Shifted Energy

Honolulu, United States Founded: 2014 • Age: 12 yrs Acquired By Resource Innovations
Load balancing for water heaters is enabled using renewable energy.
Annual revenue - Latest available
Total funding $5.0M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About Shifted Energy

Shifted Energy is a company based in Honolulu (United States) founded in 2014 was acquired by Resource Innovations in October 2025. Shifted Energy has raised $4.95 million across 2 funding rounds from investors including Resource Innovations, EPIC Ventures and Kapor Capital. Shifted Energy offers products and services including Grid Maestro, Water Heater Control, and Battery Dispatch. Shifted Energy operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, among others.

  • Headquarter Honolulu, United States
  • Sectors
    Business Services
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Shifted Energy, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
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
    $4.95 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.3 M (USD), Seed

    Mar 06, 2023

  • Investors
  • Employee Count
    Not available
  • Acquired by
    Resource Innovations

    (Oct 09, 2025)

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Products & Services of Shifted Energy

Shifted Energy offers a comprehensive portfolio of products and services, including Grid Maestro, Water Heater Control, and Battery Dispatch.

Product name locked
Category locked
Primary

Software for optimizing energy assets and dispatching resources.

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Service for monitoring and controlling water heaters for efficiency.

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System for managing batteries in demand response programs.

People of Shifted Energy

Headcount 10-50
Employee Profiles 10
Board Members and Advisors 7
Employee Profiles
People
Forest Frizzell
Co-Founder & CEO
People
Evan Castro
Director, Project Delivery
People
Olin Lagon
Co-Founder & CTO
People
Matt Rogers
Mechanical & Software Engineer

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Board Members and Advisors
people
Andy Karetsky
Board Member
people
Donavan Kealoha
Board Member
people
Elta Kolo
Advisor
people
Joe Van Den Berg
Advisor

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Funding Insights of Shifted Energy

Shifted Energy has successfully raised a total of $4.95M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $4.3 million completed in March 2023. 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 Shifted Energy

Shifted Energy has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Resource Innovations, EPIC Ventures and Kapor Capital.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology companies are funded by this venture capital firm.
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Seed stage venture capital firm investing in US
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Buoyant Ventures is focused on investing in digital climate solutions.
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Investor details for Shifted Energy

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Investments & Acquisitions by Shifted Energy

Investments
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Investment portfolio details for Shifted Energy

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  • Transaction dates
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Financial Statements - Shifted Energy

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Detailed financials for Shifted Energy

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Shifted Energy Comparisons

Shifted Energy Primary company
Description
Load balancing for water heaters is enabled using renewable ...
Location
Honolulu, United States
Founded Year
2014
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Shifted Energy

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Competitors of Shifted Energy

Shifted 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 Particle, ecobee, Signify, Landis+Gyr and Nanoleaf, among others.

Company Name Domain Founded year HQ Location Description
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy-efficient smart lightbulbs are developed by Nanoleaf.
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of Shifted Energy

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Latest news on Shifted Energy

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Complete news archive for Shifted Energy

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Frequently Asked Questions about Shifted Energy

Shifted Energy was founded in 2014 and raised its 1st funding round 5 years after it was founded.

Shifted Energy is headquartered in Honolulu, United States. It is registered at Honolulu, Hawaii, United States.

Shifted Energy is a funded company, having raised a total of $4.95M across 2 funding rounds to date.

Shifted Energy was founded in 2014 in Honolulu, United States, within the renewable energy sector. A platform is offered to collaborate with utilities and microgrid operators, where suitable water tanks are identified for replacement with high-efficiency electric water heaters. Operations focus on load balancing to facilitate energy savings, supporting integration of renewable sources into residential and grid systems.

Shifted Energy's top competitors include ecobee, Particle and Landis+Gyr.

Shifted Energy offers Grid Maestro, Water Heater Control, and Battery Dispatch.

Shifted Energy has 6 investors. Key investors include Resource Innovations, EPIC Ventures, Kapor Capital, Buoyant Ventures, and Startup Capital Ventures x SBI Fund.

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