# Camus Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/camus-energy

- Industry: Software
- Headquarters: Campbell, US
- Website: www.camus.energy
- Total disclosed funding: $17M
- Latest round: Series A (Oct 20, 2023)
- Investors on record: 6

## About

Based in the US, Camus Energy Inc. operates as a provider of advanced orchestration software for energy grid management, enhancing operational efficiency and reliability for utilities and energy developers.Founded in 2019 and headquartered in San Francisco, US, Camus Energy Inc. specializes in innovative energy management solutions. The company has engaged in two funding rounds, with the most recent deal occurring on October 20, 2023, during which it raised USD 1.2 mn in Series A funding co-led by Congruent Ventures and Wave Capital. The company was founded by Astrid Atkinson, Cody Smith, and Michael Ryan, with Astrid Atkinson currently serving as CEO.Camus Energy provides advanced orchestration software designed to enhance the efficiency and reliability of the energy grid. Their core offerings include the Camus platform, which integrates data, artificial intelligence (AI), and applications to deliver real-time insights and facilitate flexible interconnections between energy loads and generation sources. The platform specifically addresses challenges in managing distributed energy resources (DERs) while optimizing grid capacity and accelerating the interconnection process for utilities and developers. Key use cases include improving the planning and management of electric vehicle (EV) fleets, distributed solar installations, and data centers, focusing on reducing costly delays associated with grid upgrades. Camus Energy primarily serves clients in the utility and energy development sectors, with notable engagements across various North American markets.Camus Energy generates revenue through a combination of subscription-based services and partnerships with utilities and developers. Their primary transaction structure involves providing access to the Camus platform, which may include tailored applications such as the Operational Data Management System (ODMS) and Distributed Energy Resource Management System (DERMS). Clients typically engage with Camus through multi-year contracts encompassing software licenses, ongoing support, and updates, enabling them to leverage the platform's capabilities for managing grid capacity and DERs. The company’s flexible interconnection solutions, branded under the FlexConnect product line, further enhance its offering by streamlining the integration of new energy loads and resources. Specific pricing plans for these services are structured to accommodate varying needs of utilities and developers, ensuring comprehensive support for the modern energy landscape.In October 2023, Camus Energy Inc. raised USD 1.2 mn in Series A funding, which will be utilized to expand its product pipeline and further develop its offerings. The company has plans to introduce new functionalities within the Camus platform aimed at improving grid management capabilities. Additionally, Camus Energy is targeting expansion into new markets within North America to enhance its service reach, although specific regions and timelines have yet to be detailed.

## Funding rounds

- Series A, Oct 20, 2023, $1.2M — Congruent Ventures, Wave Capital, Groundswell Ventures, Align Impact, Remarkable Ventures
- Series A, Jul 20, 2021, $16M — Park West Asset Management, Congruent Ventures, Wave Capital

## Investors

- Park West Asset Management — Series A
- Congruent Ventures (https://capitalatlas.ai/funds/congruent-ventures) — Series A
- Wave Capital (https://capitalatlas.ai/funds/wave-capital) — Series A
- Groundswell Ventures (https://capitalatlas.ai/funds/groundswell-ventures) — Series A
- Align Impact (https://capitalatlas.ai/funds/align-impact) — Series A
- Remarkable Ventures (https://capitalatlas.ai/funds/remarkable-ventures) — Series A