# David Energy: Electrical/electronic manufacturing, New York, United States

> David Energy: David Energy is a technology-driven retail energy provider based in New York City, founded in 2019. Based in New York, United States.

Source: https://millionrounds.com/startup/david-energy (Millionrounds; every figure on the page links to its filing or article)

United States · [Electrical/electronic manufacturing startup](https://millionrounds.com/companies)

# David Energy

David Energy is a technology-driven retail energy provider based in New York City, founded in 2019.

Funding reported Last round: Series A

Electrical/electronic manufacturing New York, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 62 51 to 200 people
- **Funding reported:** $77M in dollars
- **Last round:** Series A May 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for David Energy has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About David Energy

David Energy is a technology-driven retail energy provider based in New York City, founded in 2019.

The company aims to run the electricity grid on clean energy year-round. It combines electricity supply with proprietary software and machine learning to optimize energy costs and support decarbonization for its customers. The company offers a range of services, including an energy management platform that analyzes and controls customer demand in real-time, and smart device integration for batteries, solar panels, and electric vehicles. David Energy also specializes in behind-the-meter asset management, virtual power plant services, and bill monitoring to help customers minimize utility costs. It serves both commercial clients, particularly in New York City, and residential customers across several states, including Texas, New Jersey, and Massachusetts.

## What company datasets say David Energy raised

Funding, as reported

Reported in all **$77M** in dollars

Rounds **6**

Last round **Series A**

Last round size **$23M**

Last round date **May 2024**

Investors listed **32**

## Founders and team

From David Energy's own website: 3 on the team.

- **Lee Harrison** Chief Operating Officer
- **Matt Stillman** Chief Financial Officer
- **Raymond Gonzalez** Chief Operating Officer

## On 8 portfolio pages

Investors who name them

- [Jetstream](https://millionrounds.com/fund/jetstream)
- [Masa Impact](https://millionrounds.com/fund/masa-impact)
- [Oceans](https://millionrounds.com/fund/oceans)
- [Toba Capital](https://millionrounds.com/fund/toba-capital)
- [Great Oaks Venture Capital](https://millionrounds.com/fund/great-oaks-venture-capital)
- [TGM ventures](https://millionrounds.com/fund/tgm)
- [Magellan](https://millionrounds.com/fund/magellan)
- [Sur Ventures](https://millionrounds.com/fund/sur-ventures)

Each firm lists David Energy on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

multi-location management energy advisor clean energy & technology electricity supplier smart thermostats manufacturing electric power generation enterprises plugin batteries utilities energy market analysis information technology & services & distribution bill monitoring grid modernization custom energy plans

Built with from their website

Google Tag Manager Amazon CloudFront Google Sheets Gunicorn dbt Google Cloud Linkedin Insight Tag Google Workspace CloudFlare Viewport Meta

+8 more

LinkedIn Ads Hubspot PostgreSQL AWS Analytics Webflow Hosting Google Cloud Hosting AI Google Meet

- **Sector:** Electrical/electronic manufacturing
- **Industry code:** NAICS 22111, 221122, SIC 4911
- **Region:** New York
- **Revenue:** $6.1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/david-energy)

## Electrical/electronic manufacturing in United States

Startups like it

- [**Magic Leap** Plantation · founded 2011 *Raised*](https://millionrounds.com/company/magic-leap)
- [**ModRetro** Carlsbad · founded 2024 *Raised*](https://millionrounds.com/company/modretro)
- [**Mojo Vision** Cupertino · founded 2015 *Raised*](https://millionrounds.com/company/mojo-vision)
- [**Formlabs** Somerville · founded 2011 *Raised*](https://millionrounds.com/company/formlabs)
- [**Level Home** Redwood City · founded 2016 *Raised*](https://millionrounds.com/company/level-home)
- [**DG Matrix** Morrisville · founded 2022 *Raised*](https://millionrounds.com/company/dg-matrix)
- [**Liquid Instruments** San Diego · founded 2014 *Raised*](https://millionrounds.com/company/liquid-instruments)
- [**Monarch Quantum** San Diego · founded 2025 *Raised*](https://millionrounds.com/company/monarch-quantum)

## Is this your company?

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