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aVenture is in Alpha: aVenture recently launched early public access to our research product. It's intended to illustrate capabilities and gather feedback from users. While in Alpha, you should expect the research data to be limited and may not yet meet our exacting standards. We've made the decision to temporarily present this information to showcase the product's potential, but you should not yet rely upon it for your investment decisions.
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OhmConnect provides a software platform for energy consumption management, focusing on helping users reduce their electricity usage and costs. The company offers a service that monitors energy consumption, manages connected home devices and appliances, and alerts users to optimize their electricity usage. OhmConnect primarily serves customers in California, working with major utilities like PG&E, SCE, and SDG&E, as well as Con Edison in other areas.
The platform aims to help users save money by reducing energy usage during peak demand periods when electricity is most expensive. OhmConnect incentivizes energy conservation through various means, including offering rewards for referrals and providing smart home devices like Google Nest Learning Thermostats to participants. By enabling users to reduce their energy consumption by significant percentages, the company contributes to both individual savings and broader energy efficiency goals.
Operating Status
Active
Ownership Type(s)
Venture Capital
Main Product(s)
Energy Management Software
Technology
Analytics, IoT
Tags
Cleantech, SaaS
Model Types
Platform
Revenue Type(s)
Recurring
Customer Type(s)
Consumers
Geographic Exposure
United States
When was OhmConnect founded?
OhmConnect was founded in 2013.
Where is OhmConnect’s headquarters located?
OhmConnect’s headquarters is located in San Francisco, CA, US.
When was OhmConnect’s last funding round?
OhmConnect’s most recent funding round was for $55M (USD) in June 2022.
How many employees does OhmConnect have?
OhmConnect has 30 employees as of Feb 4, 2024.
How much has OhmConnect raised to-date?
As of July 05, 2023, OhmConnect has raised a total of $83.5M (USD) since Jun 9, 2022.
Add Comparison
Total Raised to Date
$83.5M
USD
Last Update Jun 9, 2022
Last Deal Details
$55M
USD
Jun 9, 2022
Series D
Total Employees Over Time
30
As of Feb 2024
OhmConnect Address
San Francisco,
California
94115
United States
Source(s): This page includes data and analysis provided by the company, OpenAI, and our research analysts