What is UtilityAPI?
UtilityAPI is a mission-driven software company founded in 2014 in Oakland, California, dedicated to facilitating the secure and streamlined exchange of energy usage data. The company is building a critical data network designed to support a cleaner and more resilient energy sector. Top clean energy and energy management firms rely on UtilityAPI daily for essential data acquisition. For utilities and their vendors, UtilityAPI provides robust tools for managing energy data exchanges, enabling valuable behind-the-meter insights and driving efficiency in the clean energy ecosystem.
How much funding has UtilityAPI raised?
UtilityAPI has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2022): $10M with participation from Aligned Climate Capital
Key Investors in UtilityAPI
Aligned Climate Capital
Aligned Climate Capital is an investment firm focused on funding innovative companies and projects that are driving the clean energy transition. They aim to accelerate the shift towards sustainable energy solutions through powerful capital investments. Their target clients include businesses and projects in the clean energy sector. The firm operates offices in New York and Los Angeles.
What's next for UtilityAPI?
The recent major strategic investment signals a new phase of growth for UtilityAPI, likely focused on scaling its operations, expanding its market reach, and further developing its data infrastructure. This capital infusion is expected to accelerate the company's mission to become the central data hub for the clean energy transition, enabling greater adoption of renewable energy sources and enhancing grid stability. UtilityAPI is well-positioned to capitalize on the increasing demand for energy data analytics and management solutions.
See full UtilityAPI company page