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Uplight
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Short description

Leading provider of Energy Services Management (ESM) solutions

Founded in 2004
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector buildings

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 Boulder, CO Boulder, United States
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Parent Companies

Updated by Brad Langley at Tendril on 08/22/2016

Edited by Cleantech Group on 05/27/2024

Traction
  • 1 M&A items
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Customers
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Date Company
09/07/2016

SunPower SunPower

SunPower chose Tendril to help drive customer engagement with the use of customized, user-friendly widgets.

Confirmed by SunPower

Partnerships
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Date Partner Type
08/28/2020
Enel X Enel X
Uplight and Enel X have launched an electric vehicle charging pilot program for New York-based utilities Central Hudson Gas & Electric and Orange & Rockland.
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Confirmed by Enel X
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IPO INFORMATION

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IPO status

IPO Type

Amount

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Prospectus URL

Prospectus

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Description

Date Investors Type Amount
03/03/2021 Schneider Electric Schneider Electric , AES Corporation AES Corporation , Huck Capital Huck Capital , Inclusive Capital Inclusive Capital , Coatue Coatue (5)
Post-money valuation of $1.5B
Funding will be used to scale the OS and the ecosystem, by increasing scale and operations with energy providers, developing integrated solutions with other technology and energy solutions providers, organically and through focused M&A, and catalyzing expansion into international markets.
Growth Equity
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Products
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The Tendril Platform

Built over more than a decade with $100 million in investment, the Tendril Platform delivers unmatched knowledge about the home, its inhabitants, and how it uses energy. It analyzes more than 300 unique data points on things like the home’s footprint, local weather conditions, and what motivates residents to act. This information represents unprecedented energy intelligence on 140 million homes.

Wide Commercial Availability Subscription
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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