Trove Data

Buffalo, United States Founded: 2010 • Age: 16 yrs Acquired By E Source
Predictive data science and analytics are delivered via SaaS platform.
Annual revenue $13.4M Latest available
Total funding $12.7M 4 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Trove Data

Trove Data is a company based in Buffalo (United States) founded in 2010 was acquired by E Source in February 2020. Trove Data has raised $12.7 million across 4 funding rounds from investors including Avista Utilities, Itron and E Source. Trove Data operates in a competitive market with competitors including MRI Software, AppFolio, Johnson Controls, Landis+Gyr and Span.IO, among others.

  • Headquarter Buffalo, United States
  • Sectors
    Business Services
    Energy & Utilities Real Estate & Construction
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Business Services → Facility, Security & Field Operations Unlock Sub-Sector Unlock Segment
Energy & Utilities → Energy Storage & Efficiency Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Energy & Utilities → Power Generation & Infrastructure Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $13.35 M (USD)
    67.02
    as on Mar 31, 2023
  • Net Profit
    $1.62 M (USD)
    27.55
    as on Mar 31, 2023
  • EBITDA
    $2.28 M (USD)
    25.37
    as on Mar 31, 2023
  • Total Equity Funding
    $12.7 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2 M (USD), Series A

    Jan 12, 2016

  • Investors
  • Employee Count
    Not available
  • Acquired by
    E Source

    (Feb 11, 2020)

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People of Trove Data

Headcount 10-50
Employee Profiles 64
Employee Profiles
People
Ian Schmidt
Director
People
Derek Justinger
Director Of Engineering
People
Susanne Riis
Engagement Director
People
Kris Williams
Director

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Funding Insights of Trove Data

Trove Data has successfully raised a total of $12.7M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in January 2016. 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 Trove Data

Trove Data has secured backing from 5 investors, including institutional investors. Prominent investors backing the company include Avista Utilities, Itron and E Source.

All
Institutional
Investor Description Founded Year Domain Location
Offers systems planning, target development, and consulting services to corporations & governments
Locked Locked Locked
Avista Utilities is engaged in providing energy services.
Locked Locked Locked
Cloud-based end-to-end solutions for smart grids are provided.
Locked Locked Locked
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Investor details for Trove Data

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Trove Data

Investments
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Investment portfolio details for Trove Data

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  • Transaction dates
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Financial Statements - Trove Data

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Detailed financials for Trove Data

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  • Profit trends
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Trove Data Comparisons

Trove Data Primary company
Description
Predictive data science and analytics are delivered via SaaS...
Location
Buffalo, United States
Founded Year
2010
Annual Revenue
$13.35 M (USD)
Net Profit
$1.62 M (USD)
EBITDA
$2.28 M (USD)
Employees
Not available
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Peer comparison for Trove Data

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  • Named peers
  • Headcount comparison
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Competitors of Trove Data

Trove Data 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 MRI Software, AppFolio, Johnson Controls, Landis+Gyr and Span.IO, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Property management software is provided for residential and commercial properties.
Locked Locked Locked
SaaS-driven property management software for owners and residential property managers
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Automotive batteries and HVAC equipment are manufactured and supplied globally.
Locked Locked Locked
End-to-end energy management solutions are provided for utilities worldwide.
Locked Locked Locked
Smart panels for home energy management are provided by Span.IO.
Locked Locked Locked
Provider of solutions for energy monitoring for residential building
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Detailed competitors of Trove Data

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  • Domains and locations
  • Full company profiles
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Latest news on Trove Data

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Complete news archive for Trove Data

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Trove Data

Trove Data was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Trove Data is headquartered in Buffalo, United States. It is registered at Buffalo, New York, United States.

Trove Data is a funded company, having raised a total of $12.7M across 4 funding rounds to date.

Annual revenue of Trove Data is $13.35M as on Mar 31, 2023.

Trove was established in 2010 in Buffalo, United States, within the data analytics sector. Solutions in predictive data science and data fusion are provided through a cloud-based PaaS. Core operations encompass customer engagement analytics, load forecasting, demand prediction, program optimization, fraud detection, and customer segmentation. These services are extended to partners via the SaaS-driven platform.

Trove Data's top competitors include Landis+Gyr, AppFolio and Span.IO.

Trove Data has 5 investors. Key investors include Avista Utilities, Itron, E Source, CUBRC, and ENGIE Impact.

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