# Kevala

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kevala-2

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.kevala.com
- Total disclosed funding: $21M
- Latest round: Series A (Aug 31, 2021)
- Investors on record: 2

## About

Kevala, Inc. is a US-based company specializing in cloud-based solutions that enhance the integration of renewable energy sources and optimize grid infrastructure through advanced data analytics.Founded in 2014 and headquartered in San Francisco, US, Kevala, Inc. offers a comprehensive platform for energy leaders to manage renewable energy integration. The company has successfully raised USD 14.76 mn in Series A funding as of May 2024, representing its growth trajectory in the energy analytics sector. The CEO, Aram Shumavon, has been pivotal in steering the company towards its goals since its inception.Kevala provides a cloud-based platform that facilitates the integration of renewable energy and optimizes grid infrastructure using advanced data analytics. The platform assists governments, utilities, and renewable energy developers in making informed decisions regarding electrification impacts and grid readiness. Key features include accurate carbon intensity forecasting and tools for solar and storage developers to identify ideal project sites based on thorough distribution grid analysis, thus aiding utilities in enhancing the value of distributed energy resources.Kevala's revenue model is primarily based on subscription fees for access to its analytical platform and advisory services tailored for utility companies, government entities, and renewable energy developers. Clients leverage Kevala's tools for integrated grid planning and carbon accounting, fostering a direct B2B relationship. The pricing structure is designed to cater to various service tiers, ensuring organizations can select packages that meet their operational requirements while establishing long-term partnerships.In May 2024, Kevala raised USD 14.76 mn in Series A funding, which will be utilized to expand its product offerings and enter new markets. The company is focused on launching enhanced features for its platform, aimed at improving energy resource management efficiencies. Geographic expansion is planned particularly in North America and Europe, where demand for renewable energy solutions is increasing. These initiatives reflect Kevala's commitment to supporting clients in navigating the energy transition effectively.

## Funding rounds

- Series A, Aug 31, 2021, $21M — C5 Capital, Thin Line Capital

## Investors

- C5 Capital (https://capitalatlas.ai/funds/c5-capital) — Series A
- Thin Line Capital (https://capitalatlas.ai/funds/thin-line-capital) — Series A