About Nanogrid
Nanogrid is a Business Services company based in Oakland (United States) founded in 2017 by Dan Lopuch, Patrick Sheehan, and Jon McKay, and was acquired by Arcadia in April 2021. It operates as an energy intelligence solutions are provided for residential customers. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Nanogrid has raised $150 thousand across 2 funding rounds from investors including Arcadia, Plug and Play Tech Center and 500 Global. Its chief executive is Patrick Sheehan. Its focus areas include Energy Tech, Smart Grid, Utility Management and Customer Engagement. Its competitors include ecobee, Particle, Signify, Landis+Gyr and Tibber and 4 more; 6 of its 9 listed competitors have raised funding.
Company details
Nanogrid was founded in 2017 in Oakland, United States, within the energy sector. Energy intelligence solutions are delivered to residential customers, focusing on simulations of real-world device specifications and constraints to evaluate impacts on net electricity load. Energy costs are estimated according to usage patterns, and combinations of device usage are recommended to enhance lifetime value for users.
- Headquarters Oakland, United States
- Founders Dan Lopuch, Patrick Sheehan, Jon McKay
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Website nanogrid.tech
- Social LinkedIn
- Acquired by Arcadia (Apr 2021)
Funding Insights of Nanogrid
Nanogrid has successfully raised a total of $150K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $150 thousand completed in July 2019. 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 $150,000
- Total Rounds 2
- Last Round Seed — $150,000
- Investors Count 2
All 2 funding rounds of Nanogrid 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 2019 | $150,000 | Seed | – | 500 Global | – |
| Jun 2018 | – | Seed | – | Plug and Play Tech Center | – |
3 investors in total: 3 institutional.
Investors in Nanogrid
Nanogrid has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Arcadia, Plug and Play Tech Center and 500 Global.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital and acceleration are provided to tech startups. | – | 500.co | Ho Chi Minh City, Vietnam | |
Startups are accelerated and invested in across multiple tech sectors. | 2006 | plugandplaytechcenter.com | Sunnyvale, United States | |
Arcadia is focused on providing clean energy solutions through data platforms. | 2014 | arcadia.com | - |
Investor details for Nanogrid
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People of Nanogrid
3 people are tracked at Nanogrid (3 in leadership).
| Name | Role | Group |
|---|---|---|
Dan Lopuch | Co-Founder & CTO | Leadership |
Patrick Sheehan | Co-Founder & CEO | Leadership |
Jon McKay | Co-Founder & CPO | Leadership |
Complete people profiles for Nanogrid
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Timeline of Nanogrid
4 dated milestones of Nanogrid across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Nanogrid is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $150K.
- Exit Acquired by Arcadia.
Competitors of Nanogrid
Nanogrid has 9 listed competitors in our database, 6 of them funded. They include ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| tibber.com | 2016 | Stockholm, Sweden | $177M | 61 | Provider of solutions for energy monitoring for residential building | |
| powersecure.com | 1991 | Wake Forest, United States | – | 1,030 | Energy efficiency and smart grid management solutions | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| osram.com | 1919 | Munich, Germany | – | 13 | Automotive lighting equipment is manufactured by Osram in Germany. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. |
Detailed competitors of Nanogrid
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Top companies in Facility Management Platforms
10 companies that operate in the same segment as Nanogrid (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 56 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Related news about Nanogrid
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Frequently Asked Questions about Nanogrid
Nanogrid was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Nanogrid is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Patrick Sheehan is the current CEO of Nanogrid. They have also founded this company.
Nanogrid is a funded company, having raised a total of $150K across 2 funding rounds to date.
Nanogrid was founded in 2017 in Oakland, United States, within the energy sector. Energy intelligence solutions are delivered to residential customers, focusing on simulations of real-world device specifications and constraints to evaluate impacts on net electricity load. Energy costs are estimated according to usage patterns, and combinations of device usage are recommended to enhance lifetime value for users.
Nanogrid's top competitors include ecobee, Particle and Landis+Gyr.
Nanogrid has 3 investors. Key investors include Arcadia, Plug and Play Tech Center, and 500 Global.
Yes. Nanogrid was acquired by Arcadia in April 2021.