When was Shifted Energy founded?

Shifted Energy was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Where is Shifted Energy located?

Shifted Energy is headquartered in Honolulu, United States.

How many employees does Shifted Energy have?

As of Jul 22, 2025, the latest employee count at Shifted Energy is 15.

Is Shifted Energy a funded company?

Shifted Energy is a funded company, having raised a total of $4.95M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 05, 2019.

When was the latest funding round of Shifted Energy?

Shifted Energy's latest funding was a $***** Seed round on Mar 06, 2023, with participation from 5 investors.

Where does Shifted Energy rank among its competitors?

Shifted Energy ranks 100th amongst 4252 active competitors, of which 571 are funded. It stands 9th 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 Shifted Energy?

Shifted Energy's top competitors include Sense, Landis+Gyr and Span.IO. Among them, Sense secured the most recent funding round in January, 2026.

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

Shifted Energy is an acquired company based in Honolulu (United States), founded in 2014 by Olin Lagon. It operates as a Provider of load balancing for water heaters using renewable energy. Shifted Energy has raised $4.95M in funding from Kapor Capital and EPIC Ventures. The company has 4252 active competitors, including 571 funded and 381 that have exited. Its top competitors include companies like Sense, Landis+Gyr and Span.IO.

Company Details

Provider of load balancing for water heaters using renewable energy. It provides users with a platform that works with utilities and microgrid operators to identify suitable tanks to replace with high-efficiency electric water heaters. It provide value through energy savings.

Website: shiftedenergy.com
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Email ID: *****@shiftedenergy.com

Key Metrics

Founded Year

2014

Location

Honolulu, United States

Stage

Acquired

Total Funding

$4.95M in 2 rounds

Latest Funding Round

Seed, Mar 06, 2023, $*****

Investors

Kapor Capital & 11 more

Ranked

100^th among 4252 active competitors

Employee Count

15 as on Jul 22, 2025

Similar Companies

Sense & 5689 more

Exit Details

Acquired by Resource Innovations (Oct 09, 2025)

View Shifted Energy's full profile

Shifted Energy is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Shifted Energy, Inc. CIN: 471560222 , United States, Active		-	-	-

Shifted Energy got acquired by Resource Innovations on Oct 09, 2025.

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

Shifted Energy has raised a total funding of $4.95M over 2 rounds. Its first funding round was on Mar 05, 2019. Its latest funding round was a Seed round on Mar 06, 2023 for $*****. 5 investors participated in its latest round. Shifted Energy has 12 institutional investors.

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

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 06, 2023	6167608	Seed	9281848	1727897	4612974	7723885
Mar 05, 2019	6886297	Seed	1752381	7542976	2983383	7294877

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View details of Shifted Energy's funding rounds and investors

The founders of Shifted Energy is Olin Lagon.

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

Olin Lagon: Founder & CEO of Shifted Energy.
Contact Info: 1 email address

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

Shifted Energy's employee count trend

Shifted Energy has 15 employees as of Jul 25. Here is Shifted Energy's employee count trend over the years:

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Top competitors of Shifted Energy include Sense, Landis+Gyr and Span.IO. Here is the list of Top 10 competitors of Shifted Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	Energy Impact Partners, IDO Investments & 21 others	77/100
2nd	Landis+Gyr 1896, Cham (Switzerland), Acquired	Provider of advanced grid infrastructure, energy management, and smart metering solutions	$1.03B	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	76/100
3rd	Span.IO 2014, San Francisco (United States), Series C	Provider of smart panel for home energy management	$419M	Wellington, Energy Foundry & 32 others	70/100
4th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	70/100
5th	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, Canadian Imperial Bank of Commerce ... & 11 others	70/100
6th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	70/100
7th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	69/100
8th	Deako 2015, Seattle (United States), Series B	Manufacturer of modular smart lighting systems and related accessories	$65.1M	Kinetic Ventures, Tandem Capital & 10 others	68/100
9th	Smart Joules 2014, Delhi (India), Series B	Provider of energy efficiency solutions for commercial and industrial buildings	$20.7M	Asian Development Bank, European Development Finance Institutions ... & 26 others	68/100
10th	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	67/100
100th	Shifted Energy 2014, Honolulu (United States), Acquired	Provider of load balancing for water heaters using renewable energy	$4.95M	Elemental, Innovation Incubator & 10 others	54/100