About dcbel
dcbel is a Transportation, Automotive & Logistics company based in Montreal (Canada) founded in 2015 by Ronald Denom and Marc Andre Forget. Home energy management systems are developed for monitoring and optimization. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. dcbel has raised $152.5 million across 6 funding rounds from investors including Volvo Cars, SVB and Coatue. Its chief executive, as recorded, is Marc Andre Forget. Its website dcbel.energy draws about 16 thousand monthly visits. Its focus areas include Energy Tech, Energy Storage Tech, Charging and Devices. Its legal entity is DCBEL LLC.
Company details
dcbel was founded in 2015 in Montreal, Canada, focusing on the residential energy sector. A system is provided for homeowners to monitor, manage, and optimize energy consumption through integrations with various sources and applications. Excess energy can be bought or sold via the platform, supporting energy independence. Operations emphasize automated processes for usage insights and control across North American markets.
- Headquarters Montreal, Canada
- Founders Ronald Denom, Marc Andre Forget
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Email••••••••
- Website dcbel.energy
- Social LinkedIn X Facebook
- Legal Name Dcbel Llc
- Total Equity Funding$152.5M (USD)
in 6 rounds
- InvestorsVolvo Cars
& 9 more
Funding Insights of dcbel
dcbel has successfully raised a total of $152.5M across 6 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 $152.5M
- Total Rounds 6
- First Round $40M
(Jun 2020)
- Investors Count 10
All 6 funding rounds of dcbel 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 |
|---|---|---|---|---|---|
| Sep 2025 | Series C | – | – | ||
| Mar 2025 | $55M | Series C | – | – | |
| Aug 2023 | $50M | Series B | – | Idealist Capital, Invest Quebec | |
| May 2023 | Series B | – | – | ||
| Aug 2021 | $7.5M | Series B | – | SVB | – |
| Jun 2020 | $40M | Series B | – | Coatue |
10 investors in total: 9 institutional and 1 angel.
Investors in dcbel
dcbel has secured backing from 10 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Volvo Cars, SVB and Coatue.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of an investment platform for various stages | coatue.com | New York, United States | ||
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | realventures.com | Montreal, Canada | ||
Consumer tech startups are funded by this micro VC firm. | narrative.fund | San Francisco, United States | ||
A fund focused on catalyzing private investments in Canadian projects. | cgf-fcc.ca | Montreal, Canada | ||
Automobiles and related products are manufactured by Volvo Cars. | 1927 | volvocars.com | Gothenburg, Sweden | |
Provides growth capital to entrepreneurs for energy transition and decarbonization projects. | 2022 | idealist.capital | Montreal, Canada | |
Business guidance for corporate companies and startups | investquebec.com | Quebec City, Canada | ||
Banking services are provided to innovative companies, investors, and individuals. | 1983 | svb.com | Santa Clara, United States | |
Investment solutions are provided by Fidelity Investments Canada. | fidelity.ca | Toronto, Canada | ||
KP Kevin Patrick Mahaffey | Co-founder of Lookout, active angel investor in Indian startups | unknown_a6d5711abdb94913b |
Investor details for dcbel
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 dcbel
37 people are tracked at dcbel (13 in leadership, 24 in team).
| Name | Role | Group |
|---|---|---|
Ronald Denom | Co-Founder & COO | Leadership |
Marc Andre Forget | Co-Founder & CEO | Leadership |
Gaël Meagher | Chief Revenue Officer | Leadership |
Benjamin Tuff | Chief Marketing Officer | Leadership |
Dan Fletcher | Head of Ecosystems | Leadership |
Simon Robins | Head Of Supply Chain | Leadership |
Serge Laporte | Chief Information Officer | Leadership |
Vinh Nguyen | Head Of Engineering | Leadership |
Matthieu Vidricaire | Chief Growth Officer | Leadership |
Laurent Schmitt | Head of Utilities & European Developments | Leadership |
Marc-André Forget P.Eng. | Founder, CEO | Leadership |
Sarah Wilson, CPA auditor | Director Of Finance | Leadership |
Marie-Josee Berube | Chief Of Staff | Leadership |
Andrei Holmak | Software Lead | Team |
Bianyu Wang | Full Stack Developer | Team |
Jean-Hugues Deschenes | Senior Software Architect - embedded systems | Team |
Muhammad Sajjad Khan | Senior Full Stack Developer | Team |
William Cover | Lead Mechanical Engineer | Team |
Amélie Bruel | Test Engineer | Team |
Hamsa DevarajeGowda | DevOps Specialist | Team |
17 more people are available in the full profile.
Complete people profiles for dcbel
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 dcbel
3 dated milestones of dcbel across 10 years, from founding to its latest funding, stage changes and deals.
- Founded dcbel is founded.
- Funding First funding round of $40.0M.
- Funding Latest funding round, Series C,.
Web traffic of dcbel
The website of dcbel (dcbel.energy) receives about 15.6K visits a month.
- Monthly visits15.6K
▲ 18.2% vs previous month
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Related news about Dcbel
Complete news archive for dcbel
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Frequently Asked Questions about dcbel
dcbel was founded in 2015 and raised its 1st funding round 5 years after it was founded.
dcbel is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Marc Andre Forget is the CEO of dcbel, as recorded in our data. They have also founded this company.
dcbel is a funded company, having raised a total of $152.5M across 6 funding rounds to date. The company's 1st funding round was a Series B of $40M, raised on Jun 2020.
dcbel was founded in 2015 in Montreal, Canada, focusing on the residential energy sector. A system is provided for homeowners to monitor, manage, and optimize energy consumption through integrations with various sources and applications. Excess energy can be bought or sold via the platform, supporting energy independence. Operations emphasize automated processes for usage insights and control across North American markets.
dcbel has 10 investors. Key investors include Volvo Cars, SVB, Coatue, Real Ventures, and Idealist Capital.
dcbel operates through Dcbel Llc.