investors (7)

View All
Funding Stage Amount Investors Lead Investors Date
Series D Undisclosed 1
Next47
Next47
13 Jun 2014
Venture Round $1.00M -
16 May 2014
Private Equity Round $7.09M -
24 Jun 2013
Series C $5.50M 1
Black Coral Capital
Black Coral Capital
04 Dec 2012
Venture Round $5.00M 1
Black Coral Capital
Black Coral Capital
01 Mar 2011
Series B $6.07M 2
Expansion Capital Partners
Expansion Capital Partners, Siemens
22 Apr 2009
Series A $7.10M 2
@Ventures Expansion Capital Partners
@Ventures, Expansion Capital Partners
31 May 2007

Powerit Solutions Alternatives & Competitors

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Powerit Solutions vs
BeChained
BeChained United States

AI to eliminate wasted energy & carbon offset costs in manufacturing

Grant
9 employees
AI, Automation
Powerit Solutions vs
Limejump
Limejump United Kingdom

Optimising a 100% renewable energy future

Grant
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Analytics, Big Data
Powerit Solutions vs
Save Energy Systems Inc
Save Energy Systems Inc United States

be smart, take control with AI-driven energy and facility management systems.

Seed
47 employees
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View all alternatives

FAQ About Powerit Solutions

Smart Grid technology company providing unique energy management system and services to the industrial and commercial markets in the form of direct intelligent load management, demand response systems, real-time pricing automation and data collection. Powerit is headquartered in Seattle, WA.
Powerit Solutions was founded in 1994.
Powerit Solutions is headquartered in Seattle, United States.
Powerit Solutions operates in Energy and Energy Efficiency. Its work centres on Smart Grid Technology, Energy Management, Demand Response and Industrial Applications.
Powerit Solutions has approximately 7 employees.
Powerit Solutions has completed 7 funding rounds, raising a total of $31.76M. The latest funding stage is Series D.
Top alternatives and competitors to Powerit Solutions include BeChained, Limejump, Save Energy Systems Inc, Smart Energy Solutions LLC, Bren. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Powerit Solutions and BeChained 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.

Source: BounceWatch company record for Powerit Solutions, https://bouncewatch.com/company/powerit-solutions, updated 12 September 2024. When citing, please name BounceWatch and link this page.

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