# Innowatts

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

- Industry: Software
- Headquarters: Houston, US
- Website: www.innowatts.com/
- Total disclosed funding: $24M
- Latest round: Series B (May 14, 2019)
- Investors on record: 6

## About

Founded in 2013 and based in Texas, US, Innowatts, Inc. operates as a provider of AI-driven energy intelligence tools and forecasting platforms to grid operators, commercial entities, and public sector organizations managing distributed energy systems. In September 2025, GridX, Inc., a portfolio company of Coparion, Innogy Ventures, Energy Impact Partners, E.ON, Moore Strategic Ventures, NGP, and Sunfox Capital, acquired Innowatts, Inc. from Evergy Ventures, Energy Impact Partners, Shell Ventures, and Iberdrola SA. Financial terms of the transaction were not disclosed.

## Funding rounds

- Series B, May 14, 2019, $18M — Iberdrola SA, Energy & Environment Investment, Shell Ventures, Energy Impact Partners, Evergy Ventures
- Series A, Aug 21, 2017, $6M — Emerging Energy & Environment Investment Group, Iberdrola SA, Shell Ventures

## Investors

- Emerging Energy & Environment Investment Group (https://capitalatlas.ai/funds/emerging-energy-environment-investment-group) — Series A
- Iberdrola SA — Series A, Series B
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A, Series B
- Energy & Environment Investment (https://capitalatlas.ai/funds/energy-environment-investment) — Series B
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series B
- Evergy Ventures (https://capitalatlas.ai/funds/evergy-ventures) — Series B