Span

Span

Smart electrical panel for energy management

About Span

Simplify's Rating
Why Span is rated
A-
Rated A on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Energy

Company Size

201-500

Company Stage

Series B

Total Funding

$229.8M

Headquarters

San Francisco, California

Founded

2018

Overview

Span offers homeowners a way to manage and reduce their energy costs with the SPAN Panel, a smart electrical panel that allows real-time monitoring and control of energy usage through the SPAN Home App. This panel integrates with existing home energy systems, enabling features like scheduling EV charging during off-peak times and prioritizing essential circuits during outages. Span distinguishes itself by providing a program for electricians to become SPAN Authorized Installers, which includes training and support. The company's goal is to help homeowners save on energy bills and improve energy efficiency, particularly in older homes.

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Simplify's Take

What believers are saying

  • Partnership with Landis+Gyr enhances grid-edge intelligence and customer engagement.
  • New SPAN Panel models can save builders up to $10,000 per home.
  • Collaboration with Jabil supports rapid expansion and product portfolio growth.

What critics are saying

  • Increased competition from Google and Amazon in energy management solutions.
  • Supply chain disruptions with Jabil may impact product delivery and quality.
  • Ambitious goal to electrify 10 million homes by 2030 may face regulatory hurdles.

What makes Span unique

  • Span offers real-time energy management with its SPAN Panel and Home App.
  • The SPAN Panel integrates with existing home systems, including EV chargers and storage.
  • Span's products reduce energy bills by 15% and extend battery life by 40%.

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Funding

Total Funding

$229.8M

Above

Industry Average

Funded Over

3 Rounds

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.
Series B Funding Comparison
Above Average

Industry standards

$35M
$45M
Linktree
$65M
Substack
$96M
Span
$100M
ClickUp

Benefits

Competitive salary

Comprehensive benefits

6-month parental leave

Unlimited PTO

Teambuilding & career growth

Growth & Insights and Company News

Headcount

6 month growth

-6%

1 year growth

0%

2 year growth

4%
PR Newswire
Mar 25th, 2025
Landis+Gyr And Span, Leaders In The Energy Management Sector, Announce Expanded Partnership To Provide Utilities With Span® Edge Intelligent Service Point™

Landis+Gyr, a leading global provider of integrated energy management solutions for over 3,500 utilities across the globe, is now offering SPAN Edge to its utility customers to unlock electrification at the grid edge. ATLANTA, March 25, 2025 /PRNewswire/ -- Today, Landis+Gyr (SIX: LAND) and SPAN announced their strategic partnership to commercialize the first-of-its-kind SPAN Edge product, an intelligent service point that unlocks electrification and reimagines the grid edge by transforming homes into powerful distribution assets

CE Pro
Feb 25th, 2025
SPAN's Latest Smart Panels Can Reportedly Save Up to $10,000 in Utility Servicing Per Home

SPAN has announced two new models of smart electrical panels that it debuted at the 2025 International Builder's Show (IBS) in Las Vegas, Nevada: the SPAN Panel MAIN 40+MID and SPAN Panel MLO 48.

Oil and Gas Press
Feb 25th, 2025
SPAN Expands Smart Panel Offering with New Products That Can Save Builders up to $10,000 Per Home

LAS VEGAS - (BUSINESS WIRE) - Today, SPAN announced two new models of smart panels, SPAN Panel MAIN 40 +MID and SPAN Panel MLO 48, taking a monumental step towards their vision of offering energy management for every home.

Business Wire
Apr 16th, 2024
Smart Electrical Panel Pioneer Span Collaborates With Global Manufacturing Leader Jabil To Ramp Volume Manufacturing

SAN FRANCISCO--(BUSINESS WIRE)--SPAN, the innovator in home energy management technology, is teaming up with Jabil, a global leader in engineering, manufacturing, and supply chain solutions, to support the rapid expansion of SPAN’s product portfolio. This new alliance secures SPAN’s ability to fulfill the accelerating demand for both current electrical panels and future products with speed, agility, and quality. In order to build a more sustainable and resilient future where people have the ability to adopt and control the next wave of home energy technology, modern, intelligent infrastructure needs to be installed. All families and homeowners will have a role to play, as electrical panels must be updated to ensure efficient power usage. SPAN’s transformative electrical panels give users real-time control over every circuit in their home and provide money-saving energy usage analytics, all from one app. SPAN is designed to replace current, outdated electrical panels to support better, smarter, safer energy consumption for the future

Business Wire
Mar 12th, 2024
Span Announces Expanded Product Family, A Global Strategic Partner In The Utility Segment, And Scaled Adoption By Leading Homebuilders To Electrify 10 Million U.S. Homes By 2030

SAN FRANCISCO--(BUSINESS WIRE)--SPAN, the innovator in home energy management technology, continues to deliver new solutions for customers by expanding its industry-leading product family, offering a wider range of price points and greater flexibility in installation environments, and adding leading strategic partners in the utilities and home builder spaces.The path to decarbonization requires electrification of the homes we live in and the vehicles we drive. Accelerating this transition is challenging as existing infrastructure and installation methods were not designed for these products and load additions. Successful solutions must meet these challenges and account for the unique electrification goals and requirements across all customer categories, from builders, to utilities, to homeowners.By expanding its product family, SPAN is meeting the needs of more customers with different installation requirements and product needs, growing the demand for smart panels, and enabling its mission of electrifying 10 million U.S. homes by 2030.SPAN’s expanded line of products are purpose-built to fit the needs of all customers—from homeowners, to homebuilders, to grid operators—in their individual electrification and renewables journey, offering an unparalleled energy management and customer experience. With the expanded SPAN Panel family, customers will be able to access SPAN’s best-in-class energy management capabilities, including SPAN PowerUp, in form factors that meet their specific needs, reducing installation costs in the process.The SPAN Panel product line will now include:SPAN Panel 48 - The largest addition to the SPAN Panel family, the SPAN Panel 48 is geared towards new home construction, enabling builders to avoid expensive infrastructure costs when building all-electric or future electric homes, with best-in-class energy management, storage and charging capabilities of SPAN Panel 32.- The largest addition to the SPAN Panel family, the SPAN Panel 48 is geared towards new home construction, enabling builders to avoid expensive infrastructure costs when building all-electric or future electric homes, with best-in-class energy management, storage and charging capabilities of SPAN Panel 32. SPAN Panel 32 - Currently available and deployed across the U.S., SPAN Panel 32 serves both the retrofit and new home construction categories, providing software-defined, whole-home backup management when paired with one of several compatible energy storage systems, as well as reducing the costs of electrification.- Currently available and deployed across the U.S., SPAN Panel 32 serves both the retrofit and new home construction categories, providing software-defined, whole-home backup management when paired with one of several compatible energy storage systems, as well as reducing the costs of electrification

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