Optiwatt Raises $7M in Series A Funding

opiwatt

Optiwatt, a San Francisco, CA-based consumer energy optimization app and operating system, closed a Series A funding round raising $7M.

The round was led by Navitas Capital and brought in new investor Skyview Ventures alongside existing partners Google Ventures (GV), Active Impact Investments, Urban Innovation Fund and Thin Line Capital. 

This company intends to use the funds to expand operations and its development efforts.

Led by CEO Casey Donahue, Optiwatt Optiwatt provides a telematics-based home energy analytics platform operating a large EV managed charging fleet with over 70k vehicles connected, as well as a growing network of thermostats. The company also partners with a variety of North American utilities providers to develop localized solutions for charging sustainability. 

FinSMEs

16/11/2023