Voltus

Manages virtual power plants and demand response

San Francisco, California, United States

About Voltus

Voltus operates in the energy sector by managing virtual power plants and distributed energy resources (DERs). The company helps clients, including businesses and homeowners, reduce their energy use during peak demand times, which is known as demand response. This process not only helps prevent blackouts but also allows clients to earn money and save on energy costs through various payment mechanisms. Voltus has a strong track record, managing 5.8 gigawatts of DERs and executing over 7,500 dispatches to maintain grid stability. With 60 different programs available, clients can optimize their energy usage and financial returns. Voltus stands out from competitors by focusing on demand response and providing tangible financial benefits to its clients. The goal of Voltus is to contribute to a more sustainable and reliable energy future.

San Francisco, CaliforniaHeadquarters
2016Year Founded
$161.6MTotal Funding
SPAC_PRIVATE_PLACEMENTCompany Stage
Energy, Social ImpactIndustries
201-500Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
401(k) Company Match
Unlimited Paid Time Off
Phone/Internet Stipend

Risks

Increased competition from other virtual power plant operators like CPower.
AI integration may face data privacy and security challenges, leading to scrutiny.
Partnerships may expose Voltus to risks from partners' financial stability and reliability.

Differentiation

Voltus operates 5.8 GW of distributed energy resources, showcasing significant market presence.
The company offers 60 programs optimizing energy usage and financial returns for clients.
Voltus's AI Adjuster maximizes demand response revenue through real-time load flexibility predictions.

Upsides

Partnerships with Sparkion enhance energy storage benefits for EV charging.
Expansion into residential markets increases demand response services in new territories.
Strategic advisory from Neil Chatterjee strengthens regulatory navigation and market opportunities.

Funding

Total raised$161.57 M
Latest valuation$1.30 B
StageSPAC_PRIVATE_PLACEMENT
$100
$1.30 B
$345
$1.30 B
SERIES A
9/30/2017
$10
$50.50 M