Sense Labs

Consumer ProductsSeries CCambridge, USsense.com

Latest round

Series C

Last raised

May 2022

Total raised

$151M

Investors

16

About Sense Labs

Sense Labs, Inc. is a technology company that specializes in home energy management solutions, providing innovative tools for real-time energy consumption monitoring and efficiency optimization. Founded in 2013 in Cambridge, US, Sense Labs, Inc. develops technology for optimizing home energy use. In January 2026, Sense Labs, Inc. Anil Dharni, one of the founders, serves as CEO, overseeing the company's strategic direction and operations. Sense offers the Sense Home Energy Monitor, a device that installs in a home's electrical panel to provide real-time insights into energy usage. The monitor analyzes electrical currents over one million times per second, enabling users to identify energy consumption patterns and make informed decisions. The accompanying mobile app, compatible with both iOS and Android devices, enhances user experience by allowing homeowners and renters to track energy use and bills, and is offered at no cost in collaboration with certain electric utility providers when customers upgrade to compatible smart meters. Sense generates revenue primarily through the sale of the Sense Home Energy Monitor, which starts at USD 299. This direct-to-consumer approach allows homeowners to manage energy usage effectively. Additionally, partnerships with utility companies offer customers the app free of charge if they have newly installed smart meters, creating mutual benefits for consumers and utilities, while potentially generating revenue for Sense through energy conservation initiatives.

Who invested in Sense Labs

16 investors across 5 rounds

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Funding rounds

  1. Series C

    May 9, 2022

    Amount

    $18M

    Investors

    Locked

  2. Series C

    Apr 11, 2022

    Amount

    $88M

    Investors

    Locked

  3. Series B

    Aug 13, 2019

    Amount

    $12M

    Investors

    Locked

  4. Series B

    Sep 21, 2018

    Amount

    $18M

    Investors

    Locked

  5. Series A

    Aug 19, 2016

    Amount

    $15M

    Investors

    Locked

Questions about Sense Labs

Who invested in Sense Labs?

Sense Labs has 16 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Sense Labs raised?

Sense Labs has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Sense Labs last raise money?

Sense Labs's most recent round on record is a Series C, in May 2022.

What does Sense Labs do?

Sense Labs is a consumer products company.

Where is Sense Labs headquartered?

Sense Labs is headquartered in Cambridge, US.

Which VCs invest in companies like Sense Labs?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back consumer products companies at Sense Labs's stage. Their profiles are linked below.

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