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DateInvestorsAmountRound
-N/A-
N/AConvertible
$12.0mSeries A
$450mGrowth Equity VC
N/ADebt
*
$120mSeries B
Total Funding$582m

Recent News about Swell Energy

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More about Swell Energy
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Swell Energy is a startup that operates in the renewable energy sector, providing smart energy technology solutions to homeowners and businesses. The company's primary objective is to help its clients achieve energy security and independence from escalating energy costs. Swell Energy's business model revolves around the provision of seamless energy backup solutions, which kick in when the power goes out, ensuring an uninterrupted supply of electricity.

The company's smart energy technology allows customers to avoid periods of peak energy prices through regular time of use programming. Furthermore, Swell Energy monitors the performance of its systems to ensure high efficiency. The company offers high-end energy generation technology, which allows clients to be self-sufficient and free from rising energy costs.

Swell Energy also provides cutting-edge home battery technology, which stores the energy produced by the system, ensuring a continuous power supply even during an outage. The company collaborates with utility providers across the US to bring the grid of the future to communities today.

Swell Energy's business model also includes the formation of a "virtual power plant" by networking together smart energy technology users. This approach makes the energy grid stronger, more resilient, and more efficient.

The company's revenue comes from the sale of its smart energy technology solutions and services to homeowners and businesses. It also earns income from partnerships with utility providers and through programs like the Uninterruptible Power Supply Fund Program, the My Energy Optimizer Partner+ Program, and the Battery Rewards Program.

Keywords: Renewable Energy, Smart Energy Technology, Energy Security, Energy Independence, Seamless Energy Backup, High-End Energy Generation, Home Battery Technology, Virtual Power Plant, Energy Efficiency, Utility Provider Partnerships.

Tech stack

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Investments by Swell Energy

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Renu Energy Solutions
ACQUISITION by Swell Energy Feb 2024