About Locus Energy
Locus Energy is a Technology company based in Hoboken (United States) founded in 2007 by Michael Herzig, and was acquired by Genscape in September 2015. Solar monitoring and analytics are provided for distributed PV markets. It operates in the Technology, Energy & Utilities, and Business Services sectors. Locus Energy has raised $1.18 million across 1 funding round from investors including Genscape. The company was acqui-hired. Locus Energy offers products and services including PowerTrack and Edge-to-Cloud Platform. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Building Management and Building Energy Management. Its legal entity is Locus Energy, LLC. Its competitors include Particle, Span.IO and Trilliant; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Hoboken, United States
- Founders Michael Herzig
- Stage Acquired
- SectorsTechnologyEnergy & Utilities Business Services
- Email••••••••
- Website locusenergy.com
- Social LinkedIn X Facebook
- Acquired by Genscape (Sep 2015)
- Legal Name Locus Energy, Llc
Products & Services of Locus Energy
Locus Energy offers a comprehensive portfolio of products and services, including PowerTrack and Edge-to-Cloud Platform.
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 $1.18M
- Total Rounds 1
- Last Round Seed — $1.18M
- First Round $1.18M
(Jul 2009)
All 1 funding rounds of Locus Energy 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 |
|---|---|---|---|---|---|
| Jul 2009 | $1.18M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Locus Energy
Locus Energy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Genscape.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Data & Intelligence for global commodity and energy markets | 1999 | genscape.com | Louisville, United States |
Investor details for Locus Energy
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People of Locus Energy
1 people are tracked at Locus Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Michael Herzig | Founder & President | Leadership |
Complete people profiles for Locus Energy
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Timeline of Locus Energy
3 dated milestones of Locus Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Locus Energy is founded.
- Funding First funding round of $1.2M.
- Exit Acquired by Genscape.
Competitors of Locus Energy
Locus Energy has 3 listed competitors in our database, 3 of them funded. They include Particle, Span.IO and Trilliant.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| trilliant.com | 1997 | Spearfish, United States | $317M | Provider of communication systems and software platforms for smart grid applications |
Detailed competitors of Locus Energy
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Web traffic of Locus Energy
The website of Locus Energy (locusenergy.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▲ 87.4% vs previous month
Websites whose visitors overlap most with Locus Energy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
deckmonitoring.com | deckmonitoring.com | 100% | – | ||
| enphase.com | 94% | 569K | #91,206 | View details | |
datareadings.com | datareadings.com | 79% | #569,277 | – | |
| alsoenergy.com | 76% | 54.8K | #364,554 | View details | |
| intersolar.us | 71% | View details | |||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 10 similar websites and full traffic analytics for Locus Energy
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- 10 similar websites
- Audience overlap
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- Traffic by brand
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Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as Locus Energy (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
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Related news about Locus Energy
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Frequently Asked Questions about Locus Energy
Locus Energy was founded in 2007 and raised its 1st funding round 2 years after it was founded.
Locus Energy is headquartered in Hoboken, United States. It is registered at Hoboken, New Jersey, United States.
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 2009.
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.
Locus Energy offers PowerTrack and Edge-to-Cloud Platform.
Locus Energy has 1 investor. Key investors include Genscape.
Locus Energy operates through Locus Energy, Llc.
Yes. Locus Energy was acquired by Genscape in September 2015.