# Open Energy Efficiency

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

- Industry: Software
- Headquarters: Sausalito, US
- Website: www.openee.io
- Latest round: Seed (Dec 16, 2016)
- Investors on record: 3

## About

Open Energy Efficiency specializes in providing innovative energy management solutions that optimize energy efficiency and sustainability for a diverse clientele, including utility companies and end users across North America and Europe.Open Energy Efficiency, headquartered in Sausalito, US, focuses on energy efficiency and sustainability solutions. The company was founded by individuals with a strong background in energy management. As of December 16, 2016, Open Energy Efficiency raised seed funding from investors such as ATW Partners, City Light Capital, and Energy Foundry, marking a pivotal moment in its growth strategy.Open Energy Efficiency offers a variety of products and services aimed at enhancing energy efficiency. The core offerings include advanced energy management systems that assist both commercial and residential users in reducing energy consumption and utility costs. Their solutions provide real-time monitoring and analytics, enabling users to make informed energy usage decisions. The company serves utility companies, energy service providers, and end consumers in North America and Europe, addressing their energy savings and sustainability goals.Open Energy Efficiency's revenue is generated through a structured model emphasizing partnerships and direct-to-consumer sales. Revenue streams include subscription-based services for access to proprietary energy management software. The offerings often feature tiered subscription plans that cater to various energy management needs, while also collaborating with utility companies through performance-based contracts linked to energy savings.Open Energy Efficiency plans to expand its product offerings with new energy management tools set to launch in the near future, although specific release dates are not disclosed. The company aims to enter additional markets in Europe and North America by the end of 2025. The seed funding raised in December 2016 will be utilized to support these initiatives, enhancing the company's capacity to innovate and grow in the energy efficiency sector.

## Funding rounds

- Seed, Dec 16, 2016 — City Light Capital, Earth Foundry, ATW Partners

## Investors

- City Light Capital (https://capitalatlas.ai/funds/city-light-capital) — Seed
- Earth Foundry (https://capitalatlas.ai/funds/earth-foundry) — Seed
- ATW Partners (https://capitalatlas.ai/funds/atw-partners) — Seed