Swell Energy is a home energy company that provides smart grid and energy management solutions for homeowners and businesses.
Swell Energy is a home energy company that provides smart grid and energy management solutions for homeowners and businesses. The distributed energy and grid solutions provider is accelerating the mass adoption of residential and commercial clean energy technologies by making it easy for consumers to take control of their home energy use, achieve energy security and generate GridRevenue.The company provides homeowners and businesses with financing and educational resources,partnering with trusted local solar + storage companies and top technology providers for seamless, high-quality installations of the best available products. By creating a critical mass of dynamic and responsive clean energy resources within utility service areas across the United States, Swell Energy is also delivering virtual power plant networks and grid-balancing services to utilities, which are fundamental to our future distributedenergy system.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Nov 22, 2022 | Series B | $120M | 4 | Greenbacker Group SoftBank Vision Fund | — | Detail |
Mar 7, 2021 | Debt Financing | — | 1 | — | — | Detail |
Dec 11, 2020 | Series Unknown | $450M | — | — | — | Detail |
Nov 27, 2019 | Series A | $12M | 2 | — | — | Detail |
Nov 1, 2017 | Convertable Note | — | 2 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Greenbacker Group | Yes | Series B |
SoftBank Vision Fund | Yes | Series B |
Ares Management | — | Series B |
Ontario Power Generation | — | Series B |
For Good Ventures | — | Debt Financing |
Aligned Climate Capital | — | Series A |
Third Sphere | — | Convertable Note |
Zak Tanjeloff | — | Convertable Note |