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SHYFT Power Solutions logo — IoT and integrated software to optimize distributed energy r...

SHYFT Power Solutions

IoT and integrated software to optimize distributed energy resource performance and operational efficiency

Founded 2016 United States San Francisco, United States 16 employees Venture round Total: $4.20M Big Data, Energy +1

General Information

Company Name SHYFT Power Solutions
Founded Year 2016
Location United States San Francisco, United States
Employees 16
Industries Big Data, Energy, Renewable Energy
Funding Stage Venture round
Social

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About SHYFT Power Solutions

SHYFT Power Solutions is a company focusing on utilizing IoT and integrated software to optimize distributed energy resource performance and operational efficiency. Since its founding in 2016, the company has been committed to ensuring that clean, reliable, and affordable energy solutions can scale to sustainably meet increasing demand. Their solutions specifically target energy asset performance, including solar, battery, grid, and/or generator systems, catering to renewable energy companies, facility managers, and real estate developers. With over 3,000kW of energy assets being managed by SHYFT technology in emerging markets such as Nigeria, the company serves as a catalyst for the energy transition.

The latest milestone for SHYFT Power Solutions was a Venture Round investment secured on 01 November 2021, with the investment coming from Elemental Excelerator. This investment underscores the confidence of Elemental Excelerator in the potential of SHYFT's technology and business model, validating the company's value proposition and growth trajectory in the Big Data, Energy, and Renewable Energy industries. As the SHYFT team continues to expand its footprint from its headquarters in the United States to international markets, the company invites potential partners and investors to join them on their mission towards a more sustainable and efficient energy future.

Business keywords: integrated software, distributed energy resources, operational efficiency, energy transition, solar power, battery systems, grid management, facility management, real estate development, emerging markets, resiliency, decentralized power systems

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
Elemental Excelerator
01 Nov 2021
Seed Round $3.10M 9
LoftyInc Alpha Fund, Elevate Capital +7
01 Apr 2021
Seed Round Undisclosed -
01 Sep 2020
Seed Round $1.10M -
01 Jul 2018
Venture Round Undisclosed -
19 Mar 2018

SHYFT Power Solutions Alternatives & Competitors

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SHYFT Power Solutions vs
Connected Energy
Connected Energy United Kingdom

A world-leading manufacturer of battery energy storage systems using second life EV batteries 🔋⚡

Venture round
45 employees
Energy, Renewable Energy
SHYFT Power Solutions vs

Artificial Intelligence for Clean Energy

Series A
44 employees
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SHYFT Power Solutions vs
gridX
gridX Germany

Connect, optimize and monetize the flexibility of distributed energy resources in homes and at EV ch...

Acquired
191 employees
Energy, IoT

FAQ About SHYFT Power Solutions

IoT and integrated software to optimize distributed energy resource performance and operational efficiency
SHYFT Power Solutions was founded in 2016.
SHYFT Power Solutions is headquartered in San Francisco, United States.
SHYFT Power Solutions operates in Big Data, Energy and Renewable Energy. Its work centres on integrated software, distributed energy resources, operational efficiency and energy transition.
SHYFT Power Solutions has approximately 16 employees.
SHYFT Power Solutions has completed 5 funding rounds, raising a total of $4.20M. The latest funding stage is Venture round.
Top alternatives and competitors to SHYFT Power Solutions include Connected Energy, BluWave-ai, gridX, Evergen (acquired by Intellihub Group), Camus Energy. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SHYFT Power Solutions and Connected Energy 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 SHYFT Power Solutions, https://bouncewatch.com/company/shyft-power-solutions, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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