Nanogrid

Oakland, United States Founded: 2017 • Age: 9 yrs Acquired By Arcadia
Energy intelligence solutions are provided for residential customers.
Annual revenue - Latest available
Total funding $150,000 2 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products - Services tracked
Competitors 10 Brand Intelligence

About Nanogrid

Nanogrid is a company based in Oakland (United States) founded in 2017 by Dan Lopuch, Patrick Sheehan, and Jon McKay was acquired by Arcadia in April 2021. Nanogrid has raised $150 thousand across 2 funding rounds from investors including Arcadia, Plug and Play Tech Center and 500 Global. Nanogrid operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.

  • Headquarter Oakland, United States
  • Founders Dan Lopuch, Patrick Sheehan, Jon McKay
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $150 K (USD)

    in 2 rounds

  • Latest Funding Round
    $150 K (USD), Seed

    Jul 22, 2019

  • Investors
    Arcadia

    & 2 more

  • Employee Count
    Not available
  • Acquired by
    Arcadia

    (Apr 22, 2021)

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital and acceleration are provided to tech startups.
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Startups are accelerated and invested in across multiple tech sectors.
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Arcadia is focused on providing clean energy solutions through data platforms.
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Investor details for Nanogrid

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  • Investor domains
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Investments & Acquisitions by Nanogrid

Investments
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Investment portfolio details for Nanogrid

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Financial Statements - Nanogrid

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Detailed financials for Nanogrid

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Nanogrid Comparisons

Nanogrid Primary company
Description
Energy intelligence solutions are provided for residential c...
Location
Oakland, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nanogrid

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Competitors of Nanogrid

Nanogrid 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 ecobee, Particle, Signify, Landis+Gyr and Tibber, among others.

Company Name Domain Founded year HQ Location Description
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Detailed competitors of Nanogrid

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Latest news on Nanogrid

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Complete news archive for 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.

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