Evergen

Newcastle, Australia Founded: 2015 • Age: 11 yrs
Software solutions for renewable energy management are provided by Evergen.

About Evergen

Evergen is an Energy & Utilities company based in Newcastle (Australia) founded in 2015. Software solutions for renewable energy management are provided by Evergen. It operates on a SaaS (Software-as-a-Service) and Managed Services model. 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). Its focus areas include Energy, Renewable Energy and Energy Management Software. Its legal entity is Pacific 2022 Bidco C Pty Limited.

Company details

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.

Key Metrics

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).

Evergen Platform
Energy Management Software

Software for monitoring and optimizing renewable energy assets.

Distributed Energy Resource Management System (DERMS)
Energy Management Software

System for managing distributed energy resources effectively.

Home Energy Management System (HEMS)
Energy Management Software

Tool for households to optimize solar energy usage.

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.

  • Total Funding $17.15M
  • Total Rounds 3
  • Last Round Series B β€” $10.45M
  • First Round $3.7M

    (Aug 2016)

  • Investors Count 4

All 3 funding rounds of Evergen with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2022$10.45MSeries B–Fotowatio Renewable Ventures
–
Oct 2020$3MSeries A–Providence Asset Group
–
Aug 2016$3.7MSeries A–AMP Capital, CSIRO
–
Valuation history

4 investors in total: 4 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
providences.com.au
Private equity fund focused on investments in real estate and infrastructure sectors
2003ampcapital.comBeijing, China
Utility-scale renewable energy solutions are developed for power generation.
2006frv.comMadrid, Spain
Scientific research and technological solutions are provided across disciplines.
1926csiro.auUnited States
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Investor details for Evergen

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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People of Evergen

9 people are tracked at Evergen (3 in leadership, 2 in board & advisors, 4 in team).

NameRoleGroup
Jonathon Dennehy
Head Of Operations, EvergenLeadership
Adrian Hennely
Chief Delivery OfficerLeadership
Ben Burns
Chief Operating OfficerLeadership
Felipe Hernandez Fernandez
ChairBoard & advisors
Alvaro Medina Manresa
Non Executive DirectorBoard & advisors
Michael Burlace
Product ManagerTeam
Katherine Burkett
Client Success ManagerTeam
Nataliia Zavadska
Senior Delivery ManagerTeam
Francois Fernando
Senior Data/Machine Learning EngineerTeam
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Complete people profiles for Evergen

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  • Team structure
  • Board tenure
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Timeline of Evergen

3 dated milestones of Evergen across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded Evergen is founded.
  2. Funding First funding round of $3.7M.
  3. Funding Latest funding round, Series B, of $10.5M.

Web traffic of Evergen

The website of Evergen (evergen.energy) receives about 10K visits a month.

  • Monthly visits
    10K

    ▲ 6.2% vs previous month

Similar websites

Websites whose visitors overlap most with Evergen. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
solarquotes.com.au
100%
620.3K#101,717View details
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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. The company's 1st funding round was a Series A of $3.7M, raised on Aug 2016.

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 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.

Evergen operates through Pacific 2022 Bidco C Pty Limited.

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