Shyft Power Solutions
Latest round
- Seed
Last raised
- Apr 2021
Total raised
- $3.1M
Investors
- 5
About Shyft Power Solutions
Shyft Power Solutions, Inc.Founded in 2016 in San Francisco, US, Shyft Power Solutions focuses on providing innovative solutions for energy management. The company has not reported any pivots in its business strategy.Shyft Power Solutions specializes in advanced IoT and software solutions that facilitate the monitoring and management of distributed energy resources and minigrids. Their core offerings include sophisticated platforms that allow users to remotely control energy systems, optimize asset performance, and enhance operational efficiency. The SHYFT Connect and SHYFT FlexView applications serve various customer segments, including real estate developers, energy service providers, and home and business owners, enabling modern, energy-efficient experiences.Shyft Power Solutions generates revenue through a mix of subscription-based models and partnerships with various stakeholders in the energy sector. The structure of their transactions typically involves direct sales to energy service providers and real estate developers who integrate SHYFT's technology into their service offerings. Clients pay for access to SHYFT's platforms, which include flagship products such as the SHYFT Connect App and SHYFT FlexView App, providing them tools to manage and optimize energy consumption.In November 2024, Shyft Power Solutions, Inc. merged with Steama Company Limited, a significant move aimed at enhancing service offerings and addressing energy crises in Nigeria and Africa. The merger will leverage combined expertise to improve service delivery and prevent national grid collapses.
Who invested in Shyft Power Solutions
5 investors across 1 round
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Funding rounds
Seed
Apr 14, 2021
Amount
$3.1M
Investors
Questions about Shyft Power Solutions
Who invested in Shyft Power Solutions?
Shyft Power Solutions has 5 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Shyft Power Solutions raised?
Shyft Power Solutions has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Shyft Power Solutions last raise money?
Shyft Power Solutions's most recent round on record is a Seed, in Apr 2021.
What does Shyft Power Solutions do?
Shyft Power Solutions is a renewable energy company.
Where is Shyft Power Solutions headquartered?
Shyft Power Solutions is headquartered in San Francisco, US.
Which VCs invest in companies like Shyft Power Solutions?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Shyft Power Solutions's stage. Their profiles are linked below.
VCs backing renewable energy startups at Seed
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