SHYFT Power Solutions

San Francisco, United States Founded: 2016 • Age: 10 yrs
Provider of IoT-based energy monitoring solutions for commercial spaces
Annual revenue - Latest available
Total funding $3.1M 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 2 Services tracked
Competitors 10 Brand Intelligence

About SHYFT Power Solutions

SHYFT Power Solutions is a company based in San Francisco (United States) founded in 2016 by Ugwem I. Eneyo and Cole Stites-Clayton. SHYFT Power Solutions has raised $3.1 million across 4 funding rounds from investors including WeWork, Cisco and Ameren. SHYFT Power Solutions offers products and services including SHYFT Connect App and SHYFT FlexView App. SHYFT Power Solutions operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Tibber and PowerSecure, among others.

  • Headquarter San Francisco, United States
  • Founders Ugwem I. Eneyo, Cole Stites-Clayton
  • Sectors
    Technology
    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 Shyft Power Solutions, Inc.
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity 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
    $3.1 M (USD)

    in 4 rounds

  • Latest Funding Round
    $3.1 M (USD), Seed

    Apr 12, 2021

  • Investors
    WeWork

    & 6 more

  • Employee Count
    Not available
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Products & Services of SHYFT Power Solutions

SHYFT Power Solutions offers a comprehensive portfolio of products and services, including SHYFT Connect App and SHYFT FlexView App.

Product name locked
Category locked
Primary

App for monitoring and controlling distributed energy resources.

Product name locked
Category locked
Locked

App for viewing and optimizing energy system performance.

People of SHYFT Power Solutions

Headcount 10-50
Employee Profiles 8
Board Members and Advisors 4
Employee Profiles
People
Alan Becker
VP, Tech Ops & Supply Chain
People
Ugwem I. Eneyo
Co-Founder & CEO
People
emmanuel soligbo
Software Developer
People
Emmanuel Patrick
Senior System Engineer

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Board Members and Advisors
people
Paul Breslow
Advisor
people
Bert Bruggeman
Advisor
people
Alex Au
Advisor
people
Dan Kammen
Advisor

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Funding Insights of SHYFT Power Solutions

SHYFT Power Solutions has successfully raised a total of $3.1M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $3.1 million completed in April 2021. 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 SHYFT Power Solutions

SHYFT Power Solutions has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include WeWork, Cisco and Ameren.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital and infrastructure fund focused on technology and energy sectors
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Third Sphere is focused on supporting startup founders with early stage capital to reshape global systems.
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Tech and offline investments are made in Israel and Canada.
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Investor details for SHYFT Power Solutions

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Investments & Acquisitions by SHYFT Power Solutions

Investments
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Investment portfolio details for SHYFT Power Solutions

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Financial Statements - SHYFT Power Solutions

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Detailed financials for SHYFT Power Solutions

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Shyft Power Solutions Comparisons

SHYFT Power Solutions Primary company
Description
Provider of IoT-based energy monitoring solutions for commer...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for SHYFT Power Solutions

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Competitors of SHYFT Power Solutions

SHYFT Power Solutions 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, Signify, Landis+Gyr, Tibber and PowerSecure, 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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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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Provider of solutions for energy monitoring for residential building
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of SHYFT Power Solutions

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Latest news on Shyft Power Solutions

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Complete news archive for SHYFT Power Solutions

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Frequently Asked Questions about SHYFT Power Solutions

SHYFT Power Solutions was founded in 2016 and raised its 1st funding round 1 year after it was founded.

SHYFT Power Solutions is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

SHYFT Power Solutions is a funded company, having raised a total of $3.1M across 4 funding rounds to date.

Provider of IoT-based energy monitoring solutions for commercial spaces. It provides technology solutions for solar energy, power generator, inverters, and utility power. It also provides analytics tools for budget tracking and utility failure prevention.

SHYFT Power Solutions's top competitors include Particle, Landis+Gyr and Signify.

SHYFT Power Solutions offers SHYFT Connect App and SHYFT FlexView App.

SHYFT Power Solutions has 7 investors. Key investors include WeWork, Cisco, Ameren, Total Carbon Neutrality Ventures, and LoftyInc Capital Management.

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