Voltus, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Voltus, Inc. - overview

Established

2016

Location

San Francisco, CA, US

Primary Industry

Software

About

Based in California, US, and founded in 2016, Voltus, Inc. operates as a distributed energy resource (DER) technology platform and a DER aggregator company. Gregg Dixon is the current CEO of the company. In May 2021, Voltus, Inc.


raised USD 31 million in Series C funding led by new investor Activate Capital, with participation from returning investors Prelude Ventures, Ajax Strategies, and NGP Energy Technology Partners. The company provides a technology platform that connects distributed energy resources to electrical markets, resulting in electricity that is less expensive, more reliable, and more sustainable. The company helps maximize the cash value of users' distributed energy resources (DERs) by seamlessly connecting any DER type to any power market in North America. Through DER projects, the company assists industrial, commercial, and institutional customers in generating new revenue streams, and it also assists utilities and grid operators in making the best use of these assets.


The DERs (e. g. , battery storage, on-site generation, load curtailment, energy efficiency) can also be activated through the VoltApp platform. Following the company's Series C funding in May 2021, Voltus plans to use the proceeds to help monetize additional megawatts of DERs in wholesale markets through product partnerships in sectors with long-term electrification potential.


Current Investors

Prelude Ventures, Energy Innovation Capital, NGP

Primary Industry

Software

Sub Industries

Electric Utilities, Green IT, Analytics & Performance Software

Website

www.voltus.co

Verticals

Clean Technology, IoT (Internet of Things), Mobile Apps

Company Stage

Merged

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.