# Peak Power Inc: Renewables & environment, Toronto, Canada > Peak Power Inc: Peak Power Inc is a North American cleantech company based in Toronto, Ontario, specializing in energy optimization software and turnkey... Source: https://millionrounds.com/startup/peak-power-inc (Millionrounds; every figure on the page links to its filing or article) Canada · [Renewables & environment startup](https://millionrounds.com/companies) # 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 reported Last round: Series A Renewables & environment Toronto, Canada Company summary - **Founded:** 2015 11 years old - **Team:** 80 51 to 200 people - **Funding reported:** 49.7M as listed, currency not stated - **Last round:** Series A May 2023 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 Peak Power Inc 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 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 all **49.7M** in the source's currency Rounds **12** Last round **Series A** Last round size **35M** Last round date **May 2023** Investors listed **18** ## Founders and team From Peak Power Inc's own website: 11 on the team. - **Derek Lim Soo** Chief Executive Officer - **Benson Hu** Chief Innovation Officer - **Farid Madhani** Chief Financial Officer - **Scott McBrayne** Chief Operating Officer - **Ashish Naik** VP, Strategy & Corporate Development - **Leigh Billinghurst** VP, People & Culture - **Mark Reale** VP, Technology and Services - **Benjamin Baker** Board Member - **Doran Hole** Board Member - **Jason Levin** Board Member - **Katherine Hamilton** Board Member ## On 2 portfolio pages Investors who name them - [Canadian Shield Capital](https://millionrounds.com/fund/canadian-shield-capital) - [MaRS Discovery District](https://millionrounds.com/fund/mars-discovery-district) 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 integration distributed energy resource optimization decentralized energy zero-capex energy storage grid services clean energy transition clean energy & technology energy market analytics and forecasting ai energy management project management energy market participation strategies energy market analytics sustainable energy management energy management software energy infrastructure distribution Built with from their website Docker ANS Salesforce CRM Analytics AWS Trusted Advisor Atlassian CallMiner Eureka Postmark CSS Hubspot Excel4Apps +8 more MongoDB Atlas OpenAI Apple Business Manager AI JavaScript Microsoft Exchange Microsoft 365 Apps & Services amCharts - **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](https://millionrounds.com/directory/peak-power) ## Renewables & environment in Canada Startups like it - [**Kanin Energy** Calgary · founded 2020 *Raised*](https://millionrounds.com/company/kanin-energy) - [**dcbel** Montreal · founded 2015](https://millionrounds.com/startup/dcbel) - [**Potentia Renewables Inc.** Toronto · founded 2010](https://millionrounds.com/startup/potentia-renewables-inc) - [**e-Zinc** Toronto · founded 2013](https://millionrounds.com/startup/e-zinc) - [**Woodland Biofuels Inc.** Toronto · founded 2000](https://millionrounds.com/startup/woodland-biofuels-inc) - [**INCA Renewtech** Kelowna · founded 2019](https://millionrounds.com/startup/inca-renewtech) - [**Airex Energy** Laval · founded 2014](https://millionrounds.com/startup/airex-energy) - [**H2 Portable Power Corp.** Chilliwack](https://millionrounds.com/startup/h2-portable-power-corp) ## 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. [List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)