About Demand Energy Networks
Demand Energy Networks is a company based in Liberty Lake (United States) founded in 2008, and was acquired by Enel Green Power in January 2017. Data analytics platform with integration of energy storage systems for demand management. Demand Energy Networks has raised $20.58 million across 7 funding rounds from investors including Enel Green Power.
Company details
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;
- Headquarters Liberty Lake, United States
- Stage Acquired
- Website demand-energy.com
- Social LinkedIn X Facebook
- Acquired by Enel Green Power (Jan 2017)
- Total Equity Funding$20.58M (USD)
in 7 rounds
- Latest Funding Round$3.84M (USD), Series B
May 2015
- Investors
- Acquired byEnel Green Power
(Jan 2017)
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 $20.58M
- Total Rounds 7
- Last Round Series B — $3.84M
- First Round $650,000
(Jun 2010)
All 7 funding rounds of Demand Energy Networks 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 |
|---|---|---|---|---|---|
| May 2015 | $3.84M | Series B | – | – | – |
| May 2013 | $3.22M | Series A | – | – | – |
| Jan 2013 | $2.43M | Debt – Conventional | – | – | – |
| Jan 2013 | $2.43M | Series A | – | – | – |
| Jan 2012 | $5.23M | Series B | – | – | – |
| Jan 2012 | $5.23M | Series A | – | – | – |
| Jun 2010 | $650,000 | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Demand Energy Networks
Demand Energy Networks has secured backing from 1 investor. Prominent investors backing the company include Enel Green Power.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operator of hydro, geothermal, wind, solar, and biogas power plants | 2008 | enelgreenpower.com | Rome, Italy |
Investor details for Demand Energy Networks
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.
Timeline of Demand Energy Networks
4 dated milestones of Demand Energy Networks across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Demand Energy Networks is founded.
- Funding First funding round of $650K.
- Funding Latest funding round, Series B, of $3.8M.
- Exit Acquired by Enel Green Power.
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Frequently Asked Questions about Demand Energy Networks
Demand Energy Networks was founded in 2008 and raised its 1st funding round 2 years after it was founded.
Demand Energy Networks is headquartered in Liberty Lake, United States. It is registered at Liberty Lake, Washington, United States.
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 Seed of $650K, raised on Jun 2010.
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;.
Demand Energy Networks has 1 investor. Key investors include Enel Green Power.
Yes. Demand Energy Networks was acquired by Enel Green Power in January 2017.