EnergySavvy raises $14M in Series D

What does EnergySavvy do?

EnergySavvy, is a cloud software company which helps utilities in transforming their customer experience. The company provides utilities with cloud solutions for driving engagement, customer intelligence and action. This company is a leader in enterprise cloud software for the utility industry. Their Optix platform drives engagement, customer intelligence and action through modern customer centric software services and products. More than 25 utilities used this platform for deepening customer relationships and increasing transparency, control and agility within their consumer operations. This company is led by alumni from Amazon, Microsoft, EnerNOC, PG&E. The company brings together expertise in user experience, software and analytics for delivering cloud solutions which clients love.

How much EnergySavvy was funded?

The company raised $14M in Series D on October 20, 2016 from Prelude Ventures, LLC,  Inherent Group, EnerTech Capital and GXP Investments.

Previous funding

$580k on July 1, 2009

$1.1M in Series A announced on December 27, 2010 and closed on January 3, 2011 from Geoff Entress,  Karl Siebrecht, Mike Galgon,  Element 8 and Andy Liu

$3.25M in Series B on August 2, 2012 from Element 8 and Pivotal Investments

$3.25M in Series B on August 2, 2012 from Element 8 and Pivotal Investments

$3.6M on August 13, 2015

What is next for EnergySavvy?

EnergySavvy plans to use the latest funding raised for expansion. It has announced its 5^th generation products meeting the expectations of modern energy customers. The company has also expanded solutions for enabling customer experience transformation for utilities via data driven customer insights, operations and engagement powered by the cloud.

More about EnergySavvy

EnergySavvy was founded on November 17, 2008 by Karl Siebrecht,  Leo Shklovskii and Aaron Goldfeder. It has its headquarters in Seattle, Washington. The company helps utilities in transforming their operations and customer experience. It provides personalized customer insights, automated program delivery and breakthrough customer engagement. It is the industry’s only platform built for enhancing the customer experience and increasing operational efficiency.