When was Switched Source founded?

Switched Source was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Where is Switched Source located?

Switched Source is headquartered in Vestal, United States.

Who is the current CEO of Switched Source?

Charles Murray of Switched Source.

How many employees does Switched Source have?

As of Aug 31, 2026, the latest employee count at Switched Source is 13.

Is Switched Source a funded company?

Switched Source is a funded company, having raised a total of $10M across 6 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Jun 2017.

When was the latest funding round of Switched Source?

Switched Source's latest funding was a $***** Seed round on May 04, 2026, with participation from 0 investor.

Where does Switched Source rank among its competitors?

Switched Source ranks 2nd amongst 6 active competitors, of which 3 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Switched Source, which secured $10M in May, 2026.

Who are the top competitors of Switched Source?

Switched Source's top competitors include Smart Wires, Blixt and Infosec. Among them, Switched Source secured the most recent funding round in May, 2026.

Switched Source - 2026 Company Profile, Team, Funding & Competitors

Switched Source is a seed company based in Vestal (United States), founded in 2016 by Charles Murray and Lane Nelson. It operates as a Developer of hardware-based system for distributed energy resources. Switched Source has raised $10M in funding. The company has 6 active competitors, including 3 that are funded. Its top competitors include companies like Smart Wires, Blixt and Infosec.

Company Details

Developer of a hardware-based system for distributed energy resources. The offered device is a Tie Controller which acts as a controllable valve to transmit both real and reactive power in two different directions. Also, offers mobile applications to shift the load between neighboring circuit feeders or directly to installed Genset during overload and peak time.

Website: www.switchedsource.com/
Social
Email ID: *****@switchedsource.com
Phone Number: +1 **********

Key Metrics

Founded Year

2016

Location

Vestal, United States

Stage

Seed

Total Funding

$10M in 6 rounds

Latest Funding Round

Seed, May 04, 2026, $*****

Investors

Joules Accelerator & 8 more

Ranked

2^nd among 6 active competitors

Employee Count

13 as on Aug 31, 2026

Similar Companies

Smart Wires & 5 more

View Switched Source's full profile

Switched Source has raised a total funding of $10M over 6 rounds. Its first funding round was on Jun 2017. Switched Source has 9 institutional investors.

Here is the list of recent funding rounds of Switched Source:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 04, 2026	9020987	Seed	9527759	3746331	1614394	1601767
May 16, 2025	5236269	Grant (prize money)	7510157	7564107	9660247	OSTI
Apr 16, 2025	9782933	Grant (prize money)	7289993	9000230	3117104	OSTI

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View details of Switched Source's funding rounds and investors

The founders of Switched Source are Charles Murray and Lane Nelson.

Here are the details of Switched Source's key team members:

Charles Murray: Co-Founder & CEO of Switched Source.
Contact Info: 1 email address
Lane Nelson: Co-Founder of Switched Source.
Contact Info: 1 email address

View details of Switched Source's Founder profiles and Board Members

Switched Source's employee count trend

Switched Source has 13 employees as of Aug 26. Here is Switched Source's employee count trend over the years:

Employee count trend for Switched Source

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Top competitors of Switched Source include Smart Wires, Blixt and Infosec. Here is the list of Top 10 competitors of Switched Source, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Smart Wires 2010, Union City (United States), Series E	Provider of technology to enhance electric grid capacity and flexibility	$280M	RiverVest Venture Partners, BP Energy Partners ... & 9 others	58/100
2nd	Switched Source 2016, Vestal (United States), Seed	Developer of hardware-based system for distributed energy resources	$10M	Joules Accelerator, Capital Innovators & 7 others	46/100
3rd	Blixt 2018, Stockholm (Sweden), Seed	Developer of programmable power infrastructure for electrical distribution systems	$5.43M	Union Square Ventures, Energy Revolution Ventures ... & 6 others	40/100
4th	Infosec 1991, Sautron (France), Unfunded	Manufacturer of power protection equipment, including uninterruptible power supplies	-	-	29/100
5th	Faraday Grid 2016, Edinburgh (United Kingdom), Deadpooled	Offering autonomous and responsive transformer like solution	$32.5M	Gov & 1 others	26/100
6th	KAIZEN platform 2013, Shinjuku (Japan), Early Stage	Developer of software that increases transmission capacity and enhances reliability	$17.8M	-	25/100
7th	Sensorzoid Kolkata (India), Unfunded	Manufacturer of condition-based monitoring systems for electrical asset protection	-	-	16/100