AlsoEnergy

Boulder, United States Founded: 2007 • Age: 19 yrs Acquired By Stem
Energy management software solutions
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About AlsoEnergy

AlsoEnergy is a company based in Boulder (United States) founded in 2007 was acquired by Stem in December 2021.. The company has 149 employees as of April 09, 2024. AlsoEnergy has completed 1 acquisition, including Draker. AlsoEnergy offers products and services including PowerTrack and Edge-to-Cloud Platform. AlsoEnergy operates in a competitive market with competitors including Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, among others.

  • Headquarter Boulder, United States
  • Employees 149 as on 09 Apr, 2024
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Also Energy India Private Limited
  • Date of Incorporation 24 Jun, 2014
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
    $4.12 M (USD)
    33.62
    as on Mar 31, 2023
  • Net Profit
    $277.77 K (USD)
    19.17
    as on Mar 31, 2023
  • EBITDA
    $614.95 K (USD)
    -45.26
    as on Mar 31, 2023
  • Latest Funding Round
  • Investors
    Stem

    & 2 more

  • Employee Count
    149

    as on Apr 09, 2024

  • Investments & Acquisitions
  • Acquired by
    Stem

    & 1 more

    (Dec 16, 2021)

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Products & Services of AlsoEnergy

AlsoEnergy offers a comprehensive portfolio of products and services, including PowerTrack and Edge-to-Cloud Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Manages clean energy portfolios with analytics and reporting

Monitors and optimizes solar and storage assets remotely

Funding Insights of AlsoEnergy

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Sep, 2017 Amount Series A - AlsoEnergy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in AlsoEnergy

AlsoEnergy has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Stem, Clairvest and Liberta Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment management firm
Founded Year Domain Location
AI and cloud-driven solutions for energy optimization are provided.
Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by AlsoEnergy

AlsoEnergy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Draker. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Solar performance monitoring for commercial and utility systems is offered.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - AlsoEnergy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Alsoenergy Comparisons

Employees
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Competitors of AlsoEnergy

AlsoEnergy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Equilibrium Energy, Odyssey Energy Solutions, RadianGEN, Clear Blue Technologies and Lancium, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Software solutions for energy portfolio management are offered.
domain founded_year HQ Location
End-to-end platform for distributed renewable energy finance is provided.
domain founded_year HQ Location
Solar asset management services are provided for PV projects.
domain founded_year HQ Location
Smart off-grid controllers are developed for renewable energy systems.
domain founded_year HQ Location
Cloud-based portfolio management software is provided for renewable energy.
domain founded_year HQ Location
Carbon footprint is tracked and managed through a cloud-based platform.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Alsoenergy

Frequently Asked Questions about AlsoEnergy

When was AlsoEnergy founded?

AlsoEnergy was founded in 2007 and raised its 1st funding round 10 years after it was founded.

Where is AlsoEnergy located?

AlsoEnergy is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.

How many employees does AlsoEnergy have?

As of Apr 09, 2024, the latest employee count at AlsoEnergy is 149.

What is the annual revenue of AlsoEnergy?

Annual revenue of AlsoEnergy is $4.12M as on Mar 31, 2023.

What does AlsoEnergy do?

AlsoEnergy develops solar monitoring solutions and SCADA system solutions for PV monitoring and control. The company has claimed to monitor 6 GW of energy at more than 17,000 independent sites worldwide. Their primary market is North America, with a growing presence in SE Asia and the EMEA region. The project portfolio includes PV projects of various sizing, right from fleet residential to utility-scale installations with SCADA controls.

Who are the top competitors of AlsoEnergy?

AlsoEnergy's top competitors include Equilibrium Energy, Clear Blue Technologies and Lancium.

What products or services does AlsoEnergy offer?

AlsoEnergy offers PowerTrack and Edge-to-Cloud Platform.

How many acquisitions has AlsoEnergy made?

AlsoEnergy has made 1 acquisition, including Draker.

Who are AlsoEnergy's investors?

AlsoEnergy has 3 investors. Key investors include Stem, Clairvest, and Liberta Partners.

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