When was kWantera founded?

kWantera was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is kWantera located?

kWantera is headquartered in Pittsburgh, United States. It is registered at 2740 Smallman St UNIT 401, Pittsburgh, PA 15222, United States.

How many employees does kWantera have?

As of Dec 31, 2022, kWantera has 7 employees, reflecting a 53% year-over-year decline in headcount.

Is kWantera a funded company?

kWantera is a funded company, having raised a total of $9.99M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Sep 07, 2007.

When was the latest funding round of kWantera?

kWantera's latest funding was a $***** Series A round on Dec 30, 2016, with participation from 0 investor. Its primary sector is Smart Grid. In United States, the Smart Grid sector has seen $39.6M in funding in 2026 to date.

Where does kWantera rank among its competitors?

kWantera ranks 4th amongst 9 active competitors, only 1 of which is funded. Gaiascope, which secured $2M in Aug, 2021.

Who are the top competitors of kWantera?

kWantera's top competitors include cQuant, Myst AI and Gaiascope. Among them, Gaiascope secured the most recent funding round in August, 2021.

kWantera - 2026 Company Profile, Team, Funding & Competitors

Company Details

kWantera is an energy analytics company which provides predictive modeling based recommendation engine to power market players, such as Commercial and Industrial electricity consumers and power generators who sell their power in the wholesale energy market. kWantera's predictive engine assists tracks and monitors a million data points to help users in day ahead purchase and sale of power in the exchange. The system provides for the daily optimized bidding strategies through their cloud-based web portal, the HUB, which provides access to market intelligence, data visualization, and energy management tools. It is backed by Ben Franklin Technology Partners.

Website: www.kwantera.com
Social
Registered Address: 2740 Smallman St UNIT 401, Pittsburgh, PA 15222, United States

Key Metrics

Founded Year

2006

Location

Pittsburgh, United States

Stage

Acquired

Total Funding

$9.99M in 5 rounds

Latest Funding Round

Series A, Dec 30, 2016, $*****

Investors

General Electric & 1 more

Ranked

4^th among 9 active competitors

Employee Count

7 as on Dec 31, 2022

Similar Companies

cQuant & 35 more

Exit Details

Acquired by Moody Aldrich Partners (Nov 07, 2016)

View kWantera's full profile

kWantera is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
KWANTERA INCORPORATED CIN: 204580341 , United States, Active	Dec 31, 1999	-	7 (As on Dec 31, 2022)	-
kWantera Inc CIN: 1411645 , United States, Active		$1 - $1M (As on Dec 09, 2014)	-	-

kWantera got acquired by Moody Aldrich Partners on Nov 07, 2016.

Click here to take a look at kWantera's acquisition in detail

kWantera has raised a total funding of $9.99M over 5 rounds. Its first funding round was on Sep 07, 2007. kWantera has 2 institutional investors.

Here is the list of recent funding rounds of kWantera:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 30, 2016	1840604	Series A	9216842	2101070	7171239	8192136
May 11, 2016	5636573	Series A	2689128	8508623	6163494	2191922
Dec 09, 2014	2773913	Series A	3479702	2569927	General Electric	1298043

Access funding benchmarks and valuations. Sign up today!

View details of kWantera's funding rounds and investors

The founders of kWantera is Mark DeSantis.

Here are the details of kWantera's key team members:

Mark DeSantis: Co-Founder of kWantera.
Mark DeSantis: CEO of kWantera.
Contact Info: 2 email addresses

View details of kWantera's Founder profiles and Board Members

kWantera's employee count trend

kWantera has 7 employees as of Dec 22. The total employee count is 53.0% lower than what it was in Dec 21. Here is kWantera's employee count trend over the years:

Uncover kWantera's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of kWantera include cQuant, Myst AI and Gaiascope. Here is the list of Top 10 competitors of kWantera, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	cQuant 2016, Louisville (United States), Acquired	Provider of energy analytics quantitative models	$2.97M	Free Radical Ventures	51/100
2nd	Myst AI 2018, San Francisco (United States), Acquired	Business intelligence solution for energy industries	$8M	Gradient Ventures, Valo Ventures & 2 others	47/100
3rd	Gaiascope 2019, Boston (United States), Acquired	Develops machine learning based analytics products for power industry	$2.15M	Y Combinator, VoLo Earth Ventures & 6 others	46/100
4th	kWantera 2006, Pittsburgh (United States), Acquired	Predictive analytics for Power seller and purchases of the wholesale energy market	$9.99M	General Electric, EDGE Advisers	36/100
5th	Tempus Energy 2013, Worcester (United States), Deadpooled	Demand management by using electricity during non peak hours at cheap rates	$8.18M	Techstars, Free Electrons	29/100
6th	Cold Futures 2014, Houston (United States), Seed	Data analytics for electricity forecasting	$30K	Surge Ventures, Houston Angel Network	26/100
7th	NECTAWARE 2015, Rome (Italy), Funding Raised	Developer of predictive software for energy generation and demand. This software analyzes big data from various sources in real time to provide accurate forecasts. It offers cloud-based solutions for energy sales operators and real-time monitoring of electricity consumption. The company also provides a unique service for the purchase and sale of green energy. A key offering is an AI-powered system that maps global photovoltaic plants, predicting generation data without direct meter access, leveraging aerospace and satellite technology. This supports the development of decentralized energy management systems and smart grids. The software combines advanced AI analysis with aerospace imagery and socioeconomic data to provide energy operators with innovative grid and market applications.	-	-	24/100
8th	Automous 2014, New York City (United States), Unfunded	Automous Oy - Home	-	-	20/100
9th	FADRS 2009, Wall Township (United States), Unfunded	AI-driven energy demand response management software provider	-	-	16/100
10th	Ansergy 2015, Bellevue (United States), Unfunded	Actionable energy forecasts and data for wholesale and equity markets	-	-	16/100