/Companies

Acorn Energy

NASDAQ: ACFN

Wilmington, US · Delaware corporation

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Acorn Energy operates OmniMetrix, a subsidiary that builds wireless remote monitoring and control systems for backup power generators, cell towers, data centers, utilities, and other critical infrastructure. It provides monitoring hardware plus recurring subscription services to generator dealers, telecom operators, and infrastructure asset managers.

Founders & leadership

MB
Michael BarthExecutiveMichael Barth leads operations and maintenance across industrial, power generation, and workforce development with over 20 years of experience spanning skilled trades, electrical and mechanical maintenance, maintenance planning, technical sales, and apprenticeship program development including work with the Illinois Workforce Innovation Board.
JA
John A MooreExecutive
JM
Joseph MusantiExecutive
JH
Jan H. LoebDirector, President and Chief Executive Officer
TSTracy S. Clifford
Tracy S. CliffordChief Financial Officer

Board

SM
Samuel M ZentmanBoard director
RE
Robert E McKeeBoard director
ML
Mannie L JacksonBoard director
ES
Edgar S WoolardBoard director
CE
Christopher E ClouserBoard director

Reported raises · per SEC filings

Form D private placements

$8M disclosed across 3 rounds · 2014–2019

▶$1.5MraisedJul 2019 · 3 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Tracy S CliffordExecutive Officer
  • Jan H LoebExecutive Officer, Director
  • Walter CzarneckiExecutive Officer
  • Michael OstererDirector
  • Samuel M ZentmanDirector
  • Gary MohrDirector
Offering amount
$1.5M
Amount sold
$1.5M
First sale
Jun 2019
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2MraisedAug 2015 · 1 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Samuel M ZentmanDirector
  • Michael BarthExecutive Officer
  • Jan LoebDirector
  • Robert E McKeeDirector
  • Mannie L JacksonDirector
  • Edgar S WoolardDirector
  • John A MooreExecutive Officer, Director
  • Christopher E ClouserDirector
  • Joseph MusantiExecutive Officer
Offering amount
$2M
Amount sold
$2M
First sale
Aug 2015
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.5MraisedNov 2014 · 13 investors · Other Energy
Rule 506(b)
Officers, directors & promoters on the filing
  • Edgar S WoolardDirector
  • Robert E McKeeDirector
  • Michael BarthExecutive Officer
  • Mannie L JacksonDirector
  • Joseph MusantiExecutive Officer
  • Christopher E ClouserDirector
  • John A MooreExecutive Officer, Director
  • Samuel M ZentmanDirector
Offering amount
$4.5M
Amount sold
$4.5M
Sales commissions
$360K
Placement agents
Maxim Group LLC
First sale
Oct 2014
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does Acorn Energy do?
Acorn Energy operates OmniMetrix, a subsidiary that builds wireless remote monitoring and control systems for backup power generators, cell towers, data centers, utilities, and other critical infrastructure. It provides monitoring hardware plus recurring subscription services to generator dealers, telecom operators, and infrastructure asset managers.
How much funding has Acorn Energy raised?
Acorn Energy has disclosed $8M raised across 3 rounds.
Where is Acorn Energy headquartered?
Acorn Energy is headquartered in Wilmington, US.