Voltus, Inc.
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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
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