Demand Energy Networks

Liberty Lake, United States Founded: 2008 • Age: 18 yrs Acquired By Enel Green Power
Data analytics platform with integration of energy storage systems for demand management
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About Demand Energy Networks

Demand Energy Networks is a company based in Liberty Lake (United States) founded in 2008 was acquired by Enel Green Power in January 2017.. Demand Energy Networks has raised $20.58 million across 7 funding rounds from investors including Enel Green Power.

  • Headquarter Liberty Lake, United States
  • Phone
    *********
  • Website
    *********
  • Social
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Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $20.58 M (USD)

    in 7 rounds

  • Latest Funding Round
    $3.84 M (USD), Series B

    May 29, 2015

  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Enel Green Power

    (Jan 11, 2017)

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Funding Insights of Demand Energy Networks

Demand Energy Networks has successfully raised a total of $20.58M across 7 strategic funding rounds. The most recent funding activity was a Series B round of $3.84 million completed in May 2015. 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 Rounds 7
  • Last Round Series B — $3.8M
  • First Round

    (25 Jun 2010)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2015 Amount Series B - Demand Energy Networks Valuation

investors

May, 2013 Amount Series A - Demand Energy Networks Valuation

investors

Jan, 2013 Amount Debt – Conventional - Demand Energy Networks Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Demand Energy Networks

Demand Energy Networks has secured backing from 1 investor. Prominent investors backing the company include Enel Green Power. 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.

All
Investor Description Founded Year Domain Location
Operator of hydro, geothermal, wind, solar, and biogas power plants
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Demand Energy Networks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Demand Energy Networks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Demand Energy Networks Comparisons

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Competitors of Demand Energy Networks

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Demand Energy Networks

Frequently Asked Questions about Demand Energy Networks

When was Demand Energy Networks founded?

Demand Energy Networks was founded in 2008 and raised its 1st funding round 2 years after it was founded.

Where is Demand Energy Networks located?

Demand Energy Networks is headquartered in Liberty Lake, United States. It is registered at Liberty Lake, Washington, United States.

Is Demand Energy Networks a funded company?

Demand Energy Networks is a funded company, having raised a total of $20.58M across 7 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.43M, raised on Jun 25, 2010.

What does Demand Energy Networks do?

Demand Energy Networks installs lead-acid and lithium based battery energy storage systems with comprehensive platform for integrating big-data analytics with energy storage at the edge of the utility grid.nbsp;The deployment of distributed generation and intelligent energynbsp;storage systems on either side of the customer meter will make the smart grid smarter, more resilient and costnbsp;effective for everyone.nbsp;Demand Energys Joule.System is a turn-key solution that provides the intelligence, big data analytics and network architecture required to maximize the benefits of distributed energy storage. It centralizes and tightly integrates all of the functions needed to aggregate and manage distributed energy storage resources independently of their location, capacity or ownership. Their energy storage systems save the power during off peak hours at less cost and utilize the power during peak hours when the cost is high.nbsp;.

Who are Demand Energy Networks's investors?

Demand Energy Networks has 1 investor. Key investors include Enel Green Power.

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