Evergen
Latest round
- Series B
Last raised
- Jun 2022
Total raised
- $13M
Investors
- 5
About Evergen
Founded in 2016, Evergen Pty Ltd is focused on developing innovative technologies for renewable energy management. The company operates out of Australia and has not undergone significant strategic pivots.65 million, and it has completed 8 deals to date.714 million.Evergen specializes in software platforms designed for the monitoring, control, optimization, and orchestration of various distributed energy resources and utility-scale assets. Their flagship product, the Distributed Energy Resource Management System (DERMS), empowers stakeholders within the renewable energy sector—including energy consumers, producers, utilities, and project developers—to manage energy use and production efficiently. This cloud-native platform enables real-time access to critical data, facilitating informed decision-making to optimize energy management and enhance the benefits of renewable assets.Evergen generates revenue primarily through a subscription model, offering its software solutions to various clients including energy retailers, original equipment manufacturers (OEMs), and commercial and industrial (C&I) entities. This transactional structure allows clients to integrate Evergen's tools into their existing energy management frameworks, fostering strong partnerships and facilitating ongoing software usage. Clients benefit from tailored pricing plans that are aligned with the scale of their operations and specific use cases while also encompassing potential add-on services for enhanced functionality. The company aims to enhance its existing products and develop new solutions to better serve its clients. Evergen is focusing on expanding its market presence in North America and Europe by the end of 2023, targeting regions with high demand for renewable energy management solutions.
Who invested in Evergen
5 investors across 2 rounds
See all investors in Evergen
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about Evergen
Who invested in Evergen?
Evergen has 5 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Evergen raised?
Evergen has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Evergen last raise money?
Evergen's most recent round on record is a Series B, in Jun 2022.
What does Evergen do?
Founded in 2016, Evergen Pty Ltd is focused on developing innovative technologies for renewable energy management.
Where is Evergen headquartered?
Evergen is headquartered in Australia.
Which VCs invest in companies like Evergen?
Among active investors with capital left to deploy, Blackbird, AirTree Ventures, Square Peg and Movac back energy storage & batteries companies at Evergen's stage. Their profiles are linked below.
VCs backing energy storage & batteries startups at Series B
Raising like Evergen? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.