Trove - About the company
Trove is an acqui-hired company based in Buffalo (United States), founded in 2010. It operates as a SaaS-driven predictive data science, customer engagement analytics, load forecasting. Trove has raised $12.7M in funding from ENGIE Impact. The company has 2402 active competitors, including 397 funded and 250 that have exited. Its top competitors include companies like Sense, Landis+Gyr and AppFolio.
Company Details
SaaS-driven predictive data science, customer engagement analytics, load forecasting. Provides predictive data science that delivers data-powered predictive science solutions. The company offers solutions in the areas of Predictive data science and data fusion. The company also provides a cloud-based Platform-as-a-Service (PaaS) solution. Their platform delivers solutions to partners in the form of demand forecasting, program optimization, fraud identification, and customer segmentation.
- Website
- trovedata.com
Key Metrics
Founded Year
2010
Location
Buffalo, United States
Stage
Acqui-Hired
Total Funding
$12.7M in 4 rounds
Latest Funding Round
Investors
Ranked
273rd among 2402 active competitors
Employee Count
22 as on Dec 31, 2018
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Trove's funding and investors
Trove has raised a total funding of $12.7M over 4 rounds. Its first funding round was on May 10, 2011. Its latest funding round was a Series A round on Jan 12, 2016 for $*****. 1 investor participated in its latest round. Trove has 4 institutional investors.
Here is the list of recent funding rounds of Trove:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 12, 2016 | 8115049 | Series A | 6363860 | 3568976 | 1965790 | 4287361 |
Feb 17, 2015 | 1175709 | Series A | 2213602 | 9960135 | 3853635 | |
Aug 26, 2013 | 5299263 | Seed | 6161346 | 3683797 | 2107285 |
View details of Trove's funding rounds and investors
Trove's founders and board of directors
Founder? Claim ProfileTrove's employee count trend
Trove has 22 employees as of Dec 18. The total employee count is 16.0% more than what it was in Dec 17. Here is Trove's employee count trend over the years:
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Trove's Competitors and alternates
Top competitors of Trove include Sense, Landis+Gyr and AppFolio. Here is the list of Top 10 competitors of Trove, ranked by Tracxn score:
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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 | 77/100 | |
2nd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Provider of advanced grid infrastructure, energy management, and smart metering solutions | $1.03B | 76/100 | |
3rd | AppFolio 2006, Santa Barbara (United States), Public | SaaS-driven property management software for owners and residential property managers | $30M | 73/100 | |
4th | Johnson Controls 1885, Cork (Ireland), Public | Manufacturer and supplier of automotive batteries and HVAC equipment | - | 72/100 | |
5th | Span.IO 2014, San Francisco (United States), Series C | Provider of smart panel for home energy management | $419M | 70/100 | |
6th | PowerSecure 1991, Wake Forest (United States), Acquired | Energy efficiency and smart grid management solutions | - | 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 | 70/100 | |
8th | MaintainX 2018, San Francisco (United States), Series D | Provider of a platform for maintenance and operations management solutions | $254M | 69/100 | |
9th | Smart Joules 2014, Delhi (India), Series B | Provider of energy efficiency solutions for commercial and industrial buildings | $20.7M | 68/100 | |
10th | Developer of energy management and optimization system for various sectors | $55.5M | 66/100 | ||
273rd | Trove 2010, Buffalo (United States), Acqui-Hired | SaaS-driven predictive data science, customer engagement analytics, load forecasting | $12.7M | 40/100 |
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Trove's Investments and acquisitions
Trove has made no investments or acquisitions yet.
Reports related to Trove
Here is the latest report on Trove's sector:
News related to Trove
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Align Capital-backed E Source acquires TROVE Predictive Data SciencePE Hub•Feb 12, 2020•E Source, Trove
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TROVE Emerging as the Data Science and AI Provider of Choice for U.S. Electric UtilitiesGlobeNewswire•Oct 17, 2019•Trove
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TROVE Posts Record 2018 Results on Strength of AI Software, Agile Data Science MethodologySmartgridobserver•Jan 31, 2019•Trove
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TROVE and MSH Partner to Meet Growing Demand for Predictive Data Science SolutionsGlobeNewswire•Dec 14, 2017•MSH, Trove
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Ecova Invests in TROVE, a Next-Generation Predictive Data Science Company | Business WireBusiness Wire•Feb 08, 2016•Trove, Ecova
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Avista and Itron Jointly Invest in TROVE Predictive Data Science PRWeb•Feb 17, 2015•Trove, , Itron, CUBRC
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