When was Uplight founded?

Uplight was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Uplight located?

Uplight is headquartered in Boulder, United States.

How many employees does Uplight have?

As of Apr 30, 2026, the latest employee count at Uplight is 561.

Is Uplight a funded company?

Uplight is a funded company, having raised a total of $30M across 2 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Seed round on Mar 03, 2021.

How much is Uplight worth?

The last known valuation of Uplight was $1.5B as of Jul 28, 2021.

When was the latest funding round of Uplight?

Uplight's latest funding was a $30M Series A round on Mar 13, 2025, with participation from 0 investor. Its primary sector is Smart Grid. In United States, the Smart Grid sector has seen $911M in funding in 2026 to date.

Is Uplight a Smart Grid company?

The primary sectors of Uplight are Smart Grid, Energy Efficiency Tech, Facility Management Tech, IoT Applications and Energy Efficiency.

Where does Uplight rank among its competitors?

Uplight ranks 19th amongst 4839 active competitors, of which 630 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 Uplight?

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

Uplight - 2026 Company Profile, Team, Funding & Competitors

Uplight is an acquired company based in Boulder (United States), founded in 2019. It operates as an AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings. Uplight has raised $30M in funding from AES and Schneider Electric, with last known valuation of $1.5B. The company has 4839 active competitors, including 630 funded and 426 that have exited. Its top competitors include companies like Landis+Gyr, Sense and Metronome.

Sectors and market segments that Uplight operate in

Uplight serves in the Energy Tech, Environment Tech, Sustainability Tech, Real Estate and Construction Tech, High Tech, Internet of Things - Industry Applications, Energy market segments.The primary business model of Uplight are:

Company Details

AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings. It provides energy management systems designed to offer control, demand response, electric vehicle charging, and distributed generation support.

Website: uplight.com
Social

Key Metrics

Founded Year

2019

Location

Boulder, United States

Stage

Acquired

Total Funding

$30M in 2 rounds

Latest Funding Round

Series A, Mar 13, 2025, $30M

Last Known Valuation

$1.5B as on Jul 28, 2021

Investors

AES & 4 more

Ranked

19^th among 4839 active competitors

Employee Count

561 as on Apr 30, 2026

Investment & Acquisitions

Autogrid & 3 more

Similar Companies

Landis+Gyr & 6565 more

Exit Details

Acquired by Octopus Energy Group (Mar 24, 2026)

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Uplight got acquired by Octopus Energy Group on Mar 24, 2026.

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Uplight has raised a total funding of $30M over 2 rounds. Its first funding round was on Mar 03, 2021. Uplight has 5 institutional investors.

Here is the list of recent funding rounds of Uplight:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 13, 2025	$30M	Series A	-	-	-	-
Mar 03, 2021	Undisclosed	Seed	-	-	Schneider Electric, AES	Huck Capital, Coatue

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Uplight's employee count trend

Uplight has 561 employees as of Apr 26. Here is Uplight's employee count trend over the years:

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Top competitors of Uplight include Landis+Gyr, Sense and Metronome. Here is the list of Top 10 competitors of Uplight, 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	Hudson Clean Energy Partners, Triodos Investment Management ... & 3 others	77/100
2nd	Sense 2013, Cambridge (United States), Series D	Provider of AI and app-based energy monitoring solutions	$195M	IDO Investments, Shell Ventures & 21 others	76/100
3rd	Metronome 2020, San Francisco (United States), Acquired	Usage-based invoice management solutions for small businesses	$128M	New Enterprise Associates, Andreessen Horowitz ... & 17 others	72/100
4th	Span.IO 2014, San Francisco (United States), Series C	Provider of smart panel for home energy management	$419M	Wellington, Fifth Wall & 33 others	72/100
5th	Phononic 2009, Durham (United States), Series F	Providing solid state thermal management solutions	$230M	Venrock, Oak Investment Partners & 18 others	70/100
6th	Resideo 2018, Wilmington (United States), Public	Provider of smart home solutions for security, air, water, and energy	-	CD&R	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, Canadian Imperial Bank of Commerce ... & 11 others	69/100
8th	Tibber 2016, Stockholm (Sweden), Series C	Provider of a digital platform for electricity consumption management and insights	$177M	Summa Equity, Founders Fund & 10 others	69/100
9th	Stem 2009, Millbrae (United States), Public	Provider of AI and cloud-driven energy solutions	$229M	Mitsui, Activate Capital & 22 others	69/100
10th	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	69/100
19th	Uplight 2019, Boulder (United States), Acquired	AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings	$30M	Schneider Electric, AES & 3 others	65/100

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Uplight has not made any investments yet. Uplight has made 4 acquisitions.

Here is the list of latest three $acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 14, 2023	Acquisition	Autogrid	2011	Redwood City (United States)
May 11, 2022	Acquisition	Autogrid	2011	Redwood City (United States)
Oct 27, 2021	Acquisition	Agentis Energy	2009	Chicago (United States)