Canada · Renewables & environment startup

Peak Power Inc

Peak Power Inc is a North American cleantech company based in Toronto, Ontario, specializing in energy optimization software and turnkey energy storage solutions.

Funding reportedLast round: Series A

Renewables & environmentToronto, Canada

About Peak Power Inc

Peak Power Inc is a North American cleantech company based in Toronto, Ontario, specializing in energy optimization software and turnkey energy storage solutions.

Founded in 2015, the company has expanded its operations across the United States, with offices in New York, Boston, and California. Peak Power Inc focuses on leveraging advanced technologies like Artificial Intelligence, Machine Learning, and Big Data to tackle challenges in energy markets and the built environment. The company's flagship product, Peak Synergy, is an AI-driven energy management platform that optimizes the use of battery energy storage systems, grid-interactive buildings, and electric vehicles. In addition to software, Peak Power Inc offers comprehensive energy storage solutions, including project development support, financing, installation, and the management of virtual power plants. The company serves large-scale commercial and industrial clients, helping them achieve sustainability goals and reduce operational costs. With a recent $35 million financing round to support its U.S. expansion, Peak Power Inc is positioned as a leader in the energy transition.

What company datasets say Peak Power Inc raised

Funding, as reported

Reported in all49.7Min the source's currency
Rounds12
Last roundSeries A
Last round size35M
Last round dateMay 2023
Investors listed18

Founders and team

From Peak Power Inc's own website: 11 on the team.

  • Derek Lim SooChief Executive Officer
  • Benson HuChief Innovation Officer
  • Farid MadhaniChief Financial Officer
  • Scott McBrayneChief Operating Officer
  • Ashish NaikVP, Strategy & Corporate Development
  • Leigh BillinghurstVP, People & Culture
  • Mark RealeVP, Technology and Services
  • Benjamin BakerBoard Member
  • Doran HoleBoard Member
  • Jason LevinBoard Member
  • Katherine HamiltonBoard Member

On 2 portfolio pages

Investors who name them

Each firm lists Peak Power Inc 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

smart building integrationdistributed energy resource optimizationdecentralized energyzero-capex energy storagegrid servicesclean energy transitionclean energy & technologyenergy market analytics and forecastingai energy managementproject managementenergy market participation strategiesenergy market analyticssustainable energy managementenergy management softwareenergy infrastructuredistribution

Built with from their website

DockerANSSalesforce CRM AnalyticsAWS Trusted AdvisorAtlassianCallMiner EurekaPostmarkCSSHubspotExcel4Apps

+8 more

MongoDB AtlasOpenAIApple Business ManagerAIJavaScriptMicrosoft ExchangeMicrosoft 365 Apps & ServicesamCharts

Sector
Renewables & environment
Industry code
NAICS 54133, 513210, 541690, SIC 3621, 7372, 8711
Region
Ontario
Revenue
10M a year, as listed
Full record
Every detail in the company directory

Renewables & environment in Canada

Startups like it

Is this your company?

Add your raise, your deck and your story, and put Peak Power Inc in front of investors. Or tell us what we have wrong.