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.
- Website
- www.brightsourceenergy.com/
- Registered Address
- Oakland, California
Key Metrics
Founded Year
2006
Location
Oakland, United States
Stage
Series G
Total Funding
$819M in 19 rounds
Latest Funding Round
Post Money Valuation
$***** as on Apr 01, 2012
Investors
Ranked
17th among 1185 active competitors
Employee Count
131 as on Aug 31, 2026
Legal entities associated with BrightSource Energy
BrightSource Energy is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
BRIGHTSOURCE ENERGY UK LTD CIN: 8508976 , United Kingdom, Active | Apr 28, 2013 | £10M - £50M (As on Dec 31, 2024) | 2 (As on Dec 31, 2024) | |
BRIGHTSOURCE ENERGY, INC. CIN: 760836010 , United States, Active | Dec 31, 1999 | - | 5 (As on Dec 31, 2024) | - |
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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:
Filter 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 |
View details of BrightSource Energy's funding rounds and investors
BrightSource Energy's founders and board of directors
Founder? Claim ProfileBrightSource 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
2nd | Origis Energy 2008, Miami (United States), Acquired | Utility Scale and commercial solar project developer | $149M | 66/100 | |
3rd | Hillman Group 1964, Cincinnati (United States), Public | Provider of hardware and home improvement products to retail markets | - | 62/100 | |
4th | Recurrent Energy 2006, San Francisco (United States), Acquired | Developer of utility-scale solar projects | $585M | 62/100 | |
5th | Longroad Energy 2016, San Francisco (United States), Series B | Developer of utility-scale wind and solar power projects | $500M | 61/100 | |
6th | Strata Clean Energy 2008, Durham (United States), Late Stage | Online platform offering solar-based energy storage solutions | $150M | 60/100 | |
7th | Aspen Power 2020, Dallas (United States), Acquired | Provider of renewable energy asset development, construction, and operation services | $120M | 60/100 | |
8th | CleanChoice Energy 2011, Washington, DC (United States), Acquired | Renewable energy provider offering clean electricity solutions for a sustainable future | $16.6M | 58/100 | |
9th | Orbital Energy Group 1984, Houston (United States), Public | Developer of solar energy projects | - | 57/100 | |
10th | FTC Solar 2017, Austin (United States), Public | Developer of solar tracker systems and software for utility projects | - | - | 57/100 |
17th | BrightSource Energy 2006, Oakland (United States), Series G | AI-powered energy management software optimizing renewable energy and storage portfolios | $819M | 52/100 |
Looking for more details on BrightSource Energy's competitors? Click here to see the top ones
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
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BRIGHTSOURCE ENERGY, INC. Spins-Off Renewable Energy and Battery Storage Management Activity Headquartered in IsraelCNW•Jul 13, 2023•BrightSource Energy
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BRIGHTSOURCE ENERGY, INC. Spins-Off Renewable Energy and Battery Storage Management Activity Headquartered in IsraelPR Newswire•Jul 13, 2023•BrightSource Energy
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BrightSource selects Timken to provide precision drives for a thermal power project in South AfricaAfrica Business Communities•Jul 11, 2022•Timken, BrightSource Energy
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Israel's Megalim solar thermal power plant starts operationsIndiatimes•Apr 11, 2019•Noy Fund, General Electric, BrightSource Energy
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Concentrated Solar Power Market 2018-2023 by Regions (United States, North America, Europe, Asia-Pacific, South America, Middle East and Africa)nyrecorder.com•Dec 19, 2018•BrightSource Energy, SolarReserve, eSolar, SkyFuel
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Global Solar Thermal Power Market 2019- Sener, Acciona, BrightSource, Iberdrola, Samca, Abengoa Solarindustryjournal24.com•Dec 14, 2018•Iberdrola, Sener, ACCIONA, BrightSource Energy
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Competitive Assessment of Concentrating Solar Power Market by 2024marketanalysisnews.com•Nov 29, 2018•Schott AG, Areva Solar, BrightSource Energy, SkyFuel
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Global Concentrating Solar Power Market Insights 2018: Abengoa Solar, Aalborg CSP, ACWA Power, Bright Source Energytruthweek.com•Nov 11, 2018•Abengoa Solar, Aalborg CSP, ACWA Power, BrightSource Energy
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