dcbel - About the company
dcbel is a series C company based in Montreal (Canada), founded in 2015 by Marc Andre Forget and Ronald Denom. It operates as a Developer of a home energy management system. This system allows homeowners to monitor, manage, and optimize their energy consumption. It facilitates the buying and selling of excess energy, enabling greater energy independence and resilience. The system integrates with various residential energy sources and apps, providing a comprehensive solution for home energy needs. It simplifies energy management through automated processes, offering users control and insights into their energy usage.. dcbel has raised $152M in funding from investors like SVB, Coatue and Invest Quebec. The company has 5 active competitors, including 3 funded and 1 that has exited. Its top competitors include companies like Emporia Energy, Chargetic and VCHRGD.
Key Metrics
Founded Year
2015
Location
Montreal, Canada
Stage
Series C
Total Funding
$152M in 6 rounds
Latest Funding Round
Ranked
1st among 5 active competitors
Employee Count
121 as on Aug 31, 2026
Similar Companies
Legal entities associated with dcbel
dcbel is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DCBEL LLC CIN: 872158240 , United States, Active | Dec 31, 1999 | - | 2 (As on Dec 31, 2024) | - |
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dcbel's funding and investors
dcbel has raised a total funding of $152M over 6 rounds. Its first funding round was on 2020. Its latest funding round was a Series C round on Sep 03, 2025 for $*****. 1 investor participated in its latest round. dcbel has 9 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of dcbel:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Sep 03, 2025 | 4946376 | Series C | 2608420 | 5339284 | 9118896 | 2673480 |
Mar 07, 2025 | 4053166 | Series C | 8929208 | 5399479 | 2722213 | |
Aug 17, 2023 | 4988424 | Series B | 3173931 | 5321548 |
View details of dcbel's funding rounds and investors
dcbel's founders and board of directors
Founder? Claim ProfileThe founders of dcbel are Marc Andre Forget and Ronald Denom. Marc Andre Forget is the CEO of dcbel.
Here are the details of dcbel's key team members:
- Marc Andre Forget: Co-Founder & CEO of dcbel.
- Ronald Denom: Co-Founder & COO of dcbel. Contact Info: 1 email address
View details of dcbel's Founder profiles and Board Members
dcbel's employee count trend
dcbel has 121 employees as of Aug 26. Here is dcbel's employee count trend over the years:
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dcbel's Competitors and alternates
Top competitors of dcbel include Emporia Energy, Chargetic and VCHRGD. Here is the list of Top 10 competitors of dcbel, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Developer of a home energy management system. This system allows homeowners to monitor, manage, and optimize their energy consumption. It facilitates the buying and selling of excess energy, enabling greater energy independence and resilience. The system integrates with various residential energy sources and apps, providing a comprehensive solution for home energy needs. It simplifies energy management through automated processes, offering users control and insights into their energy usage. | $152M | 62/100 | ||
2nd | Emporia Energy 2018, Littleton (United States), Series A | Provider of energy monitoring system for residential purposes | $7M | 58/100 | |
3rd | Provider of full-service intelligent electric vehicle charging solutions | - | - | 22/100 | |
4th | VCHRGD 2021, London (United Kingdom), Unfunded | Provider of plug-in charging stations for four-wheeler electric vehicles | - | - | 20/100 |
5th | Sun2wheel 2020, Kriens (Switzerland), Seed | Provider of charging infrastructure for electric vehicles | - | 18/100 | |
6th | BBTechnologysolutions 2017, Deadpooled | Manufacturer of load sharing devices for EVs | - | - | 15/100 |
Looking for more details on dcbel's competitors? Click here to see the top ones
dcbel's Investments and acquisitions
dcbel has made no investments or acquisitions yet.
Reports related to dcbel
Here is the latest report on dcbel's sector:
News related to dcbel
Media has covered dcbel for a total of 4 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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Volvo EX90 owners in US can use bi-directional charging via dcbel's Ara Home Energy StationElectric Cars Report•Nov 18, 2025•Volvo Cars, dcbel
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dcbel Secures Additional Funding to Expand Growth PhaseMiningstockeducation•Sep 03, 2025•Fidelity, dcbel, United Parcel Service, American Express
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Darcy Partners Announces Top Energy Transition Innovators of 2024PR Newswire•Feb 25, 2025•Darcy Partners, Beam Global, dcbel, FlexCharging and 36 others
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Dcbel Selects Averna To Test Revolutionary Home Energy Management SystemPR Newswire•Mar 26, 2024•dcbel, Averna
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dcbel Raises $50M+ In Series B FundingFinSMEs•Aug 18, 2023•dcbel, Volvo Cars, Coatue, Real Ventures and 2 others
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Volvo Cars invests into home energy systems by dcbel (V2X)electrive.com•May 26, 2023•Volvo Cars, dcbel
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dcbel chooses Celestica to manufacture their home energy stationBusinessFortNight•Sep 07, 2022•dcbel, Celestica
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