Racepoint Energy LLC Asset Profile

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Location

MA US

Primary Industry

Energy Storage & Batteries

About

Based in Massachusetts, US, Racepoint Energy LLC operates as an engineering-driven company known for category-defining smart electrical panels, automated power, storage, and energy resiliency solutions for consumers, home builders, businesses, and utility companies. Robert Madonna is the founder and CEO of the company as of 2022. In July 2022, Savant Systems LLC acquired Racepoint Energy LLC. The company installs flexible load management to monitor and control every circuit, making for a complete smart home; optimizes energy use by allowing custom critical loads and load shedding during peak-rate time periods; and a flexible micro-grid that keeps the power on when the utility grid fails. The firm also offers environmental stewardship, where homeowners can view available green energy production, dynamically control consumption and reduce their overall carbon footprint; and energy monitoring, where homeowners and businesses can view how much and where energy is being used. Racepoint Energy offers solar products, installation, and maintenance.

Current Investors

Savant Systems LLC

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Primary Industry

Energy Storage & Batteries

Sub Industries

Engineering, Power & Utilities, Energy Storage & Batteries, Electronics

Verticals

Clean Technology, Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Deals

Deals Type
Add-on

Deal Status	Target (s)	Deal Date	Investor(s)	Seller(s)	Deal size (Mn)	Enterprise value (Mn)	Post-money valuation (Mn)	EBITDA multiple (x)	Revenue multiple (x)	Lead partner (s)
Completed	Racepoint Energy LLC	20 Jul 2022

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