Innovari Overview

Founded 2011
Status Out of Business
Employees 120
Latest Deal Type Out of Business

Innovari General Information


Privider of an interactive energy platform intended to connect utilities, their customers and their communities to build the grid of the future. The company's platform uses artificial intelligence, big-data analytics, proprietary optimization routines and deep knowledge of the utility business to optimize the entire energy value chain, focusing on the management of distributed energy resources, and behaves like a virtual power plant, securely sitting alongside other regulated utility company assets and business models, enabling users to have access to intelligence on both the generation and consumption side of the grid.

Contact Information

Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Primary Industry
Alternative Energy Equipment
Other Industries
Business/Productivity Software
Other Energy Services
Primary Office
  • 19720 NorthWest Tanasbourne Drive
  • Suite 320
  • Hillsboro, OR 97124
  • United States
+1 (512) 000-0000
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Innovari Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Out of Business 20-Mar-2018 0000 Completed Out of Business
3. Early Stage VC (Series B) 31-Dec-2013 000 0000 000.00 Completed Generating Revenue
2. Early Stage VC (Series A2) 27-May-2011 $4M $8M 000.00 Completed Generating Revenue
1. Angel (individual) 01-May-2011 $4M $4M 0000 Completed Generating Revenue

Innovari Cap Table

To view Innovari‘s complete cap table, request access >>
Stock # of Shares
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series A2 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A1 5,486,485 $0.000100 $0.04 $0.74 $0.74 1x $0.74 22.85%

Innovari Competitors (17)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing
AutoGrid Venture Capital-Backed Redwood City, CA 00 000.00 000000 - 000 000.00
000 000000 Venture Capital-Backed La-Chapelle-sur-Erdre, France 00 00.000 0000000000 0 00.000
000000 Venture Capital-Backed Puidoux, Switzerland 00 000.00 00000000000 000.00
0000000 Venture Capital-Backed Mountain View, CA 000 000.00 0000000000 0 000.00
00000000 Formerly VC-backed Durham, NC 000.00 000000&0 000.00

Innovari Executive Team (27)

Name Title Board Seat Contact Info
Patricio Testorelli President & Chief Executive Officer, Latin America
Christopher Hickman Founder, President, Chief Executive Officer & Board Member
Preetha Nair President, India & Asia
Corey Catten Chief Technology Officer
Dave Walden Chief of Utility Operations

19 Former Executives

Innovari Board Members (2)

To view Innovari‘s full board member team, request access >>
Name Representing Role Since
Christopher Hickman Innovari Founder, President, Chief Executive Officer & Board Member 000 0000

1 Former Board Member

Innovari Acquisitions (1)

To view Innovari‘s complete investment and acquisition history, request access >>
Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 000000 13-Oct-2014 000000000000000000 Other Business Products and Services 00000000000 0000000

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