About kWantera
kWantera is a company based in Pittsburgh (United States) founded in 2006 by Mark DeSantis was acquired by Moody Aldrich Partners in November 2016.. kWantera has raised $7.16 million across 4 funding rounds from investors including General Electric and Moody Aldrich Partners. The company has 7 employees as of December 31, 2022. kWantera offers products and services including Solar Panels and Storage Battery. kWantera operates in a competitive market with competitors including Gaiascope, cQuant, Myst AI, Tempus Energy and Cold Futures, among others.
- Headquarter Pittsburgh, United States
- Employees 7 as on 31 Dec, 2022
- Founders Mark DeSantis
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$7.16 M (USD)
in 4 rounds
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Latest Funding Round
$813.83 K (USD), Series A
May 11, 2016
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Investors
General Electric
& 1 more
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Employee Count
7
as on Dec 31, 2022
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Acquired by
Moody Aldrich Partners
(Nov 07, 2016)
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Products & Services of kWantera
kWantera offers a comprehensive portfolio of products and services, including Solar Panels and Storage Battery. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Devices that convert sunlight into electricity for energy generation.
Systems for storing energy from renewable sources like solar.
Funding Insights of kWantera
kWantera has successfully raised a total of $7.16M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $813.83 thousand completed in May 2016. 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 Funding
- Total Rounds 4
- Last Round Series A — $813,833
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First Round
First Round
(07 Sep 2007)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2016 | Amount | Series A - kWantera | Valuation |
investors |
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| Dec, 2014 | Amount | Series A - kWantera | Valuation | General Electric |
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| Nov, 2012 | Amount | Seed - kWantera | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in kWantera
kWantera has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include General Electric and Moody Aldrich Partners. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Diversified operations are conducted across multiple industries worldwide.
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Founded Year | Domain | Location | |
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Investment management services are offered by Moody Aldrich Partners.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by kWantera
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - kWantera
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kwantera Comparisons
Competitors of kWantera
kWantera 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 Gaiascope, cQuant, Myst AI, Tempus Energy and Cold Futures, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Machine learning analytics for power industry forecasting are developed.
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| domain | founded_year | HQ Location |
Quantitative models for energy analytics and risk are provided.
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| domain | founded_year | HQ Location |
Business intelligence solutions are offered for energy industries.
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| domain | founded_year | HQ Location |
Provides demand management solutions by utilizing electricity during off-peak hours for cost-effective rates.
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| domain | founded_year | HQ Location |
Advanced algorithms are utilized for electricity demand forecasting and synchronization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about kWantera
When was kWantera founded?
kWantera was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Where is kWantera located?
kWantera is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is kWantera a funded company?
kWantera is a funded company, having raised a total of $7.16M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.9M, raised on Sep 07, 2007.
How many employees does kWantera have?
As of Dec 31, 2022, the latest employee count at kWantera is 7.
What does kWantera do?
kWantera is an energy analytics company which provides predictive modeling based recommendation engine to power market players, such as Commercial and Industrial electricity consumers and power generators who sell their power in the wholesale energy market. kWanteras predictive engine assists tracks and monitors a million data points to help users in day ahead purchase and sale of power in the exchange. The system provides for the daily optimized bidding strategies through their cloud-based web portal, the HUB, which provides access to market intelligence, data visualization, and energy management tools. It is backed by Ben Franklin Technology Partners.
Who are the top competitors of kWantera?
What products or services does kWantera offer?
kWantera offers Solar Panels and Storage Battery.
Who are kWantera's investors?
kWantera has 2 investors. Key investors include General Electric, and Moody Aldrich Partners.
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