About Clevest
Clevest is a Business Services company based in Richmond (Canada) founded in 2002, and was acquired by IFS in November 2020. Mobile workforce management and smart grid operation and maintenance services. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Clevest has raised $100 thousand across 3 funding rounds from investors including IFS, Energy Impact Partners and Accel-KKR. Its focus areas include Energy Tech, Smart Grid, Utility Management and Workforce Management. Its competitors include ecobee and Nanoleaf; 2 of its 2 listed competitors have raised funding.
Company details
Clevest was founded in 2002 in Richmond, Canada, and specializes in software solutions for the utilities sector, including electric, gas, and water services. Mobile workforce management tools are offered, along with vehicle location tracking, smart grid operation and maintenance, visualization features, smart cities initiatives, and AMI deployment support. Operations focus on enhancing efficiency in grid-related activities across North America.
- Headquarters Richmond, Canada
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction Technology
- Website clevest.com
- Social LinkedIn X
- Acquired by IFS (Nov 2020)
Funding Insights of Clevest
Clevest has successfully raised a total of $100K across 3 strategic funding rounds. 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 $100,000
- Total Rounds 3
- First Round $100,000
(Jun 2007)
- Investors Count 4
All 3 funding rounds of Clevest 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 |
|---|---|---|---|---|---|
| Jan 2018 | Series A | – | Energy Impact Partners | – | |
| Jul 2015 | Series A | – | – | ||
| Jun 2007 | $100,000 | Seed | – | – |
5 investors in total: 5 institutional.
Investors in Clevest
Clevest has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include IFS, Energy Impact Partners and Accel-KKR.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States | ||
Investments are focused on mid-market software and technology-enabled services firms. | accel-kkr.com | Menlo Park, United States | ||
Early-stage technology startups in British Columbia are funded by WUTIF. | 2003 | wutif.ca | Vancouver, Canada | |
Operates as a credit union and fund of funds across multiple sectors. | 1946 | vancity.com | Vancouver, Canada | |
Cloud-based platform for enterprise digital asset management is provided. | 1983 | ifs.com | Itasca, United States |
Investor details for Clevest
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Timeline of Clevest
4 dated milestones of Clevest across 18 years, from founding to its latest funding, stage changes and deals.
- Founded Clevest is founded.
- Funding First funding round of $100K.
- Funding Latest funding round, Series A,.
- Exit Acquired by IFS.
Competitors of Clevest
Clevest has 2 listed competitors in our database, 2 of them funded. They include ecobee and Nanoleaf.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecobee.com | 2007 | Toronto, Canada | $151.52M | Provider of smart thermostats for commercial and residential applications | ||
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. |
Detailed competitors of Clevest
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Web traffic of Clevest
Websites that share an audience with Clevest (clevest.com).
Websites whose visitors overlap most with Clevest. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| viziya.com | 100% | View details | |||
arcfmdirectorscut.typepad.com | arcfmdirectorscut.typepad.com | 93% | – | ||
| tantalus.com | 92% | 18.4K | #1,043,452 | View details | |
| teradici.com | 61% | 11.8K | #1,187,150 | View details | |
subnet.com | subnet.com | 58% | #5,192,232 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 9 similar websites and full traffic analytics for Clevest
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- 9 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Related news about Clevest
Complete news archive for Clevest
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Frequently Asked Questions about Clevest
Clevest was founded in 2002 and raised its 1st funding round 5 years after it was founded.
Clevest is headquartered in Richmond, Canada. It is registered at Richmond, British Columbia, Canada.
Clevest is a funded company, having raised a total of $100K across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jun 2007.
Clevest was founded in 2002 in Richmond, Canada, and specializes in software solutions for the utilities sector, including electric, gas, and water services. Mobile workforce management tools are offered, along with vehicle location tracking, smart grid operation and maintenance, visualization features, smart cities initiatives, and AMI deployment support. Operations focus on enhancing efficiency in grid-related activities across North America.
Clevest has 5 investors. Key investors include IFS, Energy Impact Partners, Accel-KKR, Vancity, and WUTIF.
Yes. Clevest was acquired by IFS in November 2020.