OhmConnect

company

About

OhmConnect provides a software based powerplant which assists users in reducing their use of electricity.

Details

Last Funding Type
Series B
Industries
Energy,Energy Management,Power Grid,Software
Founded date
Jan 1, 2013
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
OhmConnect, Inc.

OhmConnect is a software based powerplant that assists users in organizing the way they use their electricity usage to lessen digital pollution.

OhmConnect rewards its users by saving energy to allow them to make money and win prizes.

The company was established in 2013 by Matt Deusterberg in Oakland, California.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
6
$83.50M
OhmConnect has raised a total of $83.50M in funding over 2 rounds. Their latest funding was raised on Jun 9, 2022 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jun 9, 2022 Series D $55M 11 ClearSky
Sidewalk Infrastructure Partners
TELUS Ventures
Detail
Dec 7, 2020 Series C $20M 4 Sidewalk Infrastructure Partners Detail
Mar 3, 2020 Series B 2 Detail
Apr 17, 2018 Series B $8.50M 10 Mike Maples Jr Detail
Dec 1, 2015 Series A 1 Detail

Investments

Number of Investments
Number of Lead Investments
2
0
OhmConnect has made 2 investments. Their most recent investment was on Oct 3, 2018, when Rocket Money raised $5M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 3, 2018 Rocket Money
Series A $5M Billing
Jun 30, 2016 PRE Brands
Series Unknown Consumer Goods

Investors

Number of Lead Investors
Number of Investors
5
22
OhmConnect is funded by 22 investors. ClearSky and Sidewalk Infrastructure Partners are the most recent investors.
Investor Name Lead Investor Funding Round
ClearSky Yes Series D
Sidewalk Infrastructure Partners Yes Series D
TELUS Ventures Yes Series D
Mike Maples Jr Yes Series B
Carrier Corporation Series D
Citi Impact Fund Series D
City Light Capital Series D
Elemental Excelerator Series D
Floodgate Series D
Japan Energy Fund Series D

Employee Profiles

Number of Employee Profiles
11
OhmConnect has 11 current employee profiles, including Board observer Josh Cohen
Board observer
Advisor
Executive
Executive
Executive