Uplight, founded in 2019, is a Boulder-based (United States) clean-energy SaaS company. The company develops energy-management systems that enable utilities and their customers to monitor, control and optimise energy usage across buildings, EV charging, and distributed generation assets.
Uplight services utility clients and enterprises, integrating data-driven engagement, demand-side flexibility and distributed-energy orchestration into one platform, helping accelerate decarbonisation and grid reliability.
What Is Uplight and What Does It Do?
Uplight, founded in 2019, is a Boulder-based (United States) smart-grid and energy-efficiency software company. The company develops SaaS solutions for residential and commercial energy monitoring, demand response, EV-charging, and distributed generation support.
Uplight employs between 201-500 people as of July 2024. Its platform integrates customer engagement, device orchestration and utility load-flexibility programs to help energy providers accelerate decarbonisation, increase grid resilience and empower end-users with smarter energy control.
How Much Funding Has Uplight Raised?
1. Series A
- Amount Raised: $30 M
- Date: March 2025
- Lead Investors: Coatue, Schneider Electric
- Motivation: To expand the SaaS platform globally and scale grid-edge deployments.
Total Funding Raised: $30 Million
Current Valuation: $1.5 Billion (as of Jul 2021)
Latest Funding Date: March 2025
Key Investors
1. Coatue
- Details: Technology-focused investment firm active across growth and late-stage rounds.
- Investment Focus Areas: SaaS, infrastructure software, clean-tech and data platforms.
- Notable Investments: Uplight, SunRun, Tesla, Rivian.
Where Is Uplight’s Headquarters?
Uplight is headquartered in Boulder, Colorado, United States. This location is situated in a strong clean-tech ecosystem, with access to energy-transition talent, proximity to major utility companies and university-based innovation.
What’s Next for Uplight?
Uplight’s next phase focuses on scaling internationally, expanding its utility partnerships beyond North America, and integrating more distributed energy resources (DERs) such as EVs, batteries and solar into its platform.
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