About WattBuy
WattBuy is a company based in Texas City (United States) founded in 2017 was acquired by Schneider Electric in August 2025.. WattBuy has raised $16.75 million across 4 funding rounds from investors including Schneider Electric, Updater and Techstars. The company has 13 employees as of December 31, 2022. WattBuy offers products and services including Sunny AI and Data & Insights Platform. WattBuy operates in a competitive market with competitors including Particle, Signify, Landis+Gyr, Span.IO and PowerSecure, among others.
- Headquarter Texas City, United States
- Employees 13 as on 31 Dec, 2022
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Wattb, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$16.75 M (USD)
in 4 rounds
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Latest Funding Round
$2 M (USD), Series A
Oct 04, 2024
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Investors
Schneider Electric
& 12 more
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Employee Count
13
as on Dec 31, 2022
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Acquired by
Schneider Electric
(Aug 21, 2025)
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Products & Services of WattBuy
WattBuy offers a comprehensive portfolio of products and services, including Sunny AI and Data & Insights Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered tool for personalized solar advice and decision-making
Platform for utility rate data and energy recommendations
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Funding Insights of WattBuy
WattBuy has successfully raised a total of $16.75M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $2 million completed in October 2024. 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 Funding
- Total Rounds 4
- Last Round Series A — $2.0M
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First Round
First Round
(22 Jan 2019)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series A - WattBuy | Valuation |
investors |
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| Oct, 2021 | Amount | Series A - WattBuy | Valuation | MCJ Collective , SE Ventures | |
| Nov, 2020 | Amount | Series A - WattBuy | Valuation | Evergy Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in WattBuy
WattBuy has secured backing from 13 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Schneider Electric, Updater and Techstars. 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.
| Investor | Description | Founded Year | Domain | Location |
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Seed-stage founders are supported by Powerhouse Ventures in innovative software.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Startups are accelerated globally without sector restrictions through structured programs.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by WattBuy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - WattBuy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Wattbuy Comparisons
Competitors of WattBuy
WattBuy 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, Signify, Landis+Gyr, Span.IO and PowerSecure, 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.
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| domain | founded_year | HQ Location |
Automotive lighting equipment is manufactured by Osram in Germany.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Wattbuy
Frequently Asked Questions about WattBuy
When was WattBuy founded?
WattBuy was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is WattBuy located?
WattBuy is headquartered in Texas City, United States. It is registered at Texas City, Texas, United States.
Is WattBuy a funded company?
WattBuy is a funded company, having raised a total of $16.75M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3.25M, raised on Jan 22, 2019.
How many employees does WattBuy have?
As of Dec 31, 2022, the latest employee count at WattBuy is 13.
What does WattBuy do?
Founded in 2017 in Texas City, United States, WattBuy operates within the energy sector. A platform is utilized to display energy suppliers based on pin codes, along with their offered plans. Renewable energy providers, sourced from solar and wind power plants, are included among the options. Analytics platforms are maintained, with mobile application versions available for user access.
Who are the top competitors of WattBuy?
WattBuy's top competitors include Particle, Landis+Gyr and Signify.
What products or services does WattBuy offer?
WattBuy offers Sunny AI and Data & Insights Platform.
Who are WattBuy's investors?
WattBuy has 13 investors. Key investors include Schneider Electric, Updater, Techstars, Powerhouse Ventures, and Evergy Ventures.
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