Congruitive

Redwood City, United States Founded: 1991 • Age: 35 yrs Acquired By Tantalus
Power distribution is managed and controlled through specialized solutions.
Annual revenue - Latest available
Total funding $4.0M 1 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Congruitive

Congruitive is a company based in Redwood City (United States) founded in 1991 was acquired by Tantalus in February 2022. Congruitive has raised $4 million across 1 funding round from investors including Tantalus and Windsail Capital Group. Congruitive offers products and services including TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway. Congruitive operates in a competitive market with competitors including Trilliant, Volue, GridPoint, envelio and IQGeo, among others.

  • Headquarter Redwood City, United States
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $4 M (USD)

    in 1 rounds

  • Latest Funding Round
    $4 M (USD), Series A

    Oct 16, 2018

  • Investors
    Tantalus

    & 1 more

  • Employee Count
    Not available
  • Acquired by
    Tantalus

    (Feb 01, 2022)

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Products & Services of Congruitive

Congruitive offers a comprehensive portfolio of products and services, including TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway.

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Primary

IoT network for smart meters and devices to improve utility efficiency.

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System for managing residential and commercial loads flexibly.

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AI-driven analytics for detecting and resolving grid anomalies.

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Platform for automating data flow across utility systems.

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Device for enhancing AMI and DER integration in grids.

Funding Insights of Congruitive

Congruitive has successfully raised a total of $4M through 1 strategic funding round. The most recent funding activity was a Series A round of $4 million completed in October 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.

Investors in Congruitive

Congruitive has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Tantalus and Windsail Capital Group.

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Venture Fund
Investor Description Founded Year Domain Location
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Smart grid communication solutions are provided for utilities by Tantalus.
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Investor details for Congruitive

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Investments & Acquisitions by Congruitive

Investments
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Investment portfolio details for Congruitive

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Financial Statements - Congruitive

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Detailed financials for Congruitive

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Congruitive Comparisons

Congruitive Primary company
Description
Power distribution is managed and controlled through special...
Location
Redwood City, United States
Founded Year
1991
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Congruitive

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Competitors of Congruitive

Congruitive 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 Trilliant, Volue, GridPoint, envelio and IQGeo, among others.

Company Name Domain Founded year HQ Location Description
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Provider of communication systems and software platforms for smart grid applications
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Solutions for portfolio and project management are provided.
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Provider of data-driven energy management solutions
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AI-driven grid management software solutions are provided for energy operations.
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Provider of enterprise software solutions for digital transformation
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App-based power control devices and EV charging solutions are offered.
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Detailed competitors of Congruitive

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Latest news on Congruitive

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Complete news archive for Congruitive

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Frequently Asked Questions about Congruitive

Congruitive was founded in 1991 and raised its 1st funding round 27 years after it was founded.

Congruitive is headquartered in Redwood City, United States. It is registered at Redwood City, California, United States.

Congruitive is a funded company, having raised a total of $4M across 1 funding round to date.

Congruitive was established in 1991 and is based in Redwood City, United States. Solutions for power distribution management and control are delivered in the energy sector. A software suite is utilized to acquire, transport, and display complex energy data, enabling analysis, decision-making, and automated operations. Focus is placed on data handling for utilities and related industries.

Congruitive's top competitors include envelio, Reactive Technologies and Trilliant.

Congruitive offers TRUConnect AMI, TRUFlex Load+DER Management, TRUGrid Automation, TRUSync Grid Data Management, and TRUSense Gateway.

Congruitive has 2 investors. Key investors include Tantalus, and Windsail Capital Group.

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