About Optimum Energy
Optimum Energy is a company based in Seattle (United States) founded in 2005 was acquired by Bernhard Capital Partners in June 2023. It operates as a Energy-as-a-Service, and Managed Services. Optimum Energy has raised $40.93 million across 12 funding rounds from investors including Johnson Controls, Columbia Pacific Advisors and Edison Energy. The company has 47 employees as of December 31, 2022. Optimum Energy offers products and services including Energy-as-a-Service (EaaS), OptimumLOOP®, OptimumAIR®, OptimumHEAT®, and OptiCx® Software. Optimum Energy operates in a competitive market with competitors including ecobee, Eneco, Swell Energy, Genea and Smart Joules, among others.
- Headquarter Seattle, United States
- Employees 47 as on 31 Dec, 2022
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Optimum Energy Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$40.93 M (USD)
in 12 rounds
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Latest Funding Round
$3 M (USD), Series C
Nov 04, 2016
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Investors
Johnson Controls
& 5 more
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Employee Count
47
as on Dec 31, 2022
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Acquired by
Bernhard Capital Partners
(Jun 22, 2023)
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Products & Services of Optimum Energy
Optimum Energy offers a comprehensive portfolio of products and services, including Energy-as-a-Service (EaaS), OptimumLOOP®, OptimumAIR®, OptimumHEAT®, and OptiCx® Software. 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.
Energy costs are reduced through guaranteed savings solutions.
Chilled water plants are optimized for energy efficiency.
Air handlers are optimized for energy cost reduction.
Boiler plants are optimized for energy savings continuously.
HVAC systems are monitored for real-time optimization insights.
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Funding Insights of Optimum Energy
Optimum Energy has successfully raised a total of $40.93M across 12 strategic funding rounds. The most recent funding activity was a Series C round of $3 million completed in November 2016. 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 12
- Last Round Series C — $3.0M
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First Round
First Round
(26 Nov 2007)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2016 | Amount | Series C - Optimum Energy | Valuation |
investors |
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| Aug, 2015 | Amount | Series C - Optimum Energy | Valuation | Edison Energy , Columbia Pacific Advisors |
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| Aug, 2014 | Amount | Series B - Optimum Energy | Valuation |
investors |
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| 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 Optimum Energy
Optimum Energy has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include Johnson Controls, Columbia Pacific Advisors and Edison Energy. 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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Investments in technology sectors are managed by Navitas Capital.
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Founded Year | Domain | Location | |
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A private equity firm focused on services and infrastructure investments.
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Founded Year | Domain | Location | |
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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 Optimum Energy
| 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 - Optimum Energy
| 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 |
Optimum Energy Comparisons
Competitors of Optimum Energy
Optimum Energy 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, Eneco, Swell Energy, Genea and Smart Joules, 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 |
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Producer and supplier of natural gas, electricity, and heat
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| domain | founded_year | HQ Location |
Reseller and installer of energy storage devices
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| domain | founded_year | HQ Location |
Submeter billing and overtime HVAC management services are provided.
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| domain | founded_year | HQ Location |
AI-powered energy management and HVAC solutions for buildings are provided.
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| domain | founded_year | HQ Location |
AI and SaaS-driven HVAC optimization for commercial buildings is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Optimum Energy
Frequently Asked Questions about Optimum Energy
When was Optimum Energy founded?
Optimum Energy was founded in 2005 and raised its 1st funding round 2 years after it was founded.
Where is Optimum Energy located?
Optimum Energy is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Who is the current CEO of Optimum Energy?
Larry Stapleton is the current CEO of Optimum Energy.
Is Optimum Energy a funded company?
Optimum Energy is a funded company, having raised a total of $40.93M across 12 funding rounds to date. The company's 1st funding round was a Series B of $385.42K, raised on Nov 26, 2007.
How many employees does Optimum Energy have?
As of Dec 31, 2022, the latest employee count at Optimum Energy is 47.
What does Optimum Energy do?
Optimum Energy is engaged in providing holistic energy optimization solutions through innovative technologies and Energy-as-a-Service (EaaS) models. Services are offered across sectors like higher education, healthcare, manufacturing, and commercial real estate. Solutions such as OptimumLOOP, OptimumAIR, and OptiCx software are designed to reduce energy consumption, lower carbon emissions, and enhance operational efficiency. Comprehensive engineering support and real-time analytics are provided to ensure sustainable practices and cost savings without compromising system reliability or occupant comfort.
Who are the top competitors of Optimum Energy?
Optimum Energy's top competitors include ecobee, Mysa and Smart Joules.
What products or services does Optimum Energy offer?
Optimum Energy offers Energy-as-a-Service (EaaS), OptimumLOOP®, OptimumAIR®, OptimumHEAT®, and OptiCx® Software.
Who are Optimum Energy's investors?
Optimum Energy has 6 investors. Key investors include Johnson Controls, Columbia Pacific Advisors, Edison Energy, Navitas Capital, and Columbia Pacific Management.