About Switched Source
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Switched Source is a company based in Vestal (United States) founded in 2016 by Lane Nelson. Switched Source has raised $10 million across 4 funding rounds from investors including The University of Chicago and New York State Energy Research and Development Authority. Switched Source offers products and services including Tie Controller and Phase-EQ. Switched Source operates in a competitive market with competitors including Smart Wires and Faraday Grid, among others.
- Headquarter Vestal, United States
- Founders Lane Nelson
- SectorsEnergy & Utilities
- EmailLocked
- PhoneLocked
- WebsiteLocked
- SocialLocked
- Legal Name Switched Source Llc
- Annual RevenueNot available
- Net ProfitNot available
- EBITDANot available
- Total Equity Funding$10 M (USD)
in 4 rounds
- Latest Funding Round$10 M (USD), Seed
May 04, 2026
- InvestorsThe University of Chicago
& 1 more
- Employee CountNot available
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Products & Services of Switched Source
Switched Source offers a comprehensive portfolio of products and services, including Tie Controller and Phase-EQ.
Intelligently manages power flow between distribution circuits for efficiency.
Automatically balances power flow across phases to reduce imbalances.
People of Switched Source
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Funding Insights of Switched Source
Switched Source has successfully raised a total of $10M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $10 million completed in May 2026. 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 Switched Source
Switched Source has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include The University of Chicago and New York State Energy Research and Development Authority.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Energy research and development are advanced by this state agency. | Locked | Locked | Locked | |
Academic programs and research are provided across diverse fields. | Locked | Locked | Locked |
Investor details for Switched Source
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Investments & Acquisitions by Switched Source
Investment portfolio details for Switched Source
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Financial Statements - Switched Source
Detailed financials for Switched Source
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Switched Source Comparisons
Peer comparison for Switched Source
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Competitors of Switched Source
Switched Source 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 Smart Wires and Faraday Grid, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked | Smart wires to push power from overloaded line to under utilized lines | |
| Locked | Locked | Locked | Offering autonomous and responsive transformer like solution |
Detailed competitors of Switched Source
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Latest news on Switched Source
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Frequently Asked Questions about Switched Source
Switched Source was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Switched Source is headquartered in Vestal, United States. It is registered at Vestal, New York, United States.
Switched Source is a funded company, having raised a total of $10M across 4 funding rounds to date.
Switched Source was founded in 2016 and is based in Vestal, United States. Operations center on the energy sector, where a hardware-based system for distributed energy resources is developed. The Tie Controller functions as a controllable valve to enable bidirectional transmission of real and reactive power. Mobile applications are offered to manage load shifts between neighboring circuit feeders or to installed Gensets during overloads and peak periods.
Switched Source's top competitors include Smart Wires and Faraday Grid.
Switched Source offers Tie Controller and Phase-EQ.
Switched Source has 2 investors. Key investors include The University of Chicago, and New York State Energy Research and Development Authority.