Evergen

Newcastle, Australia Founded: 2015 • Age: 11 yrs
Software solutions for renewable energy management are provided by Evergen.
Annual revenue - Latest available
Total funding $17.2M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Evergen

Evergen is a company based in Newcastle (Australia) founded in 2015. It operates as a SaaS (Software-as-a-Service) and Managed Services. Evergen has raised $17.15 million across 3 funding rounds from investors including Fotowatio Renewable Ventures, CSIRO and AMP Capital. Evergen offers products and services including Evergen Platform, Distributed Energy Resource Management System (DERMS), and Home Energy Management System (HEMS). Evergen operates in a competitive market with competitors including Autogrid, Franklin Energy, Voltus, GridBeyond and Husk Power Systems, among others.

  • Headquarter Newcastle, Australia
  • Sectors
    Energy & Utilities
  • Phone
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  • Website
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  • Social
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  • Legal Name Pacific 2022 Bidco C Pty Limited
Operational Areas
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $17.15 M (USD)

    in 3 rounds

  • Latest Funding Round
    $10.45 M (USD), Series B

    Jun 22, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Evergen

Evergen offers a comprehensive portfolio of products and services, including Evergen Platform, Distributed Energy Resource Management System (DERMS), and Home Energy Management System (HEMS).

Product name locked
Category locked
Primary

Software for monitoring and optimizing renewable energy assets.

Product name locked
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System for managing distributed energy resources effectively.

Product name locked
Category locked
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Tool for households to optimize solar energy usage.

People of Evergen

Headcount 50-200
Employee Profiles 7
Board Members and Advisors 2
Employee Profiles
People
Michael Burlace
Product Manager
People
Katherine Burkett
Client Success Manager
People
Nataliia Zavadska
Senior Delivery Manager
People
Jonathon Dennehy
Head Of Operations, Evergen

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Funding Insights of Evergen

Evergen has successfully raised a total of $17.15M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10.45 million completed in June 2022. 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 Evergen

Evergen has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Fotowatio Renewable Ventures, CSIRO and AMP Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Private equity fund focused on investments in real estate and infrastructure sectors
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Utility-scale renewable energy solutions are developed for power generation.
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Investor details for Evergen

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Evergen

Investments
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Investment portfolio details for Evergen

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  • Portfolio identities
  • Transaction dates
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Financial Statements - Evergen

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Detailed financials for Evergen

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  • Historical revenue
  • Profit trends
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Evergen Comparisons

Evergen Primary company
Description
Software solutions for renewable energy management are provi...
Location
Newcastle, Australia
Founded Year
2015
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Evergen

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Competitors of Evergen

Evergen 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 Autogrid, Franklin Energy, Voltus, GridBeyond and Husk Power Systems, among others.

Company Name Domain Founded year HQ Location Description
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IoT-enabled distributed energy resource management solutions are provided.
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Energy efficiency programs are designed for utilities and municipalities.
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Provider of demand response solutions for industrial and commercial applications
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AI-based platform for balancing distributed energy resources and demand response
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Hybrid renewable energy solutions are provided for rural communities.
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Solutions for demand response and energy intelligence are provided.
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Detailed competitors of Evergen

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Latest news on Evergen

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Complete news archive for Evergen

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  • Source and publication date
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  • Brand-specific news history

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Frequently Asked Questions about Evergen

Evergen was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Evergen is headquartered in Newcastle, Australia. It is registered at Newcastle, New South Wales, Australia.

Evergen is a funded company, having raised a total of $17.15M across 3 funding rounds to date.

Software platforms for monitoring, control, and optimization of distributed energy resources are developed by Evergen. Utility-scale assets and renewable energy systems across various sectors, including OEMs, energy retailers, and property developers, are supported. Solutions for energy management, such as DERMS and HEMS, are offered to enhance asset performance and facilitate the transition to renewable energy systems.

Evergen's top competitors include Husk Power Systems, Autogrid and BioLite.

Evergen offers Evergen Platform, Distributed Energy Resource Management System (DERMS), and Home Energy Management System (HEMS).

Evergen has 4 investors. Key investors include Fotowatio Renewable Ventures, CSIRO, AMP Capital, and Providence Asset Group.

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