About Powerhouse
Powerhouse is a venture capital firm founded in 2013. It is primarily based out of Oakland, United States. As of May 2025, Powerhouse has invested in 35 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Environment Tech to Enterprise Applications and Energy Tech. Most recently it participated in the $***** Series A round of Heron Power Overall, Powerhouse portfolio has seen 7 acquisitions including key companies like Solstice, Pearl Street Technologies and WattBuy. A lot of funds co-invest with Powerhouse, with names like Wireframe Ventures sharing a substantial percentage of its portfolio. Powerhouse has team of 14 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Powerhouse's List of Top Investments
Powerhouse has a portfolio of 35 companies. Their most notable investments are in WattBuy and Ensemble Energy.Their portfolio spans across United States, Canada, United Kingdom and 3 more locations. They have invested in Environment Tech, Enterprise Applications, Energy Tech and 15 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Powerhouse:1. Solstice
Community solar provider unlocking clean energy access and savings for all. This organization focuses on expanding access to solar energy through community solar gardens, enabling individuals and businesses to benefit from solar power without needing to install panels on their property. They connect subscribers to local solar projects, providing credits on their electricity bills based on the solar garden's production. This model promotes affordable, accessible, and responsible energy consumption, supporting a cleaner and more equitable energy grid. They offer a platform for individuals, households, developers, and businesses to participate in the clean energy transition, fostering a community-driven approach to sustainability. The organization emphasizes ease of enrollment, cost savings, and environmental impact, making solar energy accessible to a broader audience. They provide customer support, educational resources, and partnership opportunities to further their mission of equitable access to clean energy.
Key facts about Solstice
- Founded Year: 2016
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $7.44M
- Employee Count: 32 as on Aug 31, 2026
- Investors: SE Ventures, Elemental and 24 Others
- Latest Funding Round: Seed, Jan 15, 2021, $*****
- Highlight: Acquired

2. Nithio
Nithio provides analytics and financial solutions to businesses, capital providers, governments and stakeholders in the distributed energy sector. The company provides geospatial customer profiling solution that merges point-of-sale & repayment data with spatial data layers and provides predictive contexts and targeting capabilities for operators. Offers consumer credit scoring solution that segments & predicts future repayment patterns for customers.
Key facts about Nithio
- Founded Year: 2017
- Location: Washington, DC (United States)
- Stage: Series B
- Total Funding till date: $63.8M
- Employee Count: 25 as on Aug 31, 2026
- Investors: MaC Venture Capital, The Rise Fund and 12 Others
- Latest Funding Round: Series B, Jan 26, 2024, $*****
- Highlight: Editors' Pick
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3. Terabase
Developer of a web-based solar power plant optimization platform. It offers a GIS-based interface that allows users to design and optimize a solar project. It also offers features such as integrated GIS layers, auto-design functionality, and project data security.
Key facts about Terabase
- Founded Year: 2019
- Location: Berkeley (United States)
- Stage: Series C
- Total Funding till date: $207M
- Employee Count: 235 as on Aug 31, 2026
- Investors: SoftBank Vision Fund, Fifth Wall and 10 Others
- Latest Funding Round: Series C, Mar 14, 2025, $*****
- Highlight: Editors' Pick
4. Raptor Maps
Provider of solar asset management platform using aerial and sensor data. The platform analyzes images to conduct root cause analysis and direct operations and maintenance efforts. The platform digitally reconstructs solar plants in a map-based interface enriched with data. Autonomous drones investigate site conditions and equipment, automating visual investigations. A mobile application allows technicians to access remediation context, even offline.
Key facts about Raptor Maps
- Founded Year: 2015
- Location: Cambridge (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $62.2M
- Employee Count: 101 as on Aug 31, 2026
- Investors: Clean Energy Venture Group, Climate Capital and 18 Others
- Latest Funding Round: Series C, Dec 10, 2024, $*****
- Highlight: Editors' Pick
Key facts about Pearl Street Technologies
- Founded Year: 2018
- Location: Pittsburgh (United States)
- Stage: Acquired
- Total Funding till date: $2.82M
- Employee Count: 24 as on Aug 31, 2026
- Investors: ARPA-E, Incite and 5 Others
- Latest Funding Round: Grant (prize money), Mar 18, 2025, $*****
- Highlight: Acquired
Powerhouse's Year-on-Year Investment Trends
Powerhouse has invested in 35 companies over the last 9 years, with an average of 3 new investments annually in the last 5 years. In 2025, it made 4 investments. Its most recent first time investment was in Heron Power and most recent follow-on round was in Tyba.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 3 | 1 | 4 |
2024 | 1 | 1 | 2 |
2023 | 2 | 2 | 4 |
2022 | 7 | 2 | 9 |
2021 | 4 | 2 | 6 |
2020 | 3 | 2 | 5 |
2019 | 5 | 0 | 5 |
2018 | 0 | 0 | 0 |
2017 | 1 | 0 | 1 |
Powerhouse's Investments by Stage
Powerhouse has made 22 investments in Seed stage with an average round size of $2.26M and 4 investments in Series A stage with an average round size of $16M.Stage of entry | No. of Investments |
|---|---|
Seed | 22 |
Series A | 4 |
Note: We have considered here, only first round of investments
Powerhouse's Investments by Sector
Powerhouse has a diverse portfolio, with companies operating in the Environment Tech, Sustainability Tech, Energy Tech, Enterprise Applications and High Tech. Notably, it has invested in 29 Tech companies, 26 Enterprise (B2B) companies, 17 Software companies and at least 10 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Environment Tech | 19 |
Sustainability Tech | 19 |
Energy Tech | 17 |
Enterprise Applications | 10 |
High Tech | 7 |
Others | 42 |
Note: We have considered here, only first round of investments
Powerhouse's Investments by Geography
Powerhouse has made most investments in United States (19), followed by Canada where it has made 2 investments.Country | No. of Investments |
|---|---|
United States | 19 |
Canada | 2 |
United Kingdom | 2 |
France | 1 |
Netherlands | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Powerhouse's recent investments
Powerhouse has not made any investment in 2026 so far.Here are the most recent investments by Powerhouse:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 13, 2025 | United States | Series A | 8890 | [+6] | |
Apr 08, 2025 | Canada | Seed | 4625 | [+3] | |
Feb 06, 2025 | United States | Series A | 4851 | [+6] | |
Jan 23, 2025 | United States | Seed | 5504 | [+3] | |
Sep 26, 2024 | United States | Series A | 8038 |
Acquired companies in Powerhouse's Portfolio
7 companies from Powerhouse's portfolio have been acquired. The most recent acquisition was Solstice in Feb 2026 by Perch Energy for $*****.Here are Powerhouse's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 19, 2026 | - | - | 7488 | |
Aug 21, 2025 | Jan 22, 2019 | Seed | 8053 | |
Aug 11, 2025 | Oct 29, 2021 | Seed | 4819 | |
Mar 13, 2025 | - | - | 2287 | |
Feb 24, 2025 | Mar 29, 2022 | Seed | 4930 |
Team profile of Powerhouse
Powerhouse has a team of 14 members including 1 Partner, 1 Venture Partner and 1 Principal located in United States. Powerhouse's team sits on the board of 2 companies.Here is a list of top team members in Powerhouse:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Oakland | - | ||
Venture Partner | Washington, DC | - | - | |
Principal | Los Altos | - | - |
Co-investors of Powerhouse
Over the past 9 years, 205 investors have co-invested in Powerhouse's portfolio companies. This includes funds and angels.
- Invested before Powerhouse: Y Combinator, Kupanda Capital and 24 others have invested in rounds before Powerhouse. There are 2 companies where Y Combinator has invested before Powerhouse and 1 company where Kupanda Capital has invested before Powerhouse.
- Top Co-investors of Powerhouse: 71 investors entered a company along with Powerhouse. These include investors like Wireframe Ventures (2 companies).
- Invested after Powerhouse: A total of 108 investors have invested in Powerhouse's portfolio after their investments. Top Investors include Climate Capital (3 companies), MCJ Collective (3 companies) and Buoyant Ventures (2 companies).
Recent News related to Powerhouse
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Presto Raises $15M in Seed FundingFinSMEs•Feb 06, 2025•Presto, Union Square Ventures, Congruent Ventures, Powerhouse
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CapeZero Raises $2.6M to Transform Complex Clean Energy Project Finance with Innovative Software Platformintelligence360•Feb 06, 2025•Capezero, Powerhouse, Climactic, Avesta Fund and 2 others
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CapeZero Raises $2.6M to Transform Complex Clean EnergyThe Joplin Globe•Jan 23, 2025•Capezero, Powerhouse, Avesta Fund, Climactic and 2 others
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Indian B2B procurement startup raises $1.72m seed fundingTech in Asia•Jan 20, 2025•ProcureYard, 2am VC, Java Capital, Powerhouse Ventures and 1 other
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EV Charging Platform AmpUp Closes $15M Series A FundingTMC•Sep 26, 2024•AmpUp, Connecticut Innovations, Powerhouse, TechNexus and 9 others
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Sybill Raises $14M Series A for AI Assistant for SalesMaginative•Jul 31, 2024•Sybill AI, Greycroft, Neotribe, Powerhouse and 2 others
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ThinkLabs AI, Inc. Launches and Secures $5M Seed Investment to Develop Technology to Transform Critical Grid OperationsFinancial Post•May 23, 2024•Active Impact Investments, Powerhouse, ThinkLabs, Powerhouse Ventures and 4 others
