About Racepoint Energy
Racepoint Energy is a Business Services company based in Barnstable (United States) founded in 2015, and was acquired by Savant Systems in July 2021. Provider of load management and micro grid solutions. It operates in the Business Services, Energy & Utilities, and Technology sectors. Racepoint Energy has completed 1 acquisition, including Noon Home. Racepoint Energy offers products and services including Savant Power Modules, Savant Hybrid Inverter, Savant Storage, and Savant Level 2 EV Charger. Its focus areas include Energy Tech, Smart Grid, Utility Management and Diversified. Its legal entity is Savant Systems, Inc. Its competitors include Particle, Span.IO and Resideo; 2 of its 3 listed competitors have raised funding.
Company details
Racepoint Energy provides load management and microgrid solutions. It installs Racepoint companion Modules to monitor and control every circuit. It provides microgrid service by combining on-site energy generation, battery storage, and load management so the customers have control over their energy assets.
- Headquarters Barnstable, United States
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Technology
- Email••••••••
- Phone•••• ••••
- Website racepointenergy.com
- Social LinkedIn X Facebook
- Acquired by Savant Systems (Jul 2021)
- Legal Name Savant Systems, Inc
- Investors
- Investments & Acquisitions
- Acquired bySavant Systems
(Jul 2021)
Products & Services of Racepoint Energy
Racepoint Energy offers a comprehensive portfolio of products and services, including Savant Power Modules, Savant Hybrid Inverter, Savant Storage, and Savant Level 2 EV Charger.
Provides precise energy monitoring and outage detection for homes.
Manages solar and battery integration for efficient energy flow.
Offers reliable backup power for whole-home energy needs.
Enables rapid at-home electric vehicle charging with app control.
Investors in Racepoint Energy
Racepoint Energy has secured backing from 1 investor. Prominent investors backing the company include Savant Systems.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Connected devices are managed via an app and hub system. | 2005 | savant.com | Barnstable, United States |
Investor details for Racepoint Energy
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People of Racepoint Energy
1 people are tracked at Racepoint Energy (1 in leadership).
| Name | Role | Group |
|---|---|---|
Robert Madonna | Owner | Leadership |
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Investments & Acquisitions by Racepoint Energy
Racepoint Energy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Noon Home.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Smart switches for home lighting are provided by NOON. | noonhome.com | Campbell, United States | 2014 | Jan 2020 | •••• |
Complete acquisition details for Racepoint Energy
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Timeline of Racepoint Energy
3 dated milestones of Racepoint Energy across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Racepoint Energy is founded.
- Acquisition Acquires Noon Home.
- Exit Acquired by Savant Systems.
Competitors of Racepoint Energy
Racepoint Energy has 3 listed competitors in our database, 2 of them funded. They include Particle, Span.IO and Resideo.
| 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. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. | ||
| resideo.com | 2018 | Wilmington, United States | 293 | Smart home products for security and energy efficiency are provided. |
Detailed competitors of Racepoint Energy
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Top companies in Facility Management Platforms
3 companies that operate in the same segment as Racepoint Energy (Facility Management Platforms) in United States, 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 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Racepoint Energy
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Frequently Asked Questions about Racepoint Energy
Racepoint Energy was founded in 2015.
Racepoint Energy is headquartered in Barnstable, United States. It is registered at Barnstable, Massachusetts, United States.
Racepoint Energy provides load management and microgrid solutions. It installs Racepoint companion Modules to monitor and control every circuit. It provides microgrid service by combining on-site energy generation, battery storage, and load management so the customers have control over their energy assets.
Racepoint Energy offers Savant Power Modules, Savant Hybrid Inverter, Savant Storage, and Savant Level 2 EV Charger.
Racepoint Energy has made 1 acquisition, including Noon Home.
Racepoint Energy has 1 investor. Key investors include Savant Systems.
Racepoint Energy operates through Savant Systems, Inc.
Yes. Racepoint Energy was acquired by Savant Systems in July 2021.