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BrightSource Energy - About the company

BrightSource Energy is a series G company based in Oakland (United States), founded in 2006. It operates as an AI-powered energy management software optimizing renewable energy and storage portfolios. BrightSource Energy has raised $819M in funding from investors like VantagePoint Capital Partners, DFJ and Chevron, with a current valuation of $*****. The company has 1185 active competitors, including 61 funded and 96 that have exited. Its top competitors include companies like Enel X, Origis Energy and Hillman Group.

Company Details

AI-powered energy management software optimizing renewable energy and storage portfolios. The company revolutionizes energy management with its AI-powered optimization software, providing advanced solutions for renewable energy and storage. By leveraging cutting-edge technology and data analytics, it empowers clients to make informed decisions that enhance sustainability and profitability. The software optimizes photovoltaics, battery storage, microgrids, wind turbines, and EV charging stations. It offers intelligent optimization, cost reduction, and revenue maximization through AI-driven market participation and digital twin technology. The platform provides real-time computation and revenue maximization for diverse energy assets using physics-based modeling and AI. It features a flexible configuration engine, open architecture, and end-to-end platform capabilities, including planning, sizing, and real-time revenue optimization. The company leverages expertise in cybersecurity and hardware-software integration to protect assets and ensure grid stability. This is a SaaS based B2B solution.
Social
X
Registered Address
Oakland, California
Key Metrics
Founded Year
2006
Location
Oakland, United States
Stage
Series G
Total Funding
$819M in 19 rounds
Post Money Valuation
$***** as on Apr 01, 2012
Ranked
Employee Count
131 as on Aug 31, 2026
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BrightSource Energy's funding and investors

BrightSource Energy has raised a total funding of $819M over 19 rounds. Its first funding round was on Nov 01, 2006. Its latest funding round was a Grant (prize money) round on May 01, 2018 for $*****. 1 investor participated in its latest round. BrightSource Energy has 24 institutional investors.

Here is the list of recent funding rounds of BrightSource Energy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 01, 2018
9235091
Grant (prize money)
1075130
2252319
7706589
2176067
Sep 01, 2017
1276441
Conventional Debt
4263047
8706791
5605160
8695451
Nov 01, 2016
3513682
Grant (prize money)
7151672
8446712
9581119
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BrightSource Energy's founders and board of directors

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BrightSource Energy's employee count trend

BrightSource Energy has 131 employees as of Aug 26. Here is BrightSource Energy's employee count trend over the years:
Employee count trend for BrightSource Energy
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BrightSource Energy's Competitors and alternates

Top competitors of BrightSource Energy include Enel X, Origis Energy and Hillman Group. Here is the list of Top 10 competitors of BrightSource Energy, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
75/100
2nd
Logo for Origis Energy
Origis Energy
2008, Miami (United States), Acquired
Utility Scale and commercial solar project developer
$149M
66/100
3rd
Logo for Hillman Group
Hillman Group
1964, Cincinnati (United States), Public
Provider of hardware and home improvement products to retail markets
-
62/100
4th
Logo for Recurrent Energy
Recurrent Energy
2006, San Francisco (United States), Acquired
Developer of utility-scale solar projects
$585M
62/100
5th
Logo for Longroad Energy
Longroad Energy
2016, San Francisco (United States), Series B
Developer of utility-scale wind and solar power projects
$500M
61/100
6th
Logo for Strata Clean Energy
Strata Clean Energy
2008, Durham (United States), Late Stage
Online platform offering solar-based energy storage solutions
$150M
60/100
7th
Logo for Aspen Power
Aspen Power
2020, Dallas (United States), Acquired
Provider of renewable energy asset development, construction, and operation services
$120M
60/100
8th
Logo for CleanChoice Energy
CleanChoice Energy
2011, Washington, DC (United States), Acquired
Renewable energy provider offering clean electricity solutions for a sustainable future
$16.6M
58/100
9th
Logo for Orbital Energy Group
Orbital Energy Group
1984, Houston (United States), Public
Developer of solar energy projects
-
57/100
10th
Logo for FTC Solar
FTC Solar
2017, Austin (United States), Public
Developer of solar tracker systems and software for utility projects
-
-
57/100
17th
Logo for BrightSource Energy
BrightSource Energy
2006, Oakland (United States), Series G
AI-powered energy management software optimizing renewable energy and storage portfolios
$819M
52/100
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BrightSource Energy's Investments and acquisitions

BrightSource Energy has made no investments or acquisitions yet.

Reports related to BrightSource Energy

Here is the latest report on BrightSource Energy's sector:

News related to BrightSource Energy

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•
CSP specialist BrightSource unveils corporate restructuringRenewables Now•Jul 13, 2023•BrightSource Energy
•
Competitive Assessment of Concentrating Solar Power Market by 2024marketanalysisnews.com•Nov 29, 2018•Schott AG, Areva Solar, BrightSource Energy, SkyFuel
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