About Axiom Exergy
Axiom Exergy is an Energy & Utilities company based in Berkeley (United States) founded in 2013. Thermal battery systems are provided for commercial refrigeration energy management. Axiom Exergy has raised $10.1 million across 3 funding rounds from investors including Victory Capital, Evergy Ventures and WorldQuant Ventures. The company has 20 employees. Axiom Exergy offers products and services including Enterprise Visibility, Energy Efficiency, Predictive Maintenance, Early Leak Detection, and Demand Response. Its focus areas include Energy Tech, Energy Storage Tech, Energy Storage System and Thermal. Its legal entity is Axiom Cloud Inc. Its competitors include Rondo Energy, Fourth Power and Antora; 3 of its 3 listed competitors have raised funding.
Company details
Thermal battery system for Commercial power consumers. The platform provides turnkey energy-management solutions that reduce operational costs and business risk for supermarkets and commercial buildings with high refrigeration-based energy loads. The primary product is a solution that uses existing refrigeration systems in a commercial building or supermarkets to store thermal energy during off-peak hours and deploys it during peak hours. As a result, electricity demand is claimed to be reduced by up to 40 per cent during peak hours. The Refrigeration Battery provides both load-shifting that offsets costly on-peak electricity charges and on-demand backup cooling when power fails. The solution is controlled through backend software which optimizes the Refrigeration Batterys charge cycle by storing refrigeration when energy costs are lowest and providing cooling services at peak consumption periods.
- Headquarters Berkeley, United States
- Employees 20
- SectorsEnergy & Utilities
- Email••••••••
- Website axiomexergy.com
- Social LinkedIn X
- Legal Name Axiom Cloud Inc.
- Total Equity Funding$10.1M (USD)
in 3 rounds
- Latest Funding Round$7.6M (USD), Series A
May 2018
- InvestorsVictory Capital
& 11 more
- Employee Count20
Products & Services of Axiom Exergy
Axiom Exergy offers a comprehensive portfolio of products and services, including Enterprise Visibility, Energy Efficiency, Predictive Maintenance, Early Leak Detection, and Demand Response.
Software for overseeing refrigeration systems in real time.
Tools to reduce energy consumption in refrigeration setups.
System for anticipating and preventing refrigeration issues.
Software to identify and locate refrigerant leaks early.
Features for flexible HVAC and refrigeration operations.
Funding Insights of Axiom Exergy
Axiom Exergy has successfully raised a total of $10.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7.6 million completed in May 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $10.1M
- Total Rounds 3
- Last Round Series A — $7.6M
- Investors Count 12
All 3 funding rounds of Axiom Exergy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2018 | $7.6M | Series A | – | Evergy Ventures, Shell Ventures | |
| Aug 2016 | $2.5M | Series A | – | Element 8, Victory Capital | |
| Apr 2015 | Seed | – | – | – |
12 investors in total: 10 institutional and 2 angel.
Investors in Axiom Exergy
Axiom Exergy has secured backing from 12 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Victory Capital, Evergy Ventures and WorldQuant Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund and fund of funds focused on the United States-based startups and funds | worldquantventures.com | Greenwich, United States | ||
Venture capital firm focused on AI, IoT, and sustainable energy technology sectors | mesoncapital.com | San Francisco, United States | ||
Seed-stage US tech companies are invested in by Seabed VC. | seabed.vc | Saratoga, United States | ||
Startups are accelerated by Stanford-backed program in Palo Alto. | startx.com | Palo Alto, United States | ||
Venture capital firm backed by Shell | shell.com/energy-and-innovation/innovating-together/shell-technology-ventures.html | The Hague, Netherlands | ||
Early-stage technology startups are funded and mentored by Sierra Angels. | 1997 | sierraangels.com | North Lake Tahoe, United States | |
Invests in energy innovations like renewables and utilities. | 2015 | evergyventures.com | Kansas City, United States | |
Life sciences and tech focused VC firm funding companies in the US and Israel | svtechventures.us | Palo Alto, United States | ||
| element8angels.com | ||||
Diversified investment management services are offered to clients. | 1995 | vcm.com | Cleveland, United States |
Investor details for Axiom Exergy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Axiom Exergy
23 people are tracked at Axiom Exergy (2 in leadership, 5 in board & advisors, 16 in team); the tracked headcount is 20.
| Name | Role | Group |
|---|---|---|
Rachel Hurley | Director of People Operations | Leadership |
Patrick Castles | COO | Leadership |
Dick Torpey | Advisor | Board & advisors |
Paul Wickberg | Advisor | Board & advisors |
Pete Cuneo | Advisor | Board & advisors |
Robert Eidson | Advisor | Board & advisors |
Stephen Pounds | Advisor | Board & advisors |
Robert Leffler | Data Scientist, Thermal Systems | Team |
John Magrath | Product Engineer | Team |
Sofía Galán | Software Engineer | Team |
Scott Pustay | Staff Software Engineer | Team |
Alex Lopez | DevSecOps Engineer | Team |
Zach Fierstadt | Staff Software Engineer | Team |
Steven Stonaker | Engineering Manager | Team |
Patrick Thom | Enterprise Account Executive | Team |
Matthew Nigro | Product Engineer | Team |
Claire McCreave | Customer Success Analyst | Team |
Joel Sharrer | Sales Engineer | Team |
Kyle Eastwood | Product Engineer, Refrigeration Specialist | Team |
Brian Forreider | Enterprise Account Executive | Team |
3 more people are available in the full profile.
Complete people profiles for Axiom Exergy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Axiom Exergy
3 dated milestones of Axiom Exergy across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Axiom Exergy is founded.
- Funding First funding round.
- Funding Latest funding round, Series A, of $7.6M.
Competitors of Axiom Exergy
Axiom Exergy has 3 listed competitors in our database, 3 of them funded. They include Rondo Energy, Fourth Power and Antora.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| rondo.com | 2020 | Alameda, United States | $107.12M | 116 | Zero-emission heat solutions for industrial applications are provided. | |
| gofourth.com | 2021 | Cambridge, United States | $39M | Utility-scale thermal storage for grid energy is developed. | ||
| antora.com | 2018 | Sunnyvale, United States | $271.8M | Manufacturer of thermal battery |
Detailed competitors of Axiom Exergy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Energy Storage Systems
3 companies that operate in the same segment as Axiom Exergy (Energy Storage Systems) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric buses and charging systems are manufactured for fleets. | 2004 | Burlingame, California, United States | USD 857.79 M | USD 309.36 M | 418 | |
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 2 B | 902 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Axiom Exergy
Complete news archive for Axiom Exergy
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Axiom Exergy
Axiom Exergy was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Axiom Exergy is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Axiom Exergy is a funded company, having raised a total of $10.1M across 3 funding rounds to date.
Axiom Exergy has 20 employees.
Thermal battery system for Commercial power consumers. The platform provides turnkey energy-management solutions that reduce operational costs and business risk for supermarkets and commercial buildings with high refrigeration-based energy loads. The primary product is a solution that uses existing refrigeration systems in a commercial building or supermarkets to store thermal energy during off-peak hours and deploys it during peak hours. As a result, electricity demand is claimed to be reduced by up to 40 per cent during peak hours. The Refrigeration Battery provides both load-shifting that offsets costly on-peak electricity charges and on-demand backup cooling when power fails. The solution is controlled through backend software which optimizes the Refrigeration Batterys charge cycle by storing refrigeration when energy costs are lowest and providing cooling services at peak consumption periods.
Axiom Exergy's top competitors include Antora, Rondo Energy and Fourth Power.
Axiom Exergy offers Enterprise Visibility, Energy Efficiency, Predictive Maintenance, Early Leak Detection, and Demand Response.
Axiom Exergy has 12 investors. Key investors include Victory Capital, Evergy Ventures, WorldQuant Ventures, Meson Capital, and SV Tech Ventures.
Axiom Exergy operates through Axiom Cloud Inc..