Voltus has raised $66.1 million across multiple funding rounds, attracting investors such as NGP Energy Technology Partners and Prelude Ventures. The company provides cash-generating energy products to commercial, institutional, and industrial clients, enabling them to maximize the value of operational flexibility in energy markets.
What Is Voltus and What does it do?
Voltus, founded in July 2016 by Gregg Dixon and Matthew Plante, is headquartered in San Francisco, California. The company focuses on energy efficiency, energy management, and distributed energy resources (DER) technology. Voltus helps commercial, institutional, and industrial customers monetize operational flexibility, operating on a profit-sharing model.
With a skilled team of 11–50 employees, Voltus leverages advanced software and analytics to connect clients to energy markets. By optimizing energy consumption and generation, the company delivers measurable cost savings and new revenue streams for businesses while supporting a sustainable energy transition.
How Much Funding Has Voltus Raised?
- Series A
- Amount Raised: $10.1M
- Date: October 2017
- Lead Investors: Prelude Ventures
- Motivation: To build and launch the first energy products, laying the foundation for DER monetization.
- Series B
- Amount Raised: $25M
- Date: October 2020
- Lead Investors: NGP Energy Technology Partners
- Motivation: To expand into new markets and strengthen energy product offerings.
- Series C
- Amount Raised: $31M
- Date: May 2021
- Lead Investors: Activate Capital Partners
- Motivation: To further monetize DERs and expand capabilities in emerging sectors like electric vehicles and solar-plus-storage solutions.
Total Funding Raised: $66.1M
Latest Funding Date: May 2021
Key Investors
- Activate Capital Partners
- Details: Growth equity firm focusing on smart, sustainable systems.
- Investment Focus Areas: Efficient energy solutions and high-impact sustainability.
- NGP Energy Technology Partners
- Details: Private equity investors in energy technology companies.
- Investment Focus Areas: Scaling innovative energy solutions and DER platforms.
- Prelude Ventures
- Details: Venture capital firm focused on clean energy and sustainability.
- Investment Focus Areas: Early-stage clean tech and energy innovation.
- Ajax Strategies
- Details: Investment firm backing sustainability-focused technology.
- Investment Focus Areas: DER markets and clean energy growth.
Where Is Voltus’ Headquarters?
Voltus is headquartered in San Francisco, California, at the center of the U.S. clean energy and technology ecosystem. The location offers access to top talent, strategic investors, and key players in the energy market.
What’s Next for Voltus?
Voltus is poised for growth, leveraging its Series C funding to expand into electric vehicles, microgrids, smart thermostats, and solar-plus-storage solutions. With a serviceable addressable market spanning hundreds of thousands of megawatts, the company is positioned to unlock new revenue streams and drive innovation in distributed energy systems.
Future opportunities include additional funding rounds to enhance technology, expand market reach, and support international expansion. Key challenges include integrating DERs across diverse energy markets, scaling the platform efficiently, and navigating regulatory requirements. Successfully addressing these challenges will be critical for Voltus to maintain its competitive edge in sustainable energy solutions.
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