About VCharge Energy
VCharge Energy is a Business Services company based in Providence (United States) founded in 2009, and was acquired by OVO Energy in February 2017. Online demand response and heat storage solutions are provided. It operates in the Business Services and Energy & Utilities sectors. VCharge Energy has raised $5 million across 9 funding rounds from investors including OVO Energy, European Union and Slater Technology Fund. VCharge Energy offers products and services including Slot Guides and Gambling Articles. Its focus areas include Energy Tech, Smart Grid, Utility Management and Demand Response Management. Its legal entity is VCharge Inc. Its competitors include Enel X, Particle and Span.IO; 3 of its 3 listed competitors have raised funding.
Company details
VCharge Energy was founded in 2009 in Providence, United States, within the energy sector. Heat is stored by the company for power production during peak hours, enabling cost savings through reduced activation of generation units. A power management platform is offered to coordinate distributed transactive load assets, alongside a Web-based interface for users, utilities, and maintenance personnel to access information and controls. Operations focus on demand response technologies.
- Headquarters Providence, United States
- Stage Acquired
- SectorsBusiness ServicesEnergy & Utilities
- Website vcharge-energy.com
- Social LinkedIn X Facebook
- Acquired by OVO Energy (Feb 2017)
- Legal Name Vcharge Inc
- Total Equity Funding$5M (USD)
in 9 rounds
- Latest Funding Round$936.47K (USD), Grant
May 2017
- InvestorsOVO Energy
& 5 more
- Acquired byOVO Energy
(Feb 2017)
Products & Services of VCharge Energy
VCharge Energy offers a comprehensive portfolio of products and services, including Slot Guides and Gambling Articles.
Provides strategies and tips for online slot games and free spins.
Offers advice on poker, domino, and sports betting techniques.
Funding Insights of VCharge Energy
VCharge Energy has successfully raised a total of $5M across 9 strategic funding rounds. The most recent funding activity was a Grant round of $936.47 thousand completed in May 2017. 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 $5M
- Total Rounds 9
- Last Round Grant — $936,473
- First Round $150,000
(May 2011)
- Investors Count 5
All 9 funding rounds of VCharge Energy 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 |
|---|---|---|---|---|---|
| May 2017 | $936,473 | Grant | – | – | |
| Aug 2016 | $320,000 | Seed | – | – | – |
| Sep 2015 | $256,536 | Seed | – | – | – |
| Jan 2015 | $320,000 | Seed | – | – | – |
| Jul 2014 | $250,000 | Seed | – | – | – |
| Oct 2013 | $1M | Seed | – | – | – |
| Sep 2012 | $770,000 | Seed | – | – | |
| Oct 2011 | $1.93M | Seed | – | Launchpad Venture Group, EOS Ventures | |
| May 2011 | $150,000 | Seed | – | – |
6 investors in total: 6 institutional.
Investors in VCharge Energy
VCharge Energy has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include OVO Energy, European Union and Slater Technology Fund.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
VC investments are directed toward US and UK companies. | slaterfund.com | Providence, United States | ||
Investments are provided by an angel network to Boston-based companies. | launchpadventuregroup.com | Newton, United States | ||
Early-stage climate tech startups are supported with seed capital. | cevg.com | |||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
Focuses on the development and financing of wind and solar energy projects. | 2008 | eos-ventures.com | Hancock, United States | |
Renewable energy is supplied via app-based platform by OVO Energy. | 2009 | ovoenergy.com | Bristol, United Kingdom |
Investor details for VCharge Energy
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of VCharge Energy
6 people are tracked at VCharge Energy (1 in leadership, 5 in team).
| Name | Role | Group |
|---|---|---|
Toby Ferenczi | Managing Director | Leadership |
Dr. Aswin Padmanabhan Sasidharan | Consultant : Projects & Tenders | Team |
Arjun Ashok | Operations Manager | Team |
Sreenath Narayanan | Health Safety Environment Officer | Team |
Ammar Aljundi | Electrical Engineer | Team |
Anu Piyush | Sales Manager | Team |
Complete people profiles for VCharge Energy
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of VCharge Energy
4 dated milestones of VCharge Energy across 8 years, from founding to its latest funding, stage changes and deals.
- Founded VCharge Energy is founded.
- Funding First funding round of $150K.
- Exit Acquired by OVO Energy.
- Funding Latest funding round, Grant, of $936K.
Competitors of VCharge Energy
VCharge Energy has 3 listed competitors in our database, 3 of them funded. They include Enel X, Particle and Span.IO.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| enelx.com | 2001 | Boston, United States | $168M | 513 | Utility-scale renewable energy projects are developed by Enel X. | |
| particle.io | 2011 | San Francisco, United States | $134.87M | 109 | IoT connectivity platform from prototype to production is developed. | |
| span.io | 2014 | San Francisco, United States | $255.56M | Smart panels for home energy management are provided by Span.IO. |
Detailed competitors of VCharge Energy
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Facility Management Platforms
3 companies that operate in the same segment as VCharge Energy (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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Frequently Asked Questions about VCharge Energy
VCharge Energy was founded in 2009 and raised its 1st funding round 2 years after it was founded.
VCharge Energy is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
VCharge Energy is a funded company, having raised a total of $5M across 9 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on May 2011.
VCharge Energy was founded in 2009 in Providence, United States, within the energy sector. Heat is stored by the company for power production during peak hours, enabling cost savings through reduced activation of generation units. A power management platform is offered to coordinate distributed transactive load assets, alongside a Web-based interface for users, utilities, and maintenance personnel to access information and controls. Operations focus on demand response technologies.
VCharge Energy offers Slot Guides and Gambling Articles.
VCharge Energy has 6 investors. Key investors include OVO Energy, European Union, Slater Technology Fund, EOS Ventures, and Launchpad Venture Group.
VCharge Energy operates through Vcharge Inc.
Yes. VCharge Energy was acquired by OVO Energy in February 2017.