United States · Renewables & environment startup

Swell Energy

Swell Energy is an energy management and smart grid solutions provider based in Santa Monica, California.

Funding reportedLast round: Series B

Renewables & environmentSanta Monica, United States

About Swell Energy

Swell Energy is an energy management and smart grid solutions provider based in Santa Monica, California.

Founded in 2014, the company focuses on accelerating the adoption of clean energy technologies, particularly solar energy combined with energy storage batteries. Their mission is to create a greater grid for the greater good, helping homeowners and businesses achieve energy security, cost savings, and grid independence. The company offers integrated solutions that include solar and storage systems, financing options for energy installations, and virtual power plants (VPPs) that aggregate distributed solar and battery systems. Swell Energy also provides energy management software that optimizes energy use in homes with solar and battery systems. Their primary customers are homeowners and businesses, with partnerships extending to utilities and installers across California, Texas, and other states.

What company datasets say Swell Energy raised

Funding, as reported

Reported in all$582Min dollars
Last roundSeries B
Last round size$120M
Last round dateNov 2022
Investors listed5
SEC Form D$14M sold, 1 filing, last Dec 2019

Founders and team

From the SEC filings it signed: 1 on the team.

  • Suleman KhanExecutive Officer, Directori

On the board, as filediBrandon HurlbutBrian O'ConnorScott ParkesShaun Abrahamson

On a portfolio page

Investors who name them

Each firm lists Swell 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

decentralized energygrid servicesphotovoltaic systemsclean energy & technologygrid capacity managementpower grid resilienceenergy reliabilityelectric power generationhome energy automationenergy system automationenergy storagerenewable storage solutionsdistributed energy resource management systemcommunity solar integrationrenewable energy storagecritical loads panel

Built with from their website

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Sector
Renewables & environment
Industry code
NAICS 22111, 238210, 541511, SIC 3631, 1731, 7371
Region
California
Revenue
$8.7M a year, as listed

Renewables & environment in United States

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