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Uplight - About the company

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 4905 active competitors, including 620 funded and 440 that have exited. Its top competitors include companies like Landis+Gyr, Metronome and SPAN.

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.
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Key Metrics
Founded Year
2019
Location
Boulder, United States
Stage
Acquired
Total Funding
$30M in 2 rounds
Latest Funding Round
Last Known Valuation
$1.5B as on Dec 31, 2025
Investors
Ranked
Employee Count
563 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Octopus Energy Group (Mar 24, 2026)

Uplight's acquisition details

Uplight got acquired by Octopus Energy Group on Mar 24, 2026.
Click here to take a look at Uplight's acquisition in detail
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Uplight's funding and investors

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
-
-
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Uplight's founders and board of directors

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Uplight's employee count trend

Uplight has 563 employees as of Aug 26. Here is Uplight's employee count trend over the years:
Employee count trend for Uplight
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Uplight's Competitors and alternates

Top competitors of Uplight include Landis+Gyr, Metronome and SPAN. 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
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
77/100
2nd
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
3rd
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
4th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
5th
Logo for Bidgely
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
6th
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
69/100
7th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
8th
Logo for Stem
Stem
2009, Millbrae (United States), Public
Provider of AI and cloud-driven energy solutions
$229M
69/100
9th
Logo for Tibber
Tibber
2016, Stockholm (Sweden), Series C
Provider of a digital platform for electricity consumption management and insights
$177M
69/100
10th
Logo for Smart Joules
Smart Joules
2014, Delhi (India), Series B
Provider of AI-powered energy efficiency solutions for commercial buildings
$20.7M
69/100
12th
Logo for Uplight
Uplight
2019, Boulder (United States), Acquired
AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings
$30M
65/100
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Uplight's Investments and acquisitions

Uplight has not made any investments yet. Uplight has made 4 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Dec 14, 2023
Acquisition
2011
Redwood City (United States)
May 11, 2022
Acquisition
2011
Redwood City (United States)
Oct 27, 2021
Acquisition
2009
Chicago (United States)
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See all acquisitions by Uplight

Reports related to Uplight

Here is the latest report on Uplight's sector:

News related to Uplight

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Media has covered Uplight for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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