LO3 Energy Overview
- Year Founded
-
2012
- Status
-
Private
- Employees
-
24
- Latest Deal Type
-
Later Stage VC
- Investors
-
10
LO3 Energy General Information
Description
Developer of an energy technology and tool designed to accelerate the proliferation of the emerging distributed energy economy. The company's technology and tools help in the formation of community microgrids based on its proprietary blockchain, enabling utility and energy retail clients to create, deploy, and monetize differentiated and compelling energy products and customer services in increasingly open and competitive electricity markets.
Contact Information
Website
www.lo3energy.comCorporate Office
- 573 Sackett Street
- Brooklyn
- New York, NY 11217
- United States
Corporate Office
- 573 Sackett Street
- Brooklyn
- New York, NY 11217
- United States
LO3 Energy Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC | 11-Oct-2022 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 11-Mar-2021 | Completed | Generating Revenue | |||
| 3. Debt - PPP | 15-Apr-2020 | Completed | Generating Revenue | |||
| 2. Later Stage VC (Series A) | 06-Nov-2017 | $6.72M | $6.72M | Completed | Generating Revenue | |
| 1. Accelerator/Incubator | 26-Jun-2017 | Completed | Generating Revenue |
LO3 Energy Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B-3 | ||||||||
| Series B-1 | ||||||||
| Series B-4 | ||||||||
| Series B-2 | 275,150,591 | $0.000010 | $0 | $0.02 | $0.48 | 20x | $0.02 | 26.84% |
| Series A | 15,242,839 | $0.000010 | $0.04 | $0.51 | $0.51 | 1x | $0.51 | 1.49% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
LO3 Energy Comparisons
Industry
Financing
Details
LO3 Energy Competitors (8)
One of LO3 Energy’s 8 competitors is Prosume, a Venture Capital-Backed company based in Milan, Italy.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Prosume | Venture Capital-Backed | Milan, Italy | ||||
| Arcadia Power | Venture Capital-Backed | Greenwood Village, CO | ||||
| Renewable Exchange | Corporate Backed or Acquired | Bristol, United Kingdom | ||||
| Pexapark | Venture Capital-Backed | Schlieren, Switzerland | ||||
| Power2Peer | Accelerator/Incubator Backed | Boston, MA |
LO3 Energy Patents
LO3 Energy Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-12216626-B2 | Secure zero knowledge data transformation and validation | Active | 21-Jan-2020 | ||
| US-20210224238-A1 | Secure zero knowledge data transformation and validation | Inactive | 21-Jan-2020 | ||
| US-20240028570-A1 | Secure zero knowledge data transformation and validation | Active | 21-Jan-2020 | ||
| US-20250272270-A1 | Secure zero knowledge data transformation and validation | Pending | 21-Jan-2020 | ||
| US-10784715-B2 | Grid telemetry fingerprint | Active | 22-Aug-2018 | H02J13/10 |
LO3 Energy Signals
LO3 Energy Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| New Alchemy | Asset Manager | Minority | ||
| Ascend Venture Capital | Venture Capital | Minority | ||
| Shell Ventures | Corporate Venture Capital | Minority | ||
| Shikoku Electric Power | Corporation | Minority | ||
| Sumitomo | Corporation | Minority |
LO3 Energy FAQs
-
When was LO3 Energy founded?
LO3 Energy was founded in 2012.
-
Where is LO3 Energy headquartered?
LO3 Energy is headquartered in New York, NY.
-
What is the size of LO3 Energy?
LO3 Energy has 24 total employees.
-
What industry is LO3 Energy in?
LO3 Energy’s primary industry is Business/Productivity Software.
-
Is LO3 Energy a private or public company?
LO3 Energy is a Private company.
-
What is LO3 Energy’s current revenue?
The current revenue for LO3 Energy is .
-
How much funding has LO3 Energy raised over time?
LO3 Energy has raised $17.7M.
-
Who are LO3 Energy’s investors?
New Alchemy, Ascend Venture Capital, Shell Ventures, Shikoku Electric Power, and Sumitomo are 5 of 10 investors who have invested in LO3 Energy.
-
Who are LO3 Energy’s competitors?
Prosume, Arcadia Power, Renewable Exchange, Pexapark, and Power2Peer are some of the 8 competitors of LO3 Energy.
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process