Voltus

Voltus

Operates virtual power plants, manages DERs

Overview

Voltus runs virtual power plants and manages distributed energy resources to provide demand response and grid-stability services for commercial, industrial, and residential customers. It coordinates many DERs and pays participants to cut electricity use during peak times or grid stress, earning money through capacity payments, ancillary services, and avoiding demand charges. The company has 5.8 GW of DERs deployed, 7,500 dispatches, 60 programs, $100 million paid to customers, and more than 15,000 MW brought to market, reflecting its scale and track record. Its goal is to improve grid reliability and enable a sustainable energy future while helping customers save money through demand response and DER participation.

About Voltus

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

Industries

Data & Analytics

Energy

Enterprise Software

Company Size

201-500

Company Stage

IPO

Headquarters

San Francisco, California

Founded

2016

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Simplify's Take

What believers are saying

  • Google's three-year June 2, 2026 deal validates Voltus for hyperscale data-center growth.
  • FERC's July 29, 2026 ruling on PJM meter data strengthens Voltus's residential demand-response access.
  • Octopus partnership adds 2026 residential devices, expanding supply across PJM, MISO, New York, California.

What critics are saying

  • PJM fought Voltus in June 2026 FERC docket EL26-4, risking slower monetization.
  • The 2025 MISO settlement cost $18 million, proving execution and compliance failures hurt hard.
  • BYOC depends on third-party enrollment and utility data access; weak participation kills capacity timelines.

What makes Voltus unique

  • Voltus owns bankable BYOC contracts, proven by Google's June 2, 2026 PJM agreement.
  • Voltus spans PJM, ERCOT, MISO, NYISO, and California with telemetry-heavy dispatch operations.
  • Voltus and Octopus launched Flexibility-as-a-Service on February 3, 2026, broadening residential supply.

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Funding

Total Funding

$511.1M

Above

Industry Average

Funded Over

5 Rounds

Spac Private Placement funding comparison data is currently unavailable. We're working to provide this information soon!
Spac Private Placement Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Company Match

Unlimited Paid Time Off

Phone/Internet Stipend

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-1%
ItsMiner
Jun 30th, 2026
Mastering the Texas grid/ automating load control for maximum profit.

Mastering the Texas grid/ automating load control for maximum profit. Solutions Customer Stories June 30, 2026 Scenario. A mining facility on the ERCOT grid faces extreme price volatility where power costs jump from $30/MWh to $200/MWh in less than fifteen minutes. During a grid emergency, missing a Demand Response (DR) signal leads to massive financial penalties and unrecovered energy costs. Manual response is not only too slow but creates a high risk of site-wide blackouts if the load isn't shed according to strict grid protocols. Problem. Large-scale mining in deregulated markets requires a dynamic relationship with the energy provider. Static consumption models are a liability in high-stakes environments like Texas, where failure to execute "Load Shedding" can bankrupt an operation during a single peak event. Farm managers require an automated trigger system that can adjust hashrate within minutes or seconds based on real-time price signals. Product solution. ItsMiner provides a sophisticated Load Regulation engine designed to transform a mining farm into a flexible grid asset. Developed for the most demanding energy markets, the platform automatically switches between full-hashrate operation and low-power modes based on external grid data. This ensures that the facility prioritizes margin protection over raw hashrate during high-tariff periods. Feature deep dive. ItsMiner utilizes a multi-modal adjustment strategy to optimize energy ROI. * Price-Based Automation: The system monitors ERCOT "Day-Ahead" and "5/15-minute Real-Time" prices to trigger automated load reductions when thresholds are exceeded. * Demand Response (DR) Integration: ItsMiner integrates with providers like Voltus to listen for DR messages containing specific (StartTime, EndTime, Reduce-by) parameters. * Multi-Level Load Shedding: Logic can be applied by sub-account, machine model, or IP segment to ensure the most efficient hardware remains online longest. * Smart Switch Execution: The platform controls smart network switches and miner power profiles to drop load without causing frequency shocks to the local substation. Use case. During a summer thermal event in Texas, a facility received an automated DR signal via ItsMiner to shed 20MW within a ten-minute window. The ItsMiner "Automation Engine" parsed the "Reduce-by" message and transitioned 6,000 miners to sleep mode instantly, successfully qualifying the farm for full incentive payments. This automated response removed the human error risk, ensuring 100% compliance with the grid operator's request. Conclusion. Turn your power bill into a profit center by participating in the energy market with ItsMiner's automated grid management. Contact ItsMiner for a demo:

Associated Press
Jun 25th, 2026
Voltus hires energy veterans Arielle Bertman and Jess Gunter as VPs of product and marketing

Voltus, a distributed energy solutions provider, has appointed Arielle Bertman as vice president of product and Jess Gunter as vice president of marketing. The announcement follows the company's recent partnership with Google and acquisition of Brightfield AI. Bertman brings over 20 years of energy sector experience from roles at SPAN.IO, Google, Amazon, PG&E and Bain & Company. She will lead product and design teams at Voltus. Gunter has spent two decades in energy, working at PG&E, Opower, Nest, Google and Renew Home. She will oversee marketing functions including growth, brand marketing, content and corporate communications. The hires come during a period of significant acceleration for the San Francisco-based company, which operates a distributed energy resources technology platform and virtual power plant.

GlobeNewswire
Jun 10th, 2026
Voltus Acquires Brightfield AI to Accelerate Energy Storage Deployment

Acquisition integrates a battery development platform and a team of distributed storage veterans...

MIT Technology Review
Jun 3rd, 2026
Google funds virtual power plant to power data centers through grid flexibility

Google has signed a deal with Voltus to create a virtual power plant in the PJM grid, covering much of the US East Coast. Voltus will aggregate up to 100 megawatts of distributed energy resources annually by grouping devices like electric vehicles and smart thermostats, paying customers to participate. Google will fund the setup, and the capacity will help power its data centres. The plant, expected to be operational in 2027, represents one of the first concrete examples of a tech company using a VPP to meet data centre energy demand. However, questions remain about participation rates. A recent California study found only 4.6% of EV owners enrolled in managed charging programmes even with $40 monthly payments, suggesting financial incentives alone may not guarantee widespread adoption.

Yahoo Finance
Jun 2nd, 2026
Google funds 100 MW virtual power plant with Voltus in first US hyperscaler-VPP deal

Google has struck a three-year deal with energy technology firm Voltus to aggregate up to 100 megawatts of distributed energy resources annually into a virtual power plant operating in PJM, the largest US grid operator. The agreement marks the first commercial VPP deal between a hyperscaler and VPP operator in a US wholesale market. Voltus will enrol batteries and smart thermostats from businesses and homes across PJM's Midwest and Mid-Atlantic regions. Google will fund capacity payments to participating customers, whose devices will be coordinated to deliver power during peak demand periods. The deal, structured under Voltus' Bring Your Own Capacity product launched in September 2025, offers data centre operators a potential route around lengthy interconnection queues. Google has separately integrated 1 gigawatt of demand response capacity into long-term energy contracts with US utilities.

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