About David Energy
David Energy is a company based in Brooklyn (United States) founded in 2016. It operates as a Green Energy-as-a-Service and Subscription Services. David Energy has raised $49.1 million across 5 funding rounds from investors including Turntide, Union Square Ventures and Keyframe. David Energy offers products and services including Electricity for Business, Electricity for Home, Community Solar Plan, Smart Battery Solutions, and EV Charging Solutions. David Energy operates in a competitive market with competitors including Scale Microgrids, VoltaGrid, New Sun Road, Enchanted Rock and ELONCITY, among others.
- Headquarter Brooklyn, 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 David Energy Systems, Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$49.1 M (USD)
in 5 rounds
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Latest Funding Round
$23 M (USD), Series B
Apr 29, 2024
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Investors
Turntide
& 18 more
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Employee Count
Not available
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Products & Services of David Energy
David Energy offers a comprehensive portfolio of products and services, including Electricity for Business, Electricity for Home, Community Solar Plan, Smart Battery Solutions, and EV Charging Solutions.
Customized electricity plans are provided for business efficiency.
Home energy plans are designed for cost savings.
Solar subscription plans are offered for bill savings.
Battery systems are optimized for energy management efficiency.
Smart charging is provided for cost-effective EV usage.
People of David Energy
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Funding Insights of David Energy
David Energy has successfully raised a total of $49.1M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $23 million completed in April 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.
Investors in David Energy
David Energy has secured backing from 19 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Turntide, Union Square Ventures and Keyframe.
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Equal Ventures is focused on investing in technology for legacy industries.
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Investing in early-stage tech companies and ideas.
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Investor details for David Energy
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Investments & Acquisitions by David Energy
Investment portfolio details for David Energy
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Financial Statements - David Energy
Detailed financials for David Energy
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David Energy Comparisons
Peer comparison for David Energy
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Competitors of David Energy
David Energy 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 Scale Microgrids, VoltaGrid, New Sun Road, Enchanted Rock and ELONCITY, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Microgrids are manufactured by Scale Microgrids in the United States.
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AI and cloud-driven platform offering microgrids to provide electricity to off-grid areas
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Distributed energy solutions for renewable power are provided.
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Provider of load management and microgrid systems
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Microgrid solutions enabled by distributed energy generation systems are provided.
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Detailed competitors of David Energy
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Latest news on David Energy
Complete news archive for David Energy
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Frequently Asked Questions about David Energy
David Energy was founded in 2016 and raised its 1st funding round 4 years after it was founded.
David Energy is headquartered in Brooklyn, United States. It is registered at Brooklyn, New York, United States.
David Energy is a funded company, having raised a total of $49.1M across 5 funding rounds to date.
David Energy is engaged in delivering smart electricity solutions for both residential and commercial customers. The company operates in the renewable energy sector, emphasizing cleaner, cheaper, and more reliable power through technology integration. Solutions are provided to bridge the gap between aging grid infrastructure and modern energy needs, incorporating solar, battery systems, and smart devices. Services include customized business electricity plans, home energy management, community solar subscriptions, and EV charging optimization. A commitment is made to building a 100 clean energy grid to support a sustainable future.
David Energy's top competitors include Scale Microgrids, VoltaGrid and Enchanted Rock.
David Energy offers Electricity for Business, Electricity for Home, Community Solar Plan, Smart Battery Solutions, and EV Charging Solutions.
David Energy has 19 investors. Key investors include Turntide, Union Square Ventures, Keyframe, Equal Ventures, and BoxGroup.