UtilityAPI

Oakland, United States Founded: 2014 • Age: 12 yrs
Provider of access to energy usage data
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About UtilityAPI

UtilityAPI is a company based in Oakland (United States) founded in 2014.. UtilityAPI has raised $11.05 million across 4 funding rounds from investors including DOE, Aligned Climate Capital and Better Ventures. UtilityAPI operates in a competitive market with competitors including Particle, ecobee, Signify, Landis+Gyr and Span.IO, among others.

  • Headquarter Oakland, United States
  • Sectors
    Technology
    Energy & Utilities Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Utilityapi, Inc
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Energy & Utilities → Renewable & Clean Energy
Business Services → Facility, Security & Field Operations
Energy & Utilities → Energy Storage & Efficiency
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $11.05 M (USD)

    in 4 rounds

  • Latest Funding Round
    $11.05 M (USD), Series A

    May 19, 2022

  • Investors
    DOE

    & 3 more

  • Employee Count
    Employee Count
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People of UtilityAPI
Headcount 10-50
Employee Profiles 12
Board Members and Advisors 2
Employee Profiles
People
Zach Hasl
Senior Technical Support Engineer
People
Nathaniel "Nate" Kinsey
Vice President Of Market Growth
People
Dee Martir
Strategic Sales Director
People
Devin Hampton
CEO

Unlock access to complete

Board Members and Advisors
people
Nneka Kibuule
Board Member
people
Bud Vos
Director

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Funding Insights of UtilityAPI

UtilityAPI has successfully raised a total of $11.05M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $11.05 million completed in May 2022. 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 Rounds 4
  • Last Round Series A — $11.0M
  • First Round
  • Investors Count 4
Date Amount Transaction Name Valuation Lead Investors Investors
May, 2022 Amount Series A - UtilityAPI Valuation Aligned Climate Capital
Jul, 2017 Amount Grant - UtilityAPI Valuation

investors

DOE
Nov, 2015 Amount Grant - UtilityAPI Valuation

investors

DOE
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in UtilityAPI

UtilityAPI has secured backing from 4 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include DOE, Aligned Climate Capital and Better Ventures. 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.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Micro-venture capital firm investing in pre-seed to seed stage startups
Founded Year Domain Location
Provides capital to firms accelerating clean energy through venture investments.
Founded Year Domain Location
Energy sources and policies are managed by the DOE.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by UtilityAPI

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - UtilityAPI

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Utilityapi Comparisons

Employees
+
Add Comparison
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Competitors of UtilityAPI

UtilityAPI 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, ecobee, Signify, Landis+Gyr and Span.IO, 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 connectivity platform from prototype to production is developed.
domain founded_year HQ Location
Provider of smart thermostats for commercial and residential applications
domain founded_year HQ Location
Signify is recognized as a global leader in lighting solutions.
domain founded_year HQ Location
End-to-end energy management solutions are provided for utilities worldwide.
domain founded_year HQ Location
Smart panels for home energy management are provided by Span.IO.
domain founded_year HQ Location
Energy-efficient smart lightbulbs are developed by Nanoleaf.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Utilityapi

Frequently Asked Questions about UtilityAPI

When was UtilityAPI founded?

UtilityAPI was founded in 2014.

Where is UtilityAPI located?

UtilityAPI is headquartered in Oakland, United States. It is registered at Oakland, California, United States.

Is UtilityAPI a funded company?

UtilityAPI is a funded company, having raised a total of $11.05M across 4 funding rounds to date. The company's 1st funding round was a Grant of $762K, raised on Dec 09, 2014.

What does UtilityAPI do?

UtilityAPI was founded in 2014 in Oakland, United States, and operates in the energy data sector. Electricity usage data is accessed and authorized via automated software processes. Collected information is converted into PDF and Excel formats, with graphs generated to examine consumption patterns. Services support utilities and related industries in data management across the region.

Who are the top competitors of UtilityAPI?

UtilityAPI's top competitors include ecobee, Particle and Landis+Gyr.

Who are UtilityAPI's investors?

UtilityAPI has 4 investors. Key investors include DOE, Aligned Climate Capital, Better Ventures, and Daniel Roesler.

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