When was David Energy founded?

David Energy was founded in 2016 and raised its 1st funding round 4 years after it was founded.

Where is David Energy located?

David Energy is headquartered in Brooklyn, United States.

Who is the current CEO of David Energy?

James McGinniss of David Energy. They have also founded 1 company.

How many employees does David Energy have?

As of Aug 31, 2026, the latest employee count at David Energy is 54.

Is David Energy a funded company?

David Energy is a funded company, having raised a total of $49.1M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 04, 2020.

When was the latest funding round of David Energy?

David Energy's latest funding was a $***** Series B round on Apr 29, 2024, with participation from 5 investors. Its primary sector is Smart Grid. In United States, the Smart Grid sector has seen $4.53B in funding in 2026 to date.

Where does David Energy rank among its competitors?

David Energy ranks 6th amongst 33 active competitors, of which 10 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Scale Microgrids, which secured $300K in Aug, 2026.

Who are the top competitors of David Energy?

David Energy's top competitors include solaris-energy.com, Scale Microgrids and VoltaGrid. Among them, Scale Microgrids secured the most recent funding round in August, 2026.

David Energy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of distributed energy management systems. It provides software Mycor - that helps in the management of the building's energy efficiency and consumption. Feature offerings include utility billings, cost energy supply contracts, local law compliance, demand response programs, and more. It offers solutions such as portfolio level analysis, demand-side management, distributed energy resources & microgrid management, and more.

Website: davidenergy.com
Social
Email ID: *****@davidenergy.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Brooklyn, United States

Stage

Series B

Total Funding

$49.1M in 5 rounds

Latest Funding Round

Series B, Apr 29, 2024, $*****

Investors

Greycroft & 24 more

Ranked

6^th among 33 active competitors

Employee Count

54 as on Aug 31, 2026

Similar Companies

Bboxx & 64 more

View David Energy's full profile

David Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DAVID ENERGY SYSTEMS, INC. CIN: 5626874 , United States, Active	Sep 24, 2019	-	-	-

David Energy has raised a total funding of $49.1M over 5 rounds. Its first funding round was on Mar 04, 2020. Its latest funding round was a Series B round on Apr 29, 2024 for $*****. 5 investors participated in its latest round. David Energy has 19 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of David Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 29, 2024	4041491	Series B	5506882	7632214	2882237	5832679
Mar 28, 2022	7548821	Series A	7327179	6389552	3552424	Equal Ventures & 5 more
Feb 09, 2021	5452473	Conventional Debt	2040655	3833162	1846913	Hartree Partners

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View details of David Energy's funding rounds and investors

The founders of David Energy are Ahmed Salman, Brian Maxwell and James McGinniss.

Here are the details of David Energy's key team members:

Ahmed Salman: Co-Founder of David Energy and founder of 1 other company. They serve on the board of 1 company.
Brian Maxwell: Co-Founder of David Energy and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address
James McGinniss: Co-Founder & CEO of David Energy and founder of 1 other company. They serve on the board of 1 company.
Contact Info: 1 email address

David Energy's Board of Directors

David Energy's board has 7 active members. Ahmed Salman, Brian Maxwell, James McGinniss, Sam Strasser, Rick Zullo, Benjamin Birnbaum and CHAITU PARIKH are independent board members.

Here is the list of David Energy's board of directors:

Name	Type	Representing	Status	Duration
Ahmed Salman	Independent board member	-	Current	6y 9m
nfwmhim	Independent board member	-	Current	1y 4m
zdhtami	Independent board member	-	Current	8y 4m
fxcghhg	Independent board member	-	Current	7y 9m
kkihoon	Independent board member	-	Current	2y 8m
ckcnmse	Independent board member	-	Current	3y 4m
zqwzrvo	Independent board member	-	Current	4y 8m

View details of David Energy's Founder profiles and Board Members

David Energy's employee count trend

David Energy has 54 employees as of Aug 26. Here is David Energy's employee count trend over the years:

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Top competitors of David Energy include solaris-energy.com, Scale Microgrids and VoltaGrid. Here is the list of Top 10 competitors of David Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	solaris-energy.com 2014, Houston (United States), Public	Provider of renewable energy systems for residential and commercial applications	$60M	Cadence Bank, UBS & 1 others	65/100
2nd	Scale Microgrids 2016, Ridgewood (United States), Acquired	Provider of distributed energy solutions, including design, build, and finance	$30M	Warburg Pincus	63/100
3rd	VoltaGrid 2020, Houston (United States), Series E	Provider of modular natural gas power generation and infrastructure solutions	$1.08B	CPP Investments, Walter Ventures & 26 others	60/100
4th	Enchanted Rock 2006, Houston (United States), Series C	Clean onsite power generation for commercial, industrial, and data center resilience	$36.5M	Energy Impact Partners, Tectonic Ventures ... & 1 others	57/100
5th	New Sun Road 2014, Richmond (United States), Series A	Provider of distributed energy solutions for the renewable power industry	$5.9M	Nelnet, Climate Capital & 6 others	57/100
6th	David Energy 2016, Brooklyn (United States), Series B	Provider of distributed energy management systems	$49.1M	Toba Capital, Union Square Ventures & 23 others	56/100
7th	Sesame Solar 2017, Jackson (United States), Funding Raised	Provider of solar nanogrid solutions	-	PAX Momentum, VSC Ventures	45/100
8th	ELONCITY 2017, Dublin (United States), Series A	Provider of micro grid solutions enabled with distributed power generation systems	$20M	Krypital Group, Fenbushi Capital & 7 others	43/100
9th	NovoMoto 2016, Madison (United States), Funding Raised	Offers micro-grids and monitoring solutions	-	Evergreen Climate Innovations, Patient Ventures ... & 1 others	39/100
10th	Verdant Microgrid 2019, Bethesda (United States), Series D	Operator of microgrids to provide electricity to off-grid areas	$150M	ClearGen	31/100