About Openvolt
Openvolt is a company based in Dublin (Ireland) founded in 2023 by Don O'Leary and Dave Curran.. Openvolt has raised $1.6 million across 1 funding round from investors including Cavalry Ventures and Übermorgen Ventures. Openvolt offers products and services including Smart Meter API and Energy Services Integration. Openvolt operates in a competitive market with competitors including Arcadia, Urjanet, Metry, Greenbird and Senselogix, among others.
- Headquarter Dublin, Ireland
- Founders Don O'Leary, Dave Curran
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Sectors
Energy & Utilities
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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 Openvolt Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.6 M (USD)
in 1 rounds
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Latest Funding Round
$1.6 M (USD), Seed
Sep 21, 2023
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Investors
Cavalry Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of Openvolt
Openvolt offers a comprehensive portfolio of products and services, including Smart Meter API and Energy Services Integration. 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.
Enables retrieval of smart meter data for energy applications.
Facilitates energy efficiency data for business clients.
Funding Insights of Openvolt
Openvolt has successfully raised a total of $1.6M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.6 million completed in September 2023. 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 — $1.6M
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First Round
First Round
(21 Sep 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - Openvolt | Valuation | Cavalry Ventures |
| 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 Openvolt
Openvolt has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Cavalry Ventures and Übermorgen Ventures. 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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Pre-seed and seed stage tech investments are made in Germany.
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Founded Year | Domain | Location | |
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A venture capital firm focused on climate tech startups.
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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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Founded Year | Domain | Location | |
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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 Openvolt
| 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 - Openvolt
| 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 |
Openvolt Comparisons
Competitors of Openvolt
Openvolt 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 Arcadia, Urjanet, Metry, Greenbird and Senselogix, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Arcadia is focused on providing clean energy solutions through data platforms.
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| domain | founded_year | HQ Location |
Utility data is automated and normalized for large organizations.
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| domain | founded_year | HQ Location |
SaaS-driven platform to collect meter data from utilities
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| domain | founded_year | HQ Location |
Open-source middleware for IoT data integration is developed.
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| domain | founded_year | HQ Location |
Energy management solutions
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| domain | founded_year | HQ Location |
Texture is recognized as an AI-native platform for energy operations coordination.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
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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Frequently Asked Questions about Openvolt
When was Openvolt founded?
Openvolt was founded in 2023.
Where is Openvolt located?
Openvolt is headquartered in Dublin, Ireland.
Who is the current CEO of Openvolt?
Dave Curran is the current CEO of Openvolt. They have also founded this company.
Is Openvolt a funded company?
Openvolt is a funded company, having raised a total of $1.6M across 1 funding round to date. The company's 1st funding round was a Seed of $1.6M, raised on Sep 21, 2023.
What does Openvolt do?
API for smart meter data. It offers solutions to leverage data to conduct energy audits, monitor ongoing energy efficiency, identify the most appropriate tariff, and better manage properties.
Who are the top competitors of Openvolt?
What products or services does Openvolt offer?
Openvolt offers Smart Meter API and Energy Services Integration.
Who are Openvolt's investors?
Openvolt has 2 investors. Key investors include Cavalry Ventures, and Übermorgen Ventures.