About SwitchDin
SwitchDin is a company based in Newcastle (Australia) founded in 2014 by Andrew Mears.. SwitchDin has raised $13.46 million across 2 funding rounds from investors including Ellerston Capital and Q-Cells. SwitchDin offers products and services including Energy-Active Total Energy Management and Public Key Infrastructure (PKI). SwitchDin operates in a competitive market with competitors including Autogrid, Franklin Energy, Voltus, GreenCom Networks and Virtual Peaker, among others.
- Headquarter Newcastle, Australia
- Founders Andrew Mears
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Sectors
Energy & Utilities
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Switchdin Pty Limited
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.46 M (USD)
in 2 rounds
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Latest Funding Round
$10 M (USD), Series A
Sep 24, 2025
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Investors
Ellerston Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of SwitchDin
SwitchDin offers a comprehensive portfolio of products and services, including Energy-Active Total Energy Management and Public Key Infrastructure (PKI). 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.
Software for optimizing energy assets and reducing costs in real time.
Platform for secure device management and grid compliance enforcement.
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Funding Insights of SwitchDin
SwitchDin has successfully raised a total of $13.46M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in September 2025. 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 Funding
- Total Rounds 2
- Last Round Series A — $10.0M
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First Round
First Round
(04 Jun 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2025 | Amount | Series A - SwitchDin | Valuation |
investors |
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| Jun, 2020 | Amount | Series A - SwitchDin | Valuation | Q-Cells |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SwitchDin
SwitchDin has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Ellerston Capital and Q-Cells. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Manufactures and sells solar modules for eco-friendly power generation globally.
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Founded Year | Domain | Location | |
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Diversified investment management services are provided by Ellerston Capital.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SwitchDin
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SwitchDin
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Switchdin Comparisons
Competitors of SwitchDin
SwitchDin 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 Autogrid, Franklin Energy, Voltus, GreenCom Networks and Virtual Peaker, 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-enabled distributed energy resource management solutions are provided.
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| domain | founded_year | HQ Location |
Energy efficiency programs are designed for utilities and municipalities.
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| domain | founded_year | HQ Location |
Provider of demand response solutions for industrial and commercial applications
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| domain | founded_year | HQ Location |
Cloud & AI-based mesh networking management solutions provider
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| domain | founded_year | HQ Location |
Solutions for demand response and energy intelligence are provided.
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| domain | founded_year | HQ Location |
Distributed energy resources are managed via a decentralized blockchain platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Switchdin
Frequently Asked Questions about SwitchDin
When was SwitchDin founded?
SwitchDin was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Where is SwitchDin located?
SwitchDin is headquartered in Newcastle, Australia. It is registered at Newcastle, New South Wales, Australia.
Who is the current CEO of SwitchDin?
Andrew Mears is the current CEO of SwitchDin. They have also founded this company.
Is SwitchDin a funded company?
SwitchDin is a funded company, having raised a total of $13.46M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.46M, raised on Jun 04, 2020.
What does SwitchDin do?
SwitchDin was established in 2014 in Newcastle, Australia, within the renewable energy sector. Monitoring, forecasting, and control of energy consumption and generation are facilitated through smart solutions for solar systems with battery backups. Energy optimization and demand management are also supported for these setups. Systems named Stormcloud and DROPLET have been developed to integrate with data communications, ensuring operational efficiency for photovoltaic installations.
Who are the top competitors of SwitchDin?
SwitchDin's top competitors include Autogrid, Voltus and GridBeyond.
What products or services does SwitchDin offer?
SwitchDin offers Energy-Active Total Energy Management and Public Key Infrastructure (PKI).
Who are SwitchDin's investors?
SwitchDin has 2 investors. Key investors include Ellerston Capital, and Q-Cells.