EnergyHub
Date | Investors | Amount | Round |
---|---|---|---|
$160k | Grant | ||
$40.0k | Grant | ||
N/A | N/A | Series A | |
N/A | $2.7m | Debt | |
N/A | $15.4m | Early VC | |
$14.5m | Series B | ||
N/A | $500k | Debt | |
N/A | Acquisition | ||
* | $1.5m | Grant | |
Total Funding | €28.7m |
Related Content
Recent News about EnergyHub
EditEnergyHub is a forward-thinking company that empowers utilities and their customers to create a cleaner, more distributed energy future. The company operates in the energy sector, specifically focusing on the challenges and opportunities presented by electric vehicles (EVs) and distributed energy resources (DERs). EnergyHub's primary clients are utility companies that need advanced solutions to manage the increasing complexity of the energy grid.
EnergyHub's core offering is its Distributed Energy Resource Management System (DERMS) platform. This platform helps utilities manage the "grid edge," which refers to the outermost parts of the energy grid where energy is consumed and increasingly generated by small-scale sources like solar panels and EVs. The DERMS platform uses artificial intelligence to optimize the control of these distributed energy resources, ensuring that utilities can meet their grid objectives while considering the specific needs of individual devices and customers.
One of the standout features of EnergyHub's platform is its Managed Charging component for EVs. This feature allows utilities to manage various configurations of EV grid services, such as matching renewable energy supply with demand, shifting energy use to off-peak times, and protecting distribution networks. This helps utilities minimize risk and reduce the need for costly infrastructure investments.
EnergyHub makes money by providing these advanced grid services to utility companies. They offer a range of solutions that help utilities optimize their operations, improve customer satisfaction, and achieve regulatory compliance. The company also benefits from its deep integrations with a large ecosystem of partners, including EV manufacturers and smart home technology providers.
As an independent subsidiary of Alarm.com, a leading cloud-based platform for smart homes, EnergyHub leverages its parent company's expertise and resources to enhance its offerings. This relationship helps EnergyHub maintain a competitive edge in the rapidly evolving energy market.
Keywords: Distributed Energy, EV Charging, Grid Management, AI Optimization, Utility Solutions, DERMS, Renewable Energy, Smart Grid, Energy Data, Partner Ecosystem.