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Viridity Energy

Description

Developer of smart-energy software for enterprise consumers. The company provides a platform that forecasts market power prices through peak-shaving algorithms, automated real-time sales of load flexibility across a comprehensive interface with the wholesale electric power markets and enables users to optimize that value by factoring in the complexity of their asset portfolios. It serves commercial and industrial power users connected to the grid.

2008

Founded

M&A

Status

11-50

Employees

M&A

Latest Deal Type

$35M

Latest Deal Amount

$47M

Total Amount Raised

Description

Developer of smart-energy software for enterprise consumers. The company provides a platform that forecasts market power prices through peak-shaving algorithms, automated real-time sales of load flexibility across a comprehensive interface with the wholesale electric power markets and enables users to optimize that value by factoring in the complexity of their asset portfolios. It serves commercial and industrial power users connected to the grid.

Website:

www.viridityenergy.com

Ownership Status

Acquired/Merged (Operating Subsidiary)

Financing Status

Formerly VC-Backed

Primary Industry

Vertical Market Software

Other Industries

Environmental Services (B2B)

Primary Office

1801 Market Street Suite 2701 Philadelphia, PA 19103United States +1 (484) 534-2222
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Viridity Energy Valuation and Funding

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Deal TypeDateAmountRaised to DatePost-ValStatusStage

Viridity Energy Cap Table

Stock# of Shares
Authorized
Par ValueDividend Rate (%)Original
Issue Price
LiquidationLiquidation
Pref. Multiple
Conversion
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% Owned

Viridity Energy Executive Team (6)

NameTitleBoard
Seat
Contact
Info
Mack TreeceChief Executive Officer, Chief Operating Officer & Chief Financial Officer
Raj ChudgarPresident & Board Member
Anthony HillChief Technology Officer
Allen Freifeld JDSenior Vice President of External Affairs, Law and Public Policy
Joe ZibelmanVice President, Business Operations
Mack Treece Chief Executive Officer, Chief Operating Officer & Chief Financial Officer
Raj Chudgar President & Board Member
Anthony Hill Chief Technology Officer
Allen Freifeld JD Senior Vice President of External Affairs, Law and Public Policy
Joe Zibelman Vice President, Business Operations

Viridity Energy Board Members (4)

NameRepresentingRoleSinceContact
Info
Junichi ShibutaSelfBoard Member000 0000
Mack TreeceViridity EnergyChief Executive Officer, Chief Operating Officer & Chief Financial Officer000 0000
Raj ChudgarViridity EnergyPresident & Board Member000 0000
Russ StidolphSelfBoard Member000 0000
Junichi Shibuta Board Member Self
Mack Treece Chief Executive Officer, Chief Operating Officer & Chief Financial Officer Viridity Energy
Raj Chudgar President & Board Member Viridity Energy
Russ Stidolph Board Member Self
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