UtilityAPI, an Oakland, Calif.-based supplier of safe, standardized, approved entry to utility information, closed a $10m Series A funding.
The spherical was led by Aligned Climate Capital.
The firm intends to make use of the brand new funds to broaden its enterprise attain.
Founded in 2014 by Daniel Roesler and led by CEO Devin Hampton, UtilityAPI supplies safe, standardized, approved entry to utility information, that are used to speed up deployment and monitoring of distributed power assets and power effectivity applied sciences. Some of the highest photo voltaic, storage, and power effectivity corporations use it day-after-day.
Since the beginning of the pandemic, the corporate has negotiated offers with quite a few Investor Owned Utilities (IOUs), Community Choice Aggregators (CCAs), and Municipal Utilities in the United States and Canada to deliver their information sharing platform to thousands and thousands of consumers, third events and power effectivity suppliers.