OhmConnect - About the company
OhmConnect is a series D company based in San Francisco (United States), founded in 2013 by Matt Duesterberg and Curtis Tongue. It operates as a Provider of energy management software solutions. OhmConnect has raised $90M in funding from investors like Sidewalk Infrastructure Partners, Telus and Floodgate. The company has 3347 active competitors, including 511 funded and 347 that have exited. Its top competitors include companies like Landis+Gyr, ecobee and Enel X.
Company Details
Provider of energy management software solutions. It provides home energy management through smart meter analytics and energy market integration. It also enables residential users to sell their energy reductions directly into energy markets via demand response.
- Website
- www.ohmconnect.com/www/None
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2013
Location
San Francisco, United States
Stage
Series D
Total Funding
$90M in 5 rounds
Latest Funding Round
Investors
Ranked
154th among 3347 active competitors
Employee Count
14 as on Aug 31, 2026
Similar Companies
Legal entities associated with OhmConnect
OhmConnect is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
OhmConnect Inc CIN: 20201691668 , United States, Active | Aug 10, 2020 | - | - | - |
OHMCONNECT, INC CIN: 464395720 , United States, Active | Dec 31, 2012 | - | 85 (As on Dec 31, 2023) | - |
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OhmConnect's funding and investors
OhmConnect has raised a total funding of $90M over 5 rounds. Its first funding round was on May 09, 2014. Its latest funding round was a Series D round on Jun 09, 2022 for $*****. 11 investors participated in its latest round. OhmConnect has 27 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of OhmConnect:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jun 09, 2022 | 8742941 | Series D | 1578862 | 6204739 | 4808818 | 6129234 |
Dec 07, 2020 | 2466587 | Series C | 2518423 | 3243878 | 9295065 | |
Apr 17, 2018 | 4362898 | Series B | 5060951 | 5172135 |
View details of OhmConnect's funding rounds and investors
OhmConnect's founders and board of directors
Founder? Claim ProfileThe founders of OhmConnect are Matt Duesterberg and Curtis Tongue. Rafael Fegueroa is the CEO of OhmConnect.
Here are the details of OhmConnect's key team members:
- Matt Duesterberg: Former Co-Founder of OhmConnect. Contact Info: 2 email addresses
- Curtis Tongue: Former Co-Founder of OhmConnect.
- Rafael Fegueroa: CEO of OhmConnect.
View details of OhmConnect's Founder profiles and Board Members
OhmConnect's employee count trend
OhmConnect has 14 employees as of Aug 26. Here is OhmConnect's employee count trend over the years:
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OhmConnect's Competitors and alternates
Top competitors of OhmConnect include Landis+Gyr, ecobee and Enel X. Here is the list of Top 10 competitors of OhmConnect, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 77/100 | |
2nd | Manufacturer of smart thermostats, sensors, cameras, and security system bundles | $155M | 75/100 | ||
3rd | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
4th | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 73/100 | |
5th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
6th | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
7th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 69/100 | |
8th | Cloud-based enterprise asset management solutions | $52.3M | 69/100 | ||
9th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
10th | Provider of a digital platform for electricity consumption management and insights | $177M | 69/100 | ||
154th | OhmConnect 2013, San Francisco (United States), Series D | Provider of energy management software solutions | $90M | 48/100 |
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OhmConnect's Investments and acquisitions
OhmConnect has made no investments or acquisitions yet.
Reports related to OhmConnect
Here is the latest report on OhmConnect's sector:
News related to OhmConnect
•
Renew Home launches virtual power plant solutionpv magazine•May 14, 2024•Renew Home, Google, OhmConnect
•
Google's Nest Renew and OhmConnect Combine to Form Renew Home, the Nation's Largest Residential Virtual Power PlantPR Newswire•May 09, 2024•Renew Home, Google, OhmConnect
•
Google-Backed Company To Invest $100 Million In Virtual Power PlantForbes•Feb 11, 2024•OhmConnect, Sidewalk Infrastructure Partners
•
Latham & Watkins Advises Sidewalk Infrastructure Partners in OhmConnect’s Merger with Google Nest RenewLegal Desire•Jan 04, 2024•Sidewalk Infrastructure Partners, Google, OhmConnect
•
OhmConnect announces success of pilot Market-Aware Behind-the-Meter Battery Storage Programme with SunPowerRenewable Energy Magazine•Dec 05, 2023•SunPower, OhmConnect, SunPower
•
SunPower and OhmConnect join forces on California VPP effortsSolar Power World Online•Apr 25, 2023•SunPower, OhmConnect
•
General Motors, Ford and Google partner with clean energy companies to promote virtual power plantsworldfin.news•Jan 11, 2023•Google, General Motors, Ford, Rocky Mountain Institute and 5 others
•
OhmConnect Raises $55M in Series D FundingFinSMEs•Jun 10, 2022•OhmConnect, ClearSky, Sidewalk Infrastructure Partners, Telus and 10 others
•
OhmConnect Surpasses 250,000 Connected Appliances and Devices in Homes; Collaborates with SunPower and Carrier to Enhance Grid ResiliencyPR Newswire•Mar 31, 2022•OhmConnect, Carrier, SunPower
•
OhmConnect Partners with Google Nest Prevent Blackouts in CaliforniaResidential Systems•Apr 27, 2021•Google, OhmConnect
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