Pearl Street Technologies

Pittsburgh, United States Founded: 2018 • Age: 8 yrs Acquired By Enverus
Grid planning solutions for power systems are provided to utilities.
Annual revenue - Latest available
Total funding $2.8M 6 rounds
Employees 13 Tracked headcount
Investors 4 Known backers
Products 2 Services tracked
Competitors 6 Brand Intelligence

About Pearl Street Technologies

Pearl Street Technologies is a company based in Pittsburgh (United States) founded in 2018 by David Bromberg and Hui Zheng was acquired by Enverus in March 2025. Pearl Street Technologies has raised $2.82 million across 6 funding rounds from investors including Enverus, ARPA-E and America’s Seed Fund. The company has 13 employees as of December 31, 2022. Pearl Street Technologies offers products and services including SUGAR™ and Interconnect®. Pearl Street Technologies operates in a competitive market with competitors including Sympheny, Grid Discovery, Retroflow, GridPath and eGo, among others.

  • Headquarter Pittsburgh, United States
  • Employees 13 as on 31 Dec, 2022
  • Founders David Bromberg, Hui Zheng
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Pearl Street Technologies, Inc.
Operational Areas
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
    $2.82 M (USD)

    in 6 rounds

  • Latest Funding Round
    $2.82 M (USD), Seed

    Mar 24, 2022

  • Investors
    Enverus

    & 3 more

  • Employee Count
    13

    as on Dec 31, 2022

  • Acquired by
    Enverus

    (Mar 13, 2025)

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Products & Services of Pearl Street Technologies

Pearl Street Technologies offers a comprehensive portfolio of products and services, including SUGAR™ and Interconnect®.

Product name locked
Category locked
Primary

Accelerates grid modeling and studies for transmission providers

Product name locked
Category locked
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Enables scenario analysis for energy project developers

People of Pearl Street Technologies

Headcount 10-50
Employee Profiles 3
Board Members and Advisors 7
Employee Profiles
People
Hui Zheng
Co-Founder & Chief Product Officer
People
Cara Adams
Director, Communications & Marketing
People
Rachel Cooper
Computational Software Engineer

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Board Members and Advisors
people
Larry Pileggi
Co-Founder & Chairman
people
Tolga Kurtoglu
Advisor
people
M. Granger Morgan
Advisor
people
Emily Kirsch
Advisor

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Funding Insights of Pearl Street Technologies

Pearl Street Technologies has successfully raised a total of $2.82M across 6 strategic funding rounds. The most recent funding activity was a Seed round of $2.82 million completed in March 2022. 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 Pearl Street Technologies

Pearl Street Technologies has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Enverus, ARPA-E and America’s Seed Fund.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
High-risk energy technologies are funded through competitive grants.
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Venture capital fund backed by the US Government
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A government-backed foundation providing seed-stage investments to support small businesses.
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Investor details for Pearl Street Technologies

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Investments & Acquisitions by Pearl Street Technologies

Investments
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Investment portfolio details for Pearl Street Technologies

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Financial Statements - Pearl Street Technologies

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Detailed financials for Pearl Street Technologies

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Pearl Street Technologies Comparisons

Pearl Street Technologies Primary company
Description
Grid planning solutions for power systems are provided to ut...
Location
Pittsburgh, United States
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
13
As of 2022
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Peer comparison for Pearl Street Technologies

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Competitors of Pearl Street Technologies

Pearl Street Technologies 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 Sympheny, Grid Discovery, Retroflow, GridPath and eGo, among others.

Company Name Domain Founded year HQ Location Description
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Software provider for optimal energy supply solution
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Software platform for planning microgrid projects
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Planning and modelling of grid networks
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Open-source platform for grid analytics, capacity expansion, and energy planning.
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Delivers comprehensive grid planning tools for utilities and energy sectors.
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Detailed competitors of Pearl Street Technologies

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Latest news on Pearl Street Technologies

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Complete news archive for Pearl Street Technologies

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Frequently Asked Questions about Pearl Street Technologies

Pearl Street Technologies was founded in 2018.

Pearl Street Technologies is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.

David Bromberg is the current CEO of Pearl Street Technologies. They have also founded this company.

Pearl Street Technologies is a funded company, having raised a total of $2.82M across 6 funding rounds to date.

As of Dec 31, 2022, the latest employee count at Pearl Street Technologies is 13.

Pearl Street Technologies was founded in 2018 in Pittsburgh, United States, by David Bromberg and Hui Zheng, with Bromberg serving as CEO. Grid planning solutions are offered by the company within the energy sector. Operations are centered on developing software and tools for optimizing electrical grids and supporting utility infrastructure. Services address planning needs for power distribution and reliability across North America.

Pearl Street Technologies's top competitors include Sympheny, Retroflow and Grid Discovery.

Pearl Street Technologies offers SUGAR™ and Interconnect®.

Pearl Street Technologies has 4 investors. Key investors include Enverus, ARPA-E, America’s Seed Fund, and National Science Foundation.

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