About Opower
Opower is a company based in Arlington (United States) founded in 2007 was acquired by Oracle in May 2016. Opower has raised $65.5 million across 4 funding rounds from investors including Oracle, Kleiner Perkins and Accel. The company has 1 employees. Opower offers products and services including Opower, Cloud Infrastructure, and Advanced Metering. Opower operates in a competitive market with competitors including Enel X, Particle, ecobee, Landis+Gyr and Nanoleaf, among others.
- Headquarter Arlington, United States
- Employees 1
- Stage Public
- SectorsBusiness ServicesEnergy & Utilities
- Website category Finance
- Website opower.com
- Social LinkedIn X Facebook
- Acquired by Oracle (May 2016)
- Legal Name Opower, Inc.
Products & Services of Opower
Opower offers a comprehensive portfolio of products and services, including Opower, Cloud Infrastructure, and Advanced Metering.
Platform using AI for energy efficiency and customer behavior insights
Infrastructure for utilities billing and analytics processing
System for capturing and analyzing meter data for efficiency
Funding Insights of Opower
Opower has successfully raised a total of $65.5M across 4 strategic funding rounds. 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 $65.5M
- Total Rounds 4
- First Round $1.5M
(Jun 2007)
- Investors Count 5
All 4 funding rounds of Opower 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 |
|---|---|---|---|---|---|
| Apr 2014 | – | Series C | – | E.ON | – |
| Nov 2010 | $50M | Series C | – | Accel, New Enterprise Associates | |
| Dec 2008 | $14M | Series A | – | New Enterprise Associates | – |
| Jun 2007 | $1.5M | Seed | – | MHS Capital | – |
6 investors in total: 6 institutional.
Investors in Opower
Opower has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Oracle, Kleiner Perkins and Accel.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Accel is recognized as a leading venture capital firm. | 1983 | accel.com | Palo Alto, United States | |
Venture capital investments are offered to startups by NEA. | – | nea.com | Menlo Park, United States | |
Venture capital firm investing in early-stage tech startups | 1972 | kleinerperkins.com | Menlo Park, United States | |
Venture capital is invested in US startups by MHS Capital. | – | mhscapital.com | San Francisco, United States | |
Provider of electricity and natural gas distribution services | 2000 | eon.com | Essen, Germany | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | oracle.com | Austin, United States |
Investor details for Opower
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.
People of Opower
159 people are tracked at Opower (89 in leadership, 10 in board & advisors, 60 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Nisha Tijare | Sr Director Inside Sales Applications | Leadership |
Patrick Hametner | Account Director | Leadership |
Lance Olson | Senior Vice President, Health Data Intelligence Platform | Leadership |
Ramsyam Missula | Vice President, Health Data Intelligence (hdi) At Oracle | Leadership |
Suhas Uliyar | Senior Vice President Product Management Clinical & Healthcare AI | Leadership |
Dion Adamy | Senior Director, Software Development | Leadership |
Jessie Braiman Weisenstein | Vp, Operations - Health Data Intelligence | Leadership |
Jeff Naughton | Senior Director Oracle Health & Life Sciences Sales | Leadership |
John Borcic | Sr Director Sales Communications Applications | Leadership |
Sumith Mathew | Sr. Director, Software Development, Healthcare AI | Leadership |
Larry Dailey | Vice President Of Sales At Oracle Health | Leadership |
Srinivas Bhupalam | Sales Director | Leadership |
Cor Rumping | GM & Senior Director Oracle Health Benelux | Leadership |
Sowmya Ballakur Ph.d | Vice President, Product, Lifesciences At Oracle Health Data Intelligence | Leadership |
Bharat Sutariya | Senior Vice President & Chief Health Officer | Leadership |
Kaitlyn Cleary | Director HCM / CX Practice | Leadership |
Seema Verma | Executive Vice President and General Manager, Oracle Health and Life Sciences | Leadership |
Ed Simcox | Sr. Director, Health AI Platform | Leadership |
Mark Hura | President, Global Field Operations | Leadership |
Anand Chandramohan | Director Of Product Management | Leadership |
139 more people are available in the full profile.
Complete people profiles for Opower
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Opower
5 dated milestones of Opower across 9 years, from founding to its latest funding, stage changes and deals.
- Founded Opower is founded.
- Funding First funding round of $1.5M.
- Funding Latest funding round, Series C,.
- IPO Lists on the stock exchange (IPO).
- Exit Acquired by Oracle.
Competitors of Opower
Opower 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 Enel X, Particle, ecobee, Landis+Gyr and Nanoleaf, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| landisgyr.com | 1896 | Zug, Switzerland | $1.03B | 996 | End-to-end energy management solutions are provided for utilities worldwide. | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. | |
| span.io | 2014 | San Francisco, United States | $255.56M | – | Smart panels for home energy management are provided by Span.IO. | |
| signify.com | 1891 | Eindhoven, Netherlands | – | – | Signify is recognized as a global leader in lighting solutions. | |
| awox.com | 2003 | Montpellier, France | $5.13M | – | Wifi-enabled smart home appliances are provided by AwoX. | |
| resideo.com | 2018 | Wilmington, United States | – | 293 | Smart home products for security and energy efficiency are provided. | |
| franklinenergy.com | 1994 | Milwaukee, United States | – | 641 | Energy efficiency programs are designed for utilities and municipalities. |
Detailed competitors of Opower
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 Opower
The website of Opower (opower.com) receives about 865.7K visits a month and ranks #51,067 among all websites worldwide, #3,235 in Finance.
- Monthly visits865.7K
▲ 10.6% vs previous month
- Unique visitors374.7K
per month
- Global rank#51,067
among all websites
- Category rank#3,235
Finance
- Bounce rate19%
- Pages per visit5.1
- Average visit2 min 37 sec
- DevicesDesktop 46% · Mobile 54%
Websites whose visitors overlap most with Opower. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
coautilities.com | coautilities.com | 100% | – | #78,429 | – |
texasgasservice.com | texasgasservice.com | 71% | – | #106,300 | – |
| smeco.coop | 62% | 85.5K | #551,374 | View details | |
| smud.org | 62% | – | #53,115 | View details | |
secured-server.biz | secured-server.biz | 61% | – | #146,200 | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Opower
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Latest news on Opower
Complete news archive for Opower
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Opower
10 companies that operate in the same segment as Opower (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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Frequently Asked Questions about Opower
Opower was founded in 2007.
Opower is headquartered in Arlington, United States. It is registered at Arlington, Virginia, United States.
Opower is a funded company, having raised a total of $65.5M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Jun 2007.
Opower has 1 employees.
Founded in 2007 and based in Arlington, United States, Opower operates in the utility industry by delivering cloud-based software. Energy data is analyzed to generate personalized insights for consumers, aimed at lowering usage. Solutions encompass energy efficiency reports under utility branding, smart meter-integrated alerts and emails, and demand response programs that involve residential customers through text messages, automated calls, and notifications during peak pricing periods.
Opower offers Opower, Cloud Infrastructure, and Advanced Metering.
Opower has 6 investors. Key investors include Oracle, Kleiner Perkins, Accel, E.ON, and NEA.
Opower operates through Opower, Inc..
Yes. Opower was acquired by Oracle in May 2016.
The website of Opower receives about 866 thousand visits a month and ranks #51,067 among all websites worldwide.