Work Here?
Overview
Optiwatt helps EV owners save money and reduce emissions by automatically coordinating EV charging and home HVAC use. The service is a free mobile app that connects to electric vehicles and smart thermostats and uses utility-rate data to schedule charging and climate control for the cheapest, off-peak times. It works through partnerships with utility companies; utilities compensate Optiwatt for helping balance the electricity grid, and in turn offer rebates or savings to users. The platform supports many EV brands (e.g., Tesla, Ford, BMW, Chevrolet) and stands out by combining a consumer app with grid-demand services that utilities pay for, effectively making it a B2B2C model. The goal is to lower users’ electricity bills while cutting the carbon footprint and helping utilities manage demand on the grid.
About Optiwatt
Industries
Data & Analytics
Energy
Consumer Software
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$11.3M
Headquarters
Walnut Creek, California
Founded
2020
Get referred to Optiwatt
See people who can refer or advise you
Simplify's Take
What believers are saying
- Optiwatt reported 36 utility partners and 27 supported EV brands in August 2026.
- Its June 2026 Rivian collaboration validates direct, authorized OEM integrations.
- Major utilities like SCE, ComEd, and PSE still appear on Optiwatt's platform.
What critics are saying
- ChargeScape won Rivian in June 2026, shrinking Optiwatt's OEM access.
- WeaveGrid signed GM Energy in July 2026 and TEP on August 4, 2026.
- OEM-native platforms from Rivian, GM, and Tesla can bypass Optiwatt within 12 months.
What makes Optiwatt unique
- Optiwatt spans EVs, thermostats, and Powerwall across 36+ utilities in North America.
- Its cloud portal plugs into DERMS, CIS, SCADA, and utility dispatch workflows.
- The app stays free because utilities pay for off-peak charging shifts.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$11.3M
Below
Industry Average
Funded Over
2 Rounds
Industry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Hybrid Work Options
Stock Options
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Flexible Work Hours
Home Office Stipend
Growth & Insights and Company News
6 month growth
↓ -5%1 year growth
↑ 0%2 year growth
↑ 0%Optiwatt, a San Francisco, CA-based consumer energy optimization app and operating system, closed a Series A funding round raising $7M
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.
Optiwatt is a free electric vehicle (EV) charge management app that automatically schedules electric vehicle charging when electricity rates are cheapest, saving users an average of $388 per year.
There are no jobs for Optiwatt right now.
Find jobs on Simplify and start your career today
About Optiwatt
Industries
Data & Analytics
Energy
Consumer Software
Enterprise Software
Company Size
11-50
Company Stage
Series A
Total Funding
$11.3M
Headquarters
Walnut Creek, California
Founded
2020
There are no jobs for Optiwatt right now.
Find jobs on Simplify and start your career today