Ambient Devices
Latest round
- Series C
Last raised
- Sep 2008
Total raised
- $7.8M
Investors
- 4
About Ambient Devices
Ambient Devices, founded in 2001, is headquartered in Cambridge, US. The company focuses on energy monitoring solutions and has not undergone any significant pivots in its business strategy. Pritesh Gandhi is both the Founder and CEO, and he previously co-founded other ventures.Ambient Devices specializes in delivering innovative display technologies and systems designed for immediate access to essential information, particularly in the realm of energy consumption. Their core product offerings include the Energy Orb and the Energy Joule, which serve utility companies by providing real-time insights into energy usage patterns and associated pricing changes through an intuitive traffic-light color scale. These devices are implemented in both residential and commercial settings, with over a million homes in the United States currently utilizing Ambient technologies. By empowering customers with actionable data about their energy consumption, Ambient Devices aims to promote smarter energy choices and enhance overall customer satisfaction.Ambient Devices generates revenue through partnerships with utility companies that deploy their energy products to end users. The transaction structure typically involves B2B agreements, where utility providers integrate Ambient's technologies into their service offerings. These partnerships allow utility companies to relay important information about energy consumption and demand to consumers, fostering a more informed customer base. The flagship products, such as the Energy Orb and Energy Joule, operate on a pricing model tailored for utility providers, who may purchase these devices upfront or engage in subscription arrangements for ongoing software support and updates. The company is focused on developing new versions of its existing products aimed at providing enhanced functionalities for both residential and commercial users. Additionally, Ambient Devices is exploring opportunities to penetrate new geographic markets beyond the United States, with plans to establish a presence in Europe by 2010.
Who invested in Ambient Devices
4 investors across 3 rounds
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Questions about Ambient Devices
Who invested in Ambient Devices?
Ambient Devices has 4 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Ambient Devices raised?
Ambient Devices has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Ambient Devices last raise money?
Ambient Devices's most recent round on record is a Series C, in Sep 2008.
What does Ambient Devices do?
Ambient Devices, founded in 2001, is headquartered in Cambridge, US.
Where is Ambient Devices headquartered?
Ambient Devices is headquartered in Cambridge, US.
Which VCs invest in companies like Ambient Devices?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Ambient Devices's stage. Their profiles are linked below.
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