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Tyba

AI-powered platform optimizing energy storage profitability

Overview

Tyba provides an AI-powered platform to increase profitability of energy storage for developers, owners, and operators. It has two modules: a Project Simulation module for modeling and underwriting standalone and co-located storage projects across North America, Europe, and Oceania, and an Auto-Bidding module that uses AI-based price forecasts, optimization, and bidding algorithms to maximize revenue for operating assets in markets like CAISO and ERCOT. The platform acts as a mission control center, combining forecasting, trading, and dispatch optimization to inform and automate storage operations, with clients including TotalEnergies. The goal is to scale capabilities into new markets and asset classes while continuing to maximize revenue for energy storage assets, with traction such as over 1 GWh under management and pilot projects with Avangrid.

Significant Headcount Growth

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About Tyba

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

Industries

Data & AnalyticsEnergyEnterprise SoftwareAI & Machine Learning

Company Size

11-50

Company Stage

Series A

Total Funding

$16.2M

Headquarters

San Francisco, California

Founded

2021

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Simplify's Take

What believers are saying

  • Tyba raised $13.9 million in February 2025, led by Energize Capital.
  • Utilities and developers still use it after Avangrid's July 2025 pilot.
  • ERCOT and CAISO volatility rewards better forecasting, and Tyba sells that edge.

What critics are saying

  • Enverus, Energy Toolbase, and Entrix commoditize storage analytics and squeeze pricing.
  • Tyba depends on regulation-heavy ERCOT and CAISO markets; rule changes erase dispatch alpha fast.
  • A prolonged battery financing freeze collapses Tyba's addressable market.

What makes Tyba unique

  • Tyba simulates and operates storage portfolios, unifying underwriting, bidding, and dispatch in one platform.
  • Its models cover over 100GW of projects and over 2GWh of operating storage.
  • Avangrid's 2025 pilot validated Tyba across 2,400 locations in seven U.S. grid markets.

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Funding

Total Funding

$16.1M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Meet Average

Industry standards

$15M
$8.2M
$13.9M
$15M
$30M

Benefits

  • Parental Leave
  • Medical Benefits
  • Unlimited Paid Time Off
  • Remote Work Options
  • Hybrid Work Options
  • Stock Options

Growth & Insights and Company News

Headcount

6 month growth

12%

1 year growth

51%

2 year growth

51%
CleanTechnica
Aug 2nd, 2025
Avangrid, Tyba Complete Pilot to Advance Battery Energy Storage Systems

Throughout the pilot, Avangrid's teams collaborated closely with Tyba through weekly working sessions and engagement.

FinSMEs
Feb 6th, 2025
Tyba Raises $13.9M in Series A

Tyba, a San Francisco-based energy storage optimization platform provider, raised $13.9M in Series A funding led by Energize Capital, with participation from Pear VC, Mobilize Climate Capital, and Borusan Ventures, and follow-on investment from Powerhouse, Wireframe, Virta, and Lorimer. The funds will be used to scale its AI-enabled energy solutions. This brings Tyba's total funding to $18.15M.

Axios
Feb 6th, 2023
Here's which sectors raised funding in January

Noon Energy, a startup that makes high-density carbon-oxygen batteries, raised $28 million in Series A funding from Clean Energy Ventures and Aramco Ventures’ Sustainability Fund.

FinSMEs
Jan 26th, 2023
Tyba Raises $2.25M In Funding

Tyba, an Oakland, CA-based modeling platform for developing, financing, and operating solar and storage projects, raised $2.25m in seed funding. The round was co-led by Powerhouse Ventures andWireframe Ventures, with participation from Lorimer Ventures, MKT1 Capital, and Virta Ventures.The company intends to use the funds to continue to expand operations and its development efforts. Led by Michael Baker, CEO, Tyler Nisonoff, CTO, and Tom Thunell, COO, Tyba provides an accessible modeling platform that simplifies and unifies project modeling applications, adding value during both development and operations. Leading community and utility-scale solar and storage firms are currently using its models to determine solar production and energy storage dispatch, leverage wholesale market price data (historical and forecasted) to inform optimal dispatch and project valuation, and generate risk-adjusted bids for physical power delivery. For each, the company uses the best models available, whether that is AI/ML for price forecasting, cutting-edge physical models for energy production, or tried and true linear optimizers.FinSMEs26/01/2023

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