# Sense Labs

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sense-labs

- Industry: Consumer Products
- Headquarters: Cambridge, US
- Website: www.sense.com
- Total disclosed funding: $151M
- Latest round: Series C (May 9, 2022)
- Investors on record: 16

## About

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. raised an undisclosed amount of venture debt funding from Analog Devices. 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.

## Funding rounds

- Series C, May 9, 2022, $18M — TELUS Ventures, Prelude Ventures, iRobot Ventures, Energy Impact Partners, Blue Earth Capital, SE Ventures, MCJ, Volery Capital Management
- Series C, Apr 11, 2022, $88M — TELUS Ventures, Prelude Ventures, iRobot Ventures, Energy Impact Partners, Blue Earth Capital, SE Ventures, MCJ
- Series B, Aug 13, 2019, $12M — Schneider Electric, Landis+Gyr AG, MKB, IDO Investments
- Series B, Sep 21, 2018, $18M — Capricorn Investment Group, Prelude Ventures, Schneider Electric, Shell Ventures, iRobot Ventures, Energy Impact Partners
- Series A, Aug 19, 2016, $15M — CRV, Capricorn Investment Group, Prelude Ventures, Shell Ventures, iRobot Ventures, Bolt, Energy Impact Partners

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Series A
- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series A, Series B
- Prelude Ventures — Series A, Series B, Series C
- Shell Ventures (https://capitalatlas.ai/funds/shell-ventures) — Series A, Series B
- iRobot Ventures (https://capitalatlas.ai/funds/irobot-ventures) — Series A, Series B, Series C
- Bolt (https://capitalatlas.ai/funds/bolt) — Series A
- Energy Impact Partners (https://capitalatlas.ai/funds/energy-impact-partners) — Series A, Series B, Series C
- Schneider Electric — Series B
- Landis+Gyr AG — Series B
- MKB (https://capitalatlas.ai/funds/mkb) — Series B
- IDO Investments (https://capitalatlas.ai/funds/ido-investments) — Series B
- TELUS Ventures (https://capitalatlas.ai/funds/telus-ventures) — Series C
- Blue Earth Capital (https://capitalatlas.ai/funds/blue-earth-capital) — Series C
- SE Ventures (https://capitalatlas.ai/funds/se-ventures) — Series C
- MCJ (https://capitalatlas.ai/funds/mcj) — Series C
- Volery Capital Management (https://capitalatlas.ai/funds/volery-capital-management) — Series C