About MyEnergy
MyEnergy is an Energy & Utilities company based in Boston (United States) founded in 2007, and was acquired by Nest in May 2013. MyEnergy has raised $5.66 million across 3 funding rounds from investors including Nest, Cap-E and PJC. The company was acqui-hired. Its focus areas include Energy Tech, Energy Efficiency Tech, ESCO and Utility Comparison and Switching. Its competitors include WattBuy, Power2Switch and Choose Energy; 3 of its 3 listed competitors have raised funding.
Company details
Provider of solutions to help consumers to switch electricity suppliers. The company provides home energy assessment by comparing the customer bills for households and a customer engagement program for electric, gas, and water utilities. The solution also provides users with information and tools needed to monitor and reduce home energy bills.
- Headquarters Boston, United States
- Stage Acquired
- SectorsEnergy & Utilities
- Website myenergy.com
- Social LinkedIn X Facebook
- Acquired by Nest (May 2013)
Funding Insights of MyEnergy
MyEnergy has successfully raised a total of $5.66M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $4.04 million completed in January 2011. 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 $5.66M
- Total Rounds 3
- Last Round Series A — $4.04M
- First Round $1.62M
(Sep 2010)
- Investors Count 3
All 3 funding rounds of MyEnergy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
Investors in MyEnergy
MyEnergy has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Nest, Cap-E and PJC.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US focused early-stage VC firm | cap-e.com | Washington, Dc, United States | ||
Seed and early-stage investments in US tech sectors are made. | pjc.vc | Boston, United States | ||
Early-stage climate tech startups are supported with seed capital. | cevg.com | |||
Provider of hardware and software for monitoring home energy consumption | 2010 | nest.com | Palo Alto, United States |
Investor details for MyEnergy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of MyEnergy
4 dated milestones of MyEnergy across 6 years, from founding to its latest funding, stage changes and deals.
- Founded MyEnergy is founded.
- Funding First funding round of $1.6M.
- Funding Latest funding round, Series A, of $4.0M.
- Exit Acquired by Nest.
Competitors of MyEnergy
MyEnergy has 3 listed competitors in our database, 3 of them funded. They include WattBuy, Power2Switch and Choose Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| wattbuy.com | 2017 | Texas, United States | $16.75M | 13 | Electric price comparison and supplier switching solutions are provided. | |
| power2switch.com | 2010 | Chicago, United States | $1.58M | Provider of electricity switching and comparison solutions for residential and commercial customers | ||
| chooseenergy.com | 2008 | San Francisco, United States | $25.7M | Energy comparisons are facilitated via an online marketplace. |
Detailed competitors of MyEnergy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of MyEnergy
Websites that share an audience with MyEnergy (myenergy.com).
Websites whose visitors overlap most with MyEnergy. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
inhabitat.com | inhabitat.com | 100% | #138,156 | – | |
| nytimes.com | 96% | 695.1M | #71 | View details | |
energywatcher.com | energywatcher.com | 69% | – |
Top companies in Energy Efficiency Solutions
3 companies that operate in the same segment as MyEnergy (Energy Efficiency Solutions) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Utility-scale renewable energy projects are developed by Enel X. | 2001 | Boston, Massachusetts, United States | USD 168.67 M | |||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Frequently Asked Questions about MyEnergy
MyEnergy was founded in 2007 and raised its 1st funding round 3 years after it was founded.
MyEnergy is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
MyEnergy is a funded company, having raised a total of $5.66M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.62M, raised on Sep 2010.
Provider of solutions to help consumers to switch electricity suppliers. The company provides home energy assessment by comparing the customer bills for households and a customer engagement program for electric, gas, and water utilities. The solution also provides users with information and tools needed to monitor and reduce home energy bills.
MyEnergy's top competitors include WattBuy, Power2Switch and Choose Energy.
MyEnergy has 4 investors. Key investors include Nest, Cap-E, PJC, and Clean Energy Venture Group.
Yes. MyEnergy was acquired by Nest in May 2013.