David Energy provides a software platform that manages and optimizes distributed energy resources like solar panels, battery storage, and smart thermostats for commercial buildings. The platform works by connecting these devices to electricity markets, using real-time data to automate energy buying and participation in demand response programs. Unlike traditional energy providers, this system integrates supply contracts with direct device control to lower costs and ensure regulatory compliance without requiring upfront payments. The company's goal is to help building owners reduce their carbon footprint and save money through transparent, data-driven energy management.
Company Size
51-200
Company Stage
Early VC
Total Funding
$64.1M
Headquarters
New York City, New York
Founded
2018
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