Comverge

company

About

Comverge delivers software, hardware, and services to help utilities deploy successful demand response and energy efficiency programs.

  • 501 - 1000

Details

Last Funding Type
Debt Financing
Last Funding Money Raised
$34M
Industries
Energy,Energy Efficiency,Oil and Gas,Power Grid,Software
Founded date
Jan 1, 1997
Number Of Employee
501 - 1000
Operating Status
Active

Comverge is an industry-leading provider of integrated demand response, energy efficiency, and customer engagement solutions that enable electric utilities to ensure grid reliability, lower energy costs, meet regulatory demands, and enhance the customer experience.

Through its combination of software, hardware, and services, Comverge helps utilities optimize the management of every aspect of an energy management program, from participant recruitment and device installation to call center support, control events, and measurement and verification. Comverge has worked with hundreds of electric utilities to deploy nearly six million energy management devices and enroll more than 1.6 million residential customers into mass-market demand management programs.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$47M
Comverge has raised a total of $47M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2012 from a Debt Financing round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 19, 2012 Debt Financing $34M 1 Hercules Capital Detail
Apr 9, 2003 Series Unknown $13M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Comverge is funded by 2 investors. Hercules Capital and E.ON Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Hercules Capital Yes Debt Financing
E.ON Venture Partners Series Unknown