About PowerTakeOff
PowerTakeOff is a Technology company based in Boulder (United States) founded in 2007, and was acquired by Nuveen in October 2023. Energy management software is provided for utilities monitoring and analysis. It operates in the Technology, Business Services, and Energy & Utilities sectors. PowerTakeOff has raised $65 thousand across 1 funding round from investors including Nuveen and Lime Rock New Energy. PowerTakeOff offers products and services including Virtual Commissioning, Utility Intelligence Platform, and Virtual SEM. Its focus areas include Enterprise Applications, Vertical Business Intelligence, Industry Specific and Heavy Industries. Its legal entity is Power TakeOff Inc. Its competitors include Particle, PowerSecure and Span.IO; 2 of its 3 listed competitors have raised funding.
Company details
PowerTakeOff was founded in 2007 in Boulder, United States, operating in the utilities sector. Cloud-based software for energy management and intelligence is delivered to enterprises, enabling benchmarking, prioritization, and monitoring of locations via a dashboard. Operations focus on cost control, process efficiency gains, and real-time energy usage data collection. Clients encompass organizations such as Coca-Cola, Nestle, Oracle, and Chevron.
- Headquarters Boulder, United States
- Stage Acquired
- SectorsTechnologyBusiness Services Energy & Utilities Industrial Goods & Manufacturing
- Phone•••• ••••
- Website powertakeoff.com
- Social LinkedIn X Facebook
- Acquired by Nuveen (Oct 2023)
- Legal Name Power Takeoff Inc
Products & Services of PowerTakeOff
PowerTakeOff offers a comprehensive portfolio of products and services, including Virtual Commissioning, Utility Intelligence Platform, and Virtual SEM.
Program for utilities to enhance SMB energy efficiency via analytics
Platform for customized energy insights and customer engagement
Service for real-time energy monitoring and benchmarking
Funding Insights of PowerTakeOff
PowerTakeOff has successfully raised a total of $65K through 1 strategic funding round. The most recent funding activity was a Seed round of $65 thousand completed in November 2014. 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 $65,000
- Total Rounds 1
- Last Round Seed — $65,000
- First Round $65,000
(Nov 2014)
All 1 funding rounds of PowerTakeOff 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 |
|---|---|---|---|---|---|
| Nov 2014 | $65,000 | Seed | – | – | – |
2 investors in total: 2 institutional.
Investors in PowerTakeOff
PowerTakeOff has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Nuveen and Lime Rock New Energy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| lrnewenergy.com | ||||
Private equity firm focused on multiple sectors and fund of funds focused on debt investments | 1898 | nuveen.com | New York, United States |
Investor details for PowerTakeOff
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 PowerTakeOff
15 people are tracked at PowerTakeOff (8 in leadership, 7 in team).
| Name | Role | Group |
|---|---|---|
Clark Korbisch | Vice President, Business Development | Leadership |
Sam Lepore | Director Of Product | Leadership |
Peter Widmer | President | Leadership |
Kevin Martin | Chief Executive Officer | Leadership |
Mason Henderson | Director Of Product Commercialization | Leadership |
Erin Kempster | Director Of Regulatory Policy | Leadership |
Todd Zeranski | Head Of Marketing | Leadership |
Trent Hardman | Director Of Programs And Operations | Leadership |
Kathryn Whitenton | Senior UX Designer | Team |
Tiffany Welch | New Pilot Design - Energy Efficiency Programs | Team |
Arvin Kumar | Energy Advisor | Team |
Nimit Patel | Software Developer | Team |
Anjelica Papageorgiou | Team Lead | Team |
Helen Zhang | Energy Advisor | Team |
Ishan Ruchal | Email Marketing Specialist | Team |
Complete people profiles for PowerTakeOff
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 PowerTakeOff
3 dated milestones of PowerTakeOff across 16 years, from founding to its latest funding, stage changes and deals.
- Founded PowerTakeOff is founded.
- Funding First funding round of $65K.
- Exit Acquired by Nuveen.
Competitors of PowerTakeOff
PowerTakeOff has 3 listed competitors in our database, 2 of them funded. They include Particle, PowerSecure and Span.IO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| powersecure.com | 1991 | Wake Forest, United States | 1,030 | Energy efficiency and smart grid management solutions | ||
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. |
Detailed competitors of PowerTakeOff
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 PowerTakeOff
The website of PowerTakeOff (powertakeoff.com) receives about 9.4K visits a month.
- Monthly visits9.4K
▲ 92.5% vs previous month
Top companies in Industrial IoT & Smart Manufacturing
3 companies that operate in the same segment as PowerTakeOff (Industrial IoT & Smart Manufacturing) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 5,792 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Powertakeoff
Complete news archive for PowerTakeOff
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.
Frequently Asked Questions about PowerTakeOff
PowerTakeOff was founded in 2007 and raised its 1st funding round 7 years after it was founded.
PowerTakeOff is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
PowerTakeOff is a funded company, having raised a total of $65K across 1 funding round to date. The company's 1st funding round was a Seed of $65K, raised on Nov 2014.
PowerTakeOff was founded in 2007 in Boulder, United States, operating in the utilities sector. Cloud-based software for energy management and intelligence is delivered to enterprises, enabling benchmarking, prioritization, and monitoring of locations via a dashboard. Operations focus on cost control, process efficiency gains, and real-time energy usage data collection. Clients encompass organizations such as Coca-Cola, Nestle, Oracle, and Chevron.
PowerTakeOff's top competitors include Particle, Span.IO and PowerSecure.
PowerTakeOff offers Virtual Commissioning, Utility Intelligence Platform, and Virtual SEM.
PowerTakeOff has 2 investors. Key investors include Nuveen, and Lime Rock New Energy.
PowerTakeOff operates through Power Takeoff Inc.
Yes. PowerTakeOff was acquired by Nuveen in October 2023.