Sense Labs, 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.

Sense Labs, Inc. - overview

Established

2013

Location

Cambridge, MA, US

Primary Industry

Consumer Products

About

Sense Labs, Inc. is a technology company that specializes in home energy management solutions, providing innovative tools for real-time energy consumption monitoring and efficiency optimization. Founded in 2013 in Massachusetts, US, Sense Labs, Inc. develops technology for optimizing home energy use.


The company was Co-founded by Mike Phillips (CEO), Ryan Houlette, Christopher Micali. In January 2026, Sense Labs Inc. raised an undisclosed amount in venture funding from new investor Analog Devices. Sense offers the Sense Home Energy Monitor, a device that installs in a home's electrical panel to provide real-time insights into energy usage.


The monitor analyzes electrical currents over one million times per second, enabling users to identify energy consumption patterns and make informed decisions. The accompanying mobile app, compatible with both iOS and Android devices, enhances user experience by allowing homeowners and renters to track energy use and bills, and is offered at no cost in collaboration with certain electric utility providers when customers upgrade to compatible smart meters. Sense generates revenue primarily through partnerships with utilities and energy ecosystem partners by delivering energy‑intelligence software through next‑generation smart meters and the Sense platform. Its solutions help utilities improve grid reliability, customer engagement, and energy efficiency, while empowering households with real‑time energy insights, supporting the broader energy transition.


The company will use this January 2026 funding to further development of grid edge intelligence and management solutions for grid operators.


Current Investors

CRV, Capricorn Investment Group, Prelude Ventures

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics, Internet, Analytics & Performance Software

Website

www.sense.com

Verticals

Artificial Intelligence, Big Data, IoT (Internet of Things), IoT (Internet of Things), Mobile Apps

Company Stage

Series C

Total Amount Raised

Subscriber access only

Sense Labs, Inc. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

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.