About Locus Energy
Locus Energy is a company based in Hoboken (United States) founded in 2007 by Michael Herzig was acquired by Genscape in September 2015.. Locus Energy has raised $1.18 million across 1 funding round from investors including Genscape. Locus Energy offers products and services including PowerTrack and Edge-to-Cloud Platform. Locus Energy operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.
- Headquarter Hoboken, United States
- Founders Michael Herzig
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Sectors
TechnologyEnergy & Utilities Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Locus Energy, Llc
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Products & Services of Locus Energy
Locus Energy offers a comprehensive portfolio of products and services, including PowerTrack and Edge-to-Cloud Platform. 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.
Manages clean energy portfolios with analytics and reporting tools
Monitors and optimizes solar assets remotely for efficiency
Funding Insights of Locus Energy
Locus Energy has successfully raised a total of $1.18M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.18 million completed in July 2009. 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 1
- Last Round Seed — $1.2M
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First Round
First Round
(27 Jul 2009)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2009 | Amount | Seed - Locus Energy | 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 Locus Energy
Locus Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Genscape. 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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Data & Intelligence for global commodity and energy markets
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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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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 Locus Energy
| 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 - Locus Energy
| 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 |
Locus Energy Comparisons
Competitors of Locus Energy
Locus Energy 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 Particle, ecobee, Signify, Landis+Gyr and Span.IO, 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 |
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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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Latest news on Locus Energy
Frequently Asked Questions about Locus Energy
When was Locus Energy founded?
Locus Energy was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Where is Locus Energy located?
Locus Energy is headquartered in Hoboken, United States. It is registered at Hoboken, New Jersey, United States.
Is Locus Energy a funded company?
Locus Energy is a funded company, having raised a total of $1.18M across 1 funding round to date. The company's 1st funding round was a Seed of $1.18M, raised on Jul 27, 2009.
What does Locus Energy do?
Locus Energy was founded in 2007 and operates in the renewable energy sector, focusing on a platform for solar monitoring and data analytics. Services are extended to residential, commercial, and utility sectors within the distributed PV market. Over 75,000 systems have been deployed across North America, with solar assets exceeding 2GW under monitoring. The company is based in Hoboken, United States.
Who are the top competitors of Locus Energy?
Locus Energy's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does Locus Energy offer?
Locus Energy offers PowerTrack and Edge-to-Cloud Platform.
Who are Locus Energy's investors?
Locus Energy has 1 investor. Key investors include Genscape.