# APX

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/apx

- Industry: Software
- Headquarters: New York, US
- Website: www.apx.com
- Total disclosed funding: $36M
- Latest round: Series C (Oct 11, 2000)
- Investors on record: 6

## About

Based in New York, US, and founded in 1996, APX, Inc. empowers the world transformation to sustainable energy. In March 2022, Xpansiv Data Systems, Inc., a portfolio company of Avista Development, Barrenjoey, BP Ventures, CEFC, Commonwealth Bank of Australia, Commonwealth Bank of Australia, CounterPointe Ventures, Energy Innovation Capital, Hartree Partners, Macquarie Group, and others, acquired APX, Inc. from Bechtel Corporation, FirstEnergy Corp. and others. The customer base of the company includes standards bodies, regulators, government entities, and NGOs. Some of its partners include Verra, MassDEP, adidas, and many more.

The company provides various services like change management, and settlements between market players, and it also provides brokerage and clearing services to the energy and environment markets. The company also offers analytics, settlement, and demand-side management to its customers. The firm provides custom programs by combining its digital platforms with expert consulting and service capabilities to achieve the sustainability objectives of its customers. Additionally, the firm also provides registry solutions such as REC registry, meta registries, and mitigation projects registry even the firm provides solutions for NDC implementation.

## Funding rounds

- Series C, Oct 11, 2000, $36M — Technology Partners, Woodside Fund, ONSET Ventures, Kinetic Ventures, FirstEnergy Corp., Bechtel Corporation

## Investors

- Technology Partners — Series C
- Woodside Fund (https://capitalatlas.ai/funds/woodside-fund) — Series C
- ONSET Ventures (https://capitalatlas.ai/funds/onset-ventures) — Series C
- Kinetic Ventures (https://capitalatlas.ai/funds/kinetic-ventures) — Series C
- FirstEnergy Corp. — Series C
- Bechtel Corporation — Series C