What is EnergyHub?
EnergyHub is recognized as the leading provider of Distributed Energy Resource Management Systems (DERMS), with its Mercury DERMS platform being the cornerstone for utilities managing distributed energy resources to meet grid and market objectives. The company collaborates with over 60 utilities across the nation, overseeing more than 2,900 MW of flexible capacity. EnergyHub's mission is to empower utilities and their customers to foster a clean, distributed energy future, positioning itself at the forefront of the evolving energy landscape.
How much funding has EnergyHub raised?
EnergyHub has raised a total of $33.1M across 4 funding rounds:
Debt
$2.7M
Private Equity
$15.4M
Series B
$14.5M
Debt
$500K
Debt (2010): $2.7M, investors not publicly disclosed
Private Equity (2010): $15.4M, investors not publicly disclosed
Series B (2011): $14.5M supported by Partnership For New York City Fund, Physics Ventures, and .406 Ventures
Debt (2012): $500K, investors not publicly disclosed
Key Investors in EnergyHub
Partnership For New York City Fund
Partnership for New York City is a nonprofit organization comprising over 300 leading corporate, investment, and entrepreneurial firms dedicated to enhancing the city's role as a global hub for economic opportunity and innovation. The organization mobilizes the private sector to collaborate with government and civic entities to tackle urban challenges and promote economic inclusion.
Physics Ventures
dewi188 is an online gaming platform that offers a variety of exciting and entertaining slot games designed to alleviate stress and enhance player enjoyment. The site is known for its reliable and complete gaming options, providing numerous bonuses and promotions on a daily basis.
.406 Ventures
.406 Ventures is a venture capital firm that partners with early-stage companies demonstrating home run potential, particularly in the fields of healthcare, data and AI, and cybersecurity. With nearly 20 years of experience, they focus on building strong relationships with founders to help transform their businesses into industry leaders.
What's next for EnergyHub?
The substantial enterprise-level funding and recent strategic investment indicate EnergyHub is poised for significant scaling and further innovation in the DERMS sector. This capital infusion will likely accelerate the expansion of its utility partnerships and the management of flexible capacity. The company's focus on enabling a distributed energy future aligns with global trends towards renewable energy integration and grid modernization, suggesting a trajectory of continued growth and market leadership. Future developments may include enhanced platform capabilities and broader market penetration.
See full EnergyHub company page
