About ConnectDER
ConnectDER is a company based in Falls Church (United States) founded in 2011.. ConnectDER has raised $72.45 million across 6 funding rounds from investors including Avista Utilities, Avista Corporation and 1Energy Systems. ConnectDER offers products and services including ConnectDER Solar and ConnectDER EV. ConnectDER operates in a competitive market with competitors including BioLite, Husk Power Systems, Fenix International, Mobisol and Okra Solar, among others.
- Headquarter Falls Church, United States
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Sectors
Energy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Connectder Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$72.45 M (USD)
in 6 rounds
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Latest Funding Round
$35 M (USD), Series D
Nov 18, 2024
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Investors
Avista Utilities
& 16 more
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Employee Count
Employee Count
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Products & Services of ConnectDER
ConnectDER offers a comprehensive portfolio of products and services, including ConnectDER Solar and ConnectDER EV. 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.
Enables quick and easy solar panel connection to homes.
Facilitates fast EV charger installation without upgrades.
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Funding Insights of ConnectDER
ConnectDER has successfully raised a total of $72.45M across 6 strategic funding rounds. The most recent funding activity was a Series D round of $35 million completed in November 2024. 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 Total Funding
- Total Rounds 6
- Last Round Series D — $35.0M
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First Round
First Round
(19 Jun 2015)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Series D - ConnectDER | Valuation | Decarbonization Partners | |
| Mar, 2023 | Amount | Series C - ConnectDER | Valuation | Energy Innovation Capital | |
| Jul, 2022 | Amount | Series B - ConnectDER | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ConnectDER
ConnectDER has secured backing from 17 investors, including venture fund and institutional investors. Prominent investors backing the company include Avista Utilities, Avista Corporation and 1Energy Systems. 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.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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Corporate-backed venture capital fund
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ConnectDER
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ConnectDER
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Connectder Comparisons
Competitors of ConnectDER
ConnectDER 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 BioLite, Husk Power Systems, Fenix International, Mobisol and Okra Solar, 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 |
Energy generation from wooden biomass, powerbank and solar kit
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| domain | founded_year | HQ Location |
Hybrid renewable energy solutions are provided for rural communities.
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| domain | founded_year | HQ Location |
Plug-and-play smart batteries are produced for off-grid energy storage.
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| domain | founded_year | HQ Location |
Solar systems are offered with pay-as-you-go options in East Africa.
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| domain | founded_year | HQ Location |
Peer-to-peer solar power sharing is enabled via an integrated platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Connectder
Frequently Asked Questions about ConnectDER
When was ConnectDER founded?
ConnectDER was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Where is ConnectDER located?
ConnectDER is headquartered in Falls Church, United States. It is registered at Falls Church, Virginia, United States.
Is ConnectDER a funded company?
ConnectDER is a funded company, having raised a total of $72.45M across 6 funding rounds to date. The company's 1st funding round was a Series B of $1.5M, raised on Jun 19, 2015.
What does ConnectDER do?
ConnectDER was founded in 2011 and is headquartered in Falls Church, United States. Operations focus on the energy sector, where solutions for integrating microgrids with main grids are developed and offered. Key products include Smart ConnectDER for rapid interconnection of grid-ready distributed energy resources, Simple ConnectDER for solar PV systems, ConnectDER Bridge for real-time visibility, and ConnectDER Cloud for metering and operational data management.
Who are the top competitors of ConnectDER?
ConnectDER's top competitors include Husk Power Systems, BioLite and Baobab +.
What products or services does ConnectDER offer?
ConnectDER offers ConnectDER Solar and ConnectDER EV.
Who are ConnectDER's investors?
ConnectDER has 17 investors. Key investors include Avista Utilities, Avista Corporation, 1Energy Systems, Decarbonization Partners, and MassMutual Ventures.
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