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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 is an active investor, having invested in 35 companies, with 2 new investments in the last 12 months. 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, WattBuy and Pearl Street Technologies. A lot of funds co-invest with Powerhouse, with names like Techstars sharing a substantial percentage of its portfolio. Powerhouse has team of 18 people including 1 partners.
Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months

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:
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: 47 as on Jul 01, 2024
  • Investors: SE Ventures, Techstars and 24 Others
  • Latest Funding Round: Seed, Jan 15, 2021, $*****
  • Highlight: Acquired
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

Provider of a platform for comparing and selecting energy plans. The platform offers personalized recommendations based on individual energy needs and preferences. It facilitates informed decisions regarding energy options. The platform aims to simplify the process of finding suitable energy solutions.

Key facts about WattBuy

Provider of smart metering solutions for energy service delivery and management. It facilitates sustainable smart metering solutions and business models with sector stakeholders. The organization ensures the continuity of critical infrastructure for high-quality energy services. It works to ensure open collaboration with stakeholders in the sector.

Key facts about SparkMeter

  • Founded Year: 2013
  • Location: Washington, DC (United States)
  • Stage: Series A
  • Total Funding till date: $41.6M
  • Employee Count: 40 as on Jan 21, 2025
  • Investors: Honeywell, Elemental and 18 Others
  • Latest Funding Round: Series A, Nov 30, 2023, $*****
  • 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: 13 as on Dec 31, 2022
  • Investors: ARPA-E, Pear VC and 5 Others
  • Latest Funding Round: Seed, Mar 24, 2022, $*****
  • Highlight: Acquired

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.
Here are Powerhouse's investments by stage:
Stage of entry
No. of Investments
Seed
22
Series A
4
Breakdown of Powerhouse's investments by stage of entrySeed (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).
Here are Powerhouse's investments by sector:
Sector
No. of Investments
Environment Tech
19
Sustainability Tech
19
Energy Tech
17
Enterprise Applications
10
High Tech
7
Others
39
Breakdown of Powerhouse's investments by sectorsEnvironment Tech (19)Sustainability Tech (19)
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.
Here are Powerhouse's investments by geography:
Country
No. of Investments
United States
19
Canada
2
United Kingdom
2
France
1
Netherlands
1
Others
1
Breakdown of Powerhouse's investments by countriesUnited States (19)Canada (2)
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
2789
  [+6]
Apr 08, 2025
Canada
Seed
9075
Feb 06, 2025
United States
Series A
1183
Jan 23, 2025
United States
Seed
9529
Sep 26, 2024
United States
Series A
9077

Acquired companies in Powerhouse's Portfolio

7 companies from Powerhouse's portfolio have been acquired. The most recent acquisition were Solstice in Feb 2026 by Perch Energy.
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
-
-
7669
Aug 21, 2025
Jan 22, 2019
Seed
8874
Aug 11, 2025
Oct 29, 2021
Seed
7386
Mar 13, 2025
-
-
9920
Feb 24, 2025
Mar 29, 2022
Seed
4646

Team profile of Powerhouse

Powerhouse has a team of 18 members including 1 Partner, 1 Venture Partner and 7 Principals 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
New York
-
Principal
Los Altos
-
-
Principal
San Francisco
-
-
Principal
Petaluma
-
-
Principal
Ann Arbor
-
Principal
Houston
-
-

Co-investors of Powerhouse

Over the past 9 years, 201 investors have co-invested in Powerhouse's portfolio companies. This includes funds and angels.

  • Invested before PowerhouseY 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 Powerhouse71 investors entered a company along with Powerhouse. These include investors like Techstars (2 companies).
  • Invested after PowerhouseA total of 104 investors have invested in Powerhouse's portfolio after their investments. Top Investors include MCJ Collective (3 companies), Climate Capital (3 companies) and DNV (2 companies).

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