Shifted Energy

Honolulu, United States Founded: 2014 • Age: 12 yrs Acquired By Resource Innovations
Load balancing for water heaters is enabled using renewable energy.
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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
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Shifted Energy, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.95 M (USD)

    in 2 rounds

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

    Mar 06, 2023

  • Investors
  • Employee Count
    Employee Count
  • 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. 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.

Primary

Software for optimizing energy assets and dispatching resources.

Service for monitoring and controlling water heaters for efficiency.

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.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $4.3M
  • First Round

    (05 Mar 2019)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2023 Amount Seed - Shifted Energy Valuation EPIC Ventures , Kapor Capital
Mar, 2019 Amount Seed - Shifted Energy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Early-stage technology companies are funded by this venture capital firm.
Founded Year Domain Location
Seed stage venture capital firm investing in US
Founded Year Domain Location
Buoyant Ventures is focused on investing in digital climate solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Shifted Energy

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Shifted Energy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Shifted Energy Comparisons

Employees
+
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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. 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
domain founded_year HQ Location
IoT connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Energy-efficient smart lightbulbs are developed by Nanoleaf.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Shifted Energy

Frequently Asked Questions about Shifted Energy

When was Shifted Energy founded?

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

Where is Shifted Energy located?

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

Is Shifted Energy a funded company?

Shifted Energy is a funded company, having raised a total of $4.95M across 2 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Mar 05, 2019.

What does Shifted Energy do?

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.

Who are the top competitors of Shifted Energy?

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

What products or services does Shifted Energy offer?

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

Who are Shifted Energy's investors?

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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