When was Open Energi founded?

Open Energi was founded in 1999 and raised its 1st funding round 9 years after it was founded.

Where is Open Energi located?

Open Energi is headquartered in London, United Kingdom. It is registered at 239 Old Marylebone Road, London, United Kingdom, NW1 5QT.

Which legal entities is Open Energi associated with?

Open Energi is associated with Open Energi Limited.

How many employees does Open Energi have?

As of Mar 01, 2026, the latest employee count at Open Energi is 10 - 49.

Is Open Energi a funded company?

Open Energi is a funded company, having raised a total of $167M across 8 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Oct 07, 2008.

How much is Open Energi worth?

The last known valuation of Open Energi was $***** as of Oct 19, 2016.

When was the latest funding round of Open Energi?

Open Energi's latest funding was a $***** Series C round on Oct 19, 2016, with participation from 0 investor.

What is the annual revenue of Open Energi?

Annual revenue of Open Energi is less than £1M as on Dec 31, 2018

Where does Open Energi rank among its competitors?

Open Energi ranks 227th amongst 4467 active competitors, of which 595 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Sense, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Open Energi?

Open Energi's top competitors include Landis+Gyr, Enel X and Metronome. Among them, Sense secured the most recent funding round in January, 2026.

Open Energi - 2026 Company Profile, Team, Funding, Competitors & Financials

Open Energi is an acquired company based in London (United Kingdom), founded in 1999. It operates as a Provider of AI and cloud-based load management systems. Open Energi has raised $167M in funding from investors like Ombu Group, Carbon Trust and Naxos Capital Partners, with last known valuation of $*****. The company has 4467 active competitors, including 595 funded and 425 that have exited. Its top competitors include companies like Landis+Gyr, Enel X and Metronome.

Company Details

Open Energi offers energy demand management solutions that react to changes in the balance between supply and demand on the electricity grid and contributes to keeping the grid in balance. The dynamic demand technology integrates with a range of equipment from fridges to furnaces and turns them into smart devices which can adjust their energy consumption in real-time to help the grid manage electricity supply and demand. It offers analytics based on demand response for utilities to act accordingly.

Website: openenergi.com
Social
Email ID: *****@bp.com
Phone Number: +44 **********
Registered Address: 239 Old Marylebone Road, London, United Kingdom, NW1 5QT

Key Metrics

Founded Year

1999

Location

London, United Kingdom

Stage

Acquired

Total Funding

$167M in 8 rounds

Latest Funding Round

Series C, Oct 19, 2016, $*****

Last Known Valuation

$***** as on Oct 19, 2016

Investors

Ombu Group & 17 more

Ranked

227^th among 4467 active competitors

Annual Revenue

£0 - £1M as on Dec 31, 2018

Employee Count

10 - 49 as on Mar 01, 2026

Similar Companies

Landis+Gyr & 5918 more

Exit Details

Acquired by BP Ventures (Jul 22, 2021)

View Open Energi's full profile

Open Energi is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Open Energi Limited CIN: 03838585 , United Kingdom, Active	Sep 08, 1999	£0 - £1M (As on Dec 31, 2018)	26 (As on Jan 31, 2020)

Open Energi got acquired by BP Ventures on Jul 22, 2021.

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

Open Energi has raised a total funding of $167M over 8 rounds. Its first funding round was on Oct 07, 2008. Open Energi has 7 institutional investors and 11 angel investors.

Here is the list of recent funding rounds of Open Energi:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 19, 2016	6111892	Series C	7885534	4398208	5125011	8151443
Feb 01, 2015	4685393	Grant (prize money)	6500415	9997642	4367009	Europa
Jan 16, 2015	2905486	Series C	9470359	6453123	2357721	4738443

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View details of Open Energi's funding rounds and investors

Open Energi's Board of Directors

Open Energi's board has 2 active members. Stephen Henry Ralph Brooke and Richard George Andrew Haddon are independent board members.

Here is the list of Open Energi's board of directors:

Name	Type	Representing	Status	Duration
Stephen Henry Ralph Brooke	Independent board member	-	Current	16y 11m
loibrtq	Independent board member	-	Current	8y 2m
ltqfdtn	Independent board member	-	Past	6y 9m
sclysur	Independent board member	-	Past	8y 7m
nrbhmwa	Independent board member	-	Past	9y 3m
usewdwb	Independent board member	-	Past	7y 1m
ourakdq	Independent board member	-	Past	7y 8m
eatsho{	Independent board member	-	Past	2y 8m
bp{ojj{	Independent board member	-	Past	9y 8m
hvfqcem	Independent board member	-	Past	1y 8m
lpfsile	Independent board member	-	Past	2y 9m
fwwpoej	Independent board member	-	Past	6y 3m
wukqrto	Independent board member	-	Past	4y 6m
jmlfglu	Independent board member	-	Past	1y 9m
icvjd{j	Independent board member	-	Past	5y 5m
hgtdnhn	Independent board member	-	Past	3y 5m
opminco	Independent board member	-	Past	7y 4m

Open Energi's employee count trend

Open Energi has 10 - 49 employees as of Mar 26. Here is Open Energi's employee count trend over the years:

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Top competitors of Open Energi include Landis+Gyr, Enel X and Metronome. Here is the list of Top 10 competitors of Open Energi, ranked by Tracxn score:

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	Triodos Investment Management, Hudson Clean Energy Partners ... & 3 others	77/100
2nd	Enel X 2001, Boston (United States), Acquired	Developer of utility-scale renewable energy projects	$168M	Foundation Capital, Glen Capital & 9 others	75/100
3rd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	73/100
4th	SPAN 2014, San Francisco (United States), Series C	Smart energy management technology platform that modernizes residential electrical systems	$419M	Wellington, Fifth Wall & 33 others	73/100
5th	Sense 2013, Cambridge (United States), Series D	Smart energy platform providing real-time electricity usage insights for homes and utilities	$177M	Energy Impact Partners, IDO Investments & 21 others	71/100
6th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Oak Investment Partners, Venrock & 19 others	70/100
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	Khosla Ventures, Georgian & 11 others	69/100
8th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
9th	Smart Joules 2014, Delhi (India), Series B	Provider of AI-powered energy efficiency solutions for commercial buildings	$20.7M	Asian Development Bank, Aarem Ventures & 26 others	69/100
10th	Voltus 2016, San Francisco (United States), Public	Provider of demand response services for energy users and operators	$66.2M	NGP Energy Technology Partners, Activate Capital ... & 4 others	67/100
227th	Open Energi 1999, London (United Kingdom), Acquired	Provider of AI and cloud-based load management systems	$167M	Salica Investments, Ombu Group & 16 others	45/100