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Innovari
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Provider of an Energy Platform unlocks affordable capacity by integrating grid-edge resources including automated demand management, renewable generation, energy storage, and distributed generation to optimize grid utilization & reliability

Founded in 2011
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy networks

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Austin, TX Austin, United States
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Updated by Ed Solar at Innovari on 05/26/2016

Edited by Cleantech Group on 06/09/2021

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Kayseri ve Civarı Elektrik Türk A.Ş. (KCETAŞ) Kayseri ve Civarı Elektrik Türk A.Ş. (KCETAŞ)

Innovari was selected for a grid optimization pilot with Turkish utility Kayseri ve Civarı Elektrik Türk A.Ş. (KCETAŞ). The IEP will help KCETAŞ integrate edge-of-grid resources to improve grid performance, increase system utilization and reduce technical system losses for greater grid efficiency and power reliability. Demand is especially strong among KCETAŞ' commercial and industrial customers.

Confirmed by Kayseri ve Civarı Elektrik Türk A.Ş. (KCETAŞ)

Partnerships
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Date Partner Type
06/17/2014
Reliance Infrastructure Reliance Infrastructure
Innovari is planning with RInfra for an expansion project between 100MW-150MW. RInfra is India's largest private sector power utility serving nine million consumers.
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Confirmed by Reliance Infrastructure
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IPO INFORMATION

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Description

Date Investors Type Amount
06/09/2014 VantagePoint Capital Partners VantagePoint Capital Partners (1)
Post-money valuation of
With this funding round Innovari will emerge from stealth mode and continue to seek additional venture funding.
Series B
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Grid Agent™

The Grid Agent extends the IEP to include harmonic analysis, event trigger recognition and proprietary wave shape profiles for electrical event analysis of lightning strikes, capacitor switching and other key utility system events.

$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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