About Tendril Inc
Tendril Inc is a Business Services company based in Boulder (United States) founded in 2004, and was acquired by Rubicon Technology Partners in July 2019. Energy management software is offered for homeowners and businesses. It operates in the Business Services, Energy & Utilities, and Real Estate & Construction sectors. Tendril Inc has raised $351.72 million across 23 funding rounds from investors including SunPower, Siemens and Morgan Stanley. The company has 86 employees. Tendril Inc has completed 5 acquisitions, including EEME, EnergySavvy and FirstFuel. Its website tendrilinc.com draws about 15 thousand monthly visits. Its focus areas include Energy Tech, Energy Efficiency Tech, Energy Management System and Building Automation Systems. Its legal entity is Tendril Networks, Inc. Its competitors include AppFolio, Johnson Controls and MRI Software; 2 of its 3 listed competitors have raised funding.
Company details
Tendril was founded in 2004 in Boulder, United States, within the energy management software sector. Online solutions are provided to enhance building energy efficiency for homeowners and commercial entities. Integration with utility and government programs is facilitated through the companys systems, enabling guidance on energy usage. Operations focus on software delivery to support residential and business applications across the region.
- Headquarters Boulder, United States
- Employees 86
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities Real Estate & Construction
- Website tendrilinc.com
- Social LinkedIn X
- Acquired by Rubicon Technology Partners (Jul 2019)
- Legal Name Tendril Networks, Inc.
- Total Equity Funding$351.72M (USD)
in 23 rounds
- Latest Funding Round$15M (USD), Series E
Mar 2025
- InvestorsSunPower
& 17 more
- Employee Count86
- Investments & AcquisitionsEEME
& 4 more
- Acquired byRubicon Technology Partners
(Jul 2019)
Funding Insights of Tendril Inc
Tendril Inc has successfully raised a total of $351.72M across 23 strategic funding rounds. The most recent funding activity was a Series E round of $15 million completed in March 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 $351.72M
- Total Rounds 23
- Last Round Series E — $15M
- First Round $500,500
(Nov 2004)
- Investors Count 18
Latest 10 of 23 funding rounds of Tendril Inc with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar 2025 | $15M | Series E | – | – | – |
| Dec 2021 | $101.88M | Series E | – | – | – |
| Dec 2018 | Series E | – | Rubicon Technology Partners | ||
| Mar 2018 | Series E | – | Energy Impact Partners, zomacapital.com | – | |
| May 2017 | $5.08M | Series E | – | – | – |
| Feb 2017 | $5.04M | Series E | – | – | – |
| Feb 2015 | $30.86M | Series E | – | – | – |
| Feb 2015 | $7.2M | Series D | – | ENGIE New Ventures | – |
| Dec 2014 | $20M | Series D | – | SunPower | – |
| Feb 2013 | $15.29M | Series D | – | Next47 |
18 investors in total: 18 institutional.
Investors in Tendril Inc
Tendril Inc has secured backing from 18 investors, including institutional and venture fund investors. Prominent investors backing the company include SunPower, Siemens and Morgan Stanley.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on tech sectors | zomalab.com | Denver, United States | ||
Enterprise software companies are supported through strategic private equity investments. | rubicontp.com | Boulder, United States | ||
Venture capital fund focused on growth-stage startups | energyimpactpartners.com | New York, United States | ||
ENGIE New Ventures is focused on cleantech startup investments. | 2014 | engieventures.com | Paris, France | |
Venture capital firm | vpcp.com | Santa Barbara, United States | ||
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
Venture investments in systems, infrastructure, and applications for enterprise founders. | next47.com | |||
Investments are made in early-growth-stage US companies by Vista Ventures. | vistavc.com | Boulder, United States | ||
Appian Ventures is engaged in venture capital investments. | appianvc.com | Littleton, United States | ||
US focused early to expansion stage VC firm | accessvp.com | Westminster, United States |
Investor details for Tendril Inc
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People of Tendril Inc
65 people are tracked at Tendril Inc (27 in leadership, 38 in team); the tracked headcount is 86.
| Name | Role | Group |
|---|---|---|
Preeti Chan | VP Business Excellence & Strategy | Leadership |
Luis D'Acosta | CEO | Leadership |
Michelle Anastasi | Chief People Officer | Leadership |
Jesse Demmel | Chief Technology Officer | Leadership |
Clive Thomas | Senior VP Of Global Sales | Leadership |
Hannah Bascom | Chief Growth Officer | Leadership |
Scott Mcgaraghan | Chief Sales Officer & GM, Grid Solutions | Leadership |
Mel T. | VP Of People Ops | Leadership |
Erin Cashen | Senior Talent Acquisition Business Partner | Leadership |
Michael Sobota | Vp, Engineering | Leadership |
Paul Sudol | Senior Director Of Engineering | Leadership |
Olivia Gach | Associate Account Director | Leadership |
Lauren Yoder | Director, People Business Partnering & Talent Acqusition | Leadership |
Alex Bonjour | Senior Director Of Software Engineering | Leadership |
Eric Gargiulo | Vice President, Utility Sales | Leadership |
Sally Lambert | Chief Operating Officer | Leadership |
Micaela Christopher | Director Of Data Science And Engineering | Leadership |
Farshid Arman | Vice President, VPP Operations | Leadership |
Chris Lefaivre | Vice-president - Utility Sales | Leadership |
Erik Mazmanian | Commercial Vice President | Leadership |
45 more people are available in the full profile.
Complete people profiles for Tendril Inc
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Investments & Acquisitions by Tendril Inc
Tendril Inc has strategically engaged in corporate development activities, having acquired 5 companies. Notable acquisitions include EEME, EnergySavvy and FirstFuel.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Building-wide energy analytics are delivered using meter data for utilities. | firstfuel.com | Lexington, United States | 2011 | Jun 2019 | •••• | |
Online software for building energy management is provided to homeowners. | energysavvy.com | Boulder, United States | 2008 | May 2019 | •••• | |
Electronics educational kits for children are supplied by EEME. | eeme.co | San Francisco, United States | 2012 | Jan 2019 | •••• | |
Energy management software is provided for home performance audits. | recurve.com | Boulder, United States | 2004 | Feb 2012 | •••• | |
Personal website of Amanda | groundedpower.com | Boston, United States | 2008 | Oct 2010 | •••• |
Complete acquisition details for Tendril Inc
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Timeline of Tendril Inc
10 dated milestones of Tendril Inc across 21 years, from founding to its latest funding, stage changes and deals.
- Founded Tendril Inc is founded.
- Funding First funding round of $500K.
- Acquisition Acquires Grounded Power.
- Acquisition Acquires Recurve.
- Acquisition Acquires EEme.
- Acquisition Acquires EEME.
- Acquisition Acquires EnergySavvy.
- Acquisition Acquires FirstFuel.
- Exit Acquired by Rubicon Technology Partners.
- Funding Latest funding round, Series E, of $15.0M.
Competitors of Tendril Inc
Tendril Inc has 3 listed competitors in our database, 2 of them funded. They include AppFolio, Johnson Controls and MRI Software.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| appfolio.com | 2006 | Santa Barbara, United States | $30M | 1,634 | SaaS-driven property management software for owners and residential property managers | |
| johnsoncontrols.com | 1885 | Milwaukee, United States | 100,000 | Automotive batteries and HVAC equipment are manufactured and supplied globally. | ||
| mrisoftware.com | 1971 | Solon, United States | $125M | 781 | Property management software is provided for residential and commercial properties. |
Detailed competitors of Tendril Inc
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Web traffic of Tendril Inc
The website of Tendril Inc (tendrilinc.com) receives about 15K visits a month.
- Monthly visits15K
▲ 157.7% vs previous month
Websites whose visitors overlap most with Tendril Inc. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
trilliantinc.com | trilliantinc.com | 100% | – | ||
| comverge.com | 100% | View details | |||
| getgreenbox.com | 99% | View details | |||
| energyhub.com | 99% | 33.2K | #637,275 | View details | |
enernoc.com | enernoc.com | 96% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Tendril Inc
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- 8 similar websites
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Top companies in Facility Management Platforms
3 companies that operate in the same segment as Tendril Inc (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Tendril Inc
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Frequently Asked Questions about Tendril Inc
Tendril Inc was founded in 2004.
Tendril Inc is headquartered in Boulder, United States. It is registered at Boulder, Colorado, United States.
Tendril Inc is a funded company, having raised a total of $351.72M across 23 funding rounds to date. The company's 1st funding round was a Series D of $15.29M, raised on Nov 2004.
Tendril Inc has 86 employees.
Tendril was founded in 2004 in Boulder, United States, within the energy management software sector. Online solutions are provided to enhance building energy efficiency for homeowners and commercial entities. Integration with utility and government programs is facilitated through the companys systems, enabling guidance on energy usage. Operations focus on software delivery to support residential and business applications across the region.
Tendril Inc's top competitors include AppFolio, Johnson Controls and MRI Software.
Tendril Inc has made 5 acquisitions, including EEME, EnergySavvy, and FirstFuel.
Tendril Inc has 18 investors. Key investors include SunPower, Siemens, Morgan Stanley, TIAA, and General Electric.
Tendril Inc operates through Tendril Networks, Inc..
Yes. Tendril Inc was acquired by Rubicon Technology Partners in July 2019.