# Shifted Energy

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

- Industry: Electronics
- Headquarters: Honolulu, US
- Website: www.shiftedenergy.com
- Total disclosed funding: $4.3M
- Latest round: Seed (Mar 6, 2023)
- Investors on record: 5

## About

Based in the US, and founded in 2016, Shifted Energy, Inc. operates as an electronic company that enables electric water heaters to consume excess renewable energy and provide grid services. In March 2023, Shifted Energy, Inc. raised USD 4.3 million in seed funding co-led by EPIC Ventures and Kapor Capital, with participation from Buoyant Ventures, Hunt Companies, and Startup Capital Ventures.

Shifted Energy, Inc. is a developer of grid-interactive buildings and virtual power plants with a focus on renewable energy integration through equitable transformation. The company's software platform converts fleets of electric water heaters, pool pumps, home batteries, solar inverters, and EV charging stations into smart, flexible distributed energy resources capable of providing multiple grid services, providing customers with cost-effective and large-scale deployment that improves the end-user experience and reduces program maintenance and support requirements.

The company plans to use the March 2023 funding to recruit talent and expand its business.

## Funding rounds

- Seed, Mar 6, 2023, $4.3M — EPIC Ventures, Startup Capital Ventures, Hunt Companies, Kapor Capital, Buoyant Ventures

## Investors

- EPIC Ventures (https://capitalatlas.ai/funds/epic-ventures) — Seed
- Startup Capital Ventures (https://capitalatlas.ai/funds/startup-capital-ventures) — Seed
- Hunt Companies — Seed
- Kapor Capital (https://capitalatlas.ai/funds/kapor-capital) — Seed
- Buoyant Ventures (https://capitalatlas.ai/funds/buoyant-ventures) — Seed