OhmConnect (Series D)
Funding Details
Awarder
Inbox
Date Award
June 9, 2022
Vertical
Energy Management
Funding Amount
$55,000,000
Company Info
Traction
More than $17 million in rewards paid to its customers.
Organizations Involved
Pacific Gas & Electric, Southern California Edison, San Diego Gas & Electric, Con Edison
Founders
Cisco DeVries
Market
Residential Electricity Consumers
Location
Oakland, California, USA
Coinvestors
Carrier, Citi Impact Fund, City Light Capital, Clearsky, Elemental Excelerator, Floodgate, Japan Energy Fund, Radicle Impact, Sidewalk Infrastructure Partners, SIP Global Partners, SunPower, TELUS Ventures
Company Description

OhmConnect, winner of the 2021 Fast Company World Changing Ideas Award, helps hundreds of thousands of customers manage their at-home electricity and rewards them for smarter energy use. The company pays its customers for saving electricity when the grid is stressed and likely to utilize dirty power, unlocking clean, affordable, and reliable energy.

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