Sunverge Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Private

  • Employees
  • 32

Employees

  • Latest Deal Type
  • Later Stage VC

  • Latest Deal Amount
  • $2.06M

  • Investors
  • 12

Sunverge General Information

Description

Developer of an energy resource management platform designed to make renewable power reliable, economical, and accessible. The company's platform provides co-optimization of services on both sides of the meter to intelligently manage renewable energy generation and utilities, enabling homeowners and businesses to manage their infrastructure investments, reduce generation costs, increase system reliability, and meet their renewable energy goals.

Contact Information

Website
www.sunverge.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 950 Minna Street
  • San Francisco, CA 94103
  • United States
+1 (415)
Primary Industry
Other Equipment
Other Industries
Business/Productivity Software
Vertical(s)
CleanTech, LOHAS & Wellness, Climate Tech
Corporate Office
  • 950 Minna Street
  • San Francisco, CA 94103
  • United States
+1 (415)

Sunverge Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Sunverge Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Later Stage VC 26-May-2023 $2.06M Completed Generating Revenue
7. Secondary Transaction - Private 10-May-2022 Completed Generating Revenue
6. Later Stage VC (Series 3) 09-Mar-2022 Completed Generating Revenue
5. Later Stage VC (Series 2) 07-Aug-2019 Completed Generating Revenue
4. Later Stage VC (Series C) 19-Oct-2017 Completed Generating Revenue
3. Later Stage VC (Series C) 03-Feb-2016 Completed Generating Revenue
2. Early Stage VC (Series B) 30-May-2014 $15M $17M Completed Generating Revenue
1. Early Stage VC (Series A) 21-Dec-2011 $2.05M $2.05M Completed Generating Revenue
To view Sunverge’s complete valuation and funding history, request access »

Sunverge Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series 3
Series 2A
Series 2 28,904,364 $0.100000 8% $0.55 $0.55 1x $0.55 62.48%
To view Sunverge’s complete cap table history, request access »

Sunverge Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an energy resource management platform designed to make renewable power reliable, economical, and accessibl
Other Equipment
San Francisco, CA
32 As of 2022

Boulder, CO
 

Hawthorn, Australia
 
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Sunverge Competitors (40)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Uplight Private Equity-Backed Boulder, CO
Enevaro Venture Capital-Backed Hawthorn, Australia
JLM Energy Formerly PE-Backed Rocklin, CA
Invenia Venture Capital-Backed Winnipeg, Canada
Stem Formerly VC-backed San Francisco, CA
You’re viewing 5 of 40 competitors. Get the full list »

Sunverge Patents

  • 10

    Total Documents Applications and Grants

  • Total Patents Families

  • Granted

  • Pending

  • Expiring in next 12 mo

Sunverge Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20170025894-A1 Microgrid controller for distributed energy systems Inactive 04-Jul-2015
EP-3317934-A1 Microgrid controller for distributed energy systems Inactive 04-Jul-2015
US-20170005474-A1 Virtual power plant Inactive 04-Jul-2015
US-20170005477-A1 Distributed energy system edge unit Inactive 04-Jul-2015
EP-3317679-A4 Distributed energy system edge unit Inactive 04-Jul-2015 H02J3/14
To view Sunverge’s complete patent history, request access »

Sunverge Executive Team (23)

Name Title Board Seat
Martin Milani Chief Executive Officer, Co-Chief Technology Officer & Board Member
Jon Bode Chief Financial Officer
Jeff Dasovich Chief Commercial Officer
James Sprecher Vice President, Utility Interoperability Standards
Kateri Callahan Advisor
You’re viewing 5 of 23 executive team members. Get the full list »

Sunverge Board Members (22)

Name Representing Role Since
Alex De Sousa Equinor Ventures Board Member
Alistair Preston AGL Energy Board Member
Bala Nagarajan Self Board Member
Dean Sanders Self Co-Founder, Chairman, Co-Chief Technology Officer & Technical Advisor
Geoffrey Eisenberg The Ecosystem Integrity Fund Board Member
You’re viewing 5 of 22 board members. Get the full list »

Sunverge Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Sunverge Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds
Siemens Venture Capital Venture Capital Minority
Equinor Ventures Corporate Venture Capital Minority
Evergy Ventures Corporate Venture Capital Minority
The Ecosystem Integrity Fund Venture Capital Minority
AGL Energy Corporation Minority
You’re viewing 5 of 12 investors. Get the full list »

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Sunverge FAQs

  • When was Sunverge founded?

    Sunverge was founded in 2009.

  • Who is the founder of Sunverge?

    Dean Sanders is the founder of Sunverge.

  • Who is the CEO of Sunverge?

    Martin Milani is the CEO of Sunverge.

  • Where is Sunverge headquartered?

    Sunverge is headquartered in San Francisco, CA.

  • What is the size of Sunverge?

    Sunverge has 32 total employees.

  • What industry is Sunverge in?

    Sunverge’s primary industry is Other Equipment.

  • Is Sunverge a private or public company?

    Sunverge is a Private company.

  • What is Sunverge’s current revenue?

    The current revenue for Sunverge is .

  • How much funding has Sunverge raised over time?

    Sunverge has raised $101M.

  • Who are Sunverge’s investors?

    Siemens Venture Capital, Equinor Ventures, Evergy Ventures, The Ecosystem Integrity Fund, and AGL Energy are 5 of 12 investors who have invested in Sunverge.

  • Who are Sunverge’s competitors?

    Uplight, Enevaro, JLM Energy, Invenia, and Stem are some of the 40 competitors of Sunverge.

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