Clear Current
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Clear Current provides AI-powered transparency and automation for energy contract and tariff management, helping organizations extract insights from energy data to optimize procurement decisions and reduce costs. The platform serves energy teams and organizations managing power supply contracts and utility tariffs.
Also known as Clear Current AI · Clear Current, Inc.
Founders & leadership
Investors · 6
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$4M disclosed across 1 of 2 rounds · 2025
- Undisclosed amountSeedMay 2025 · 2 sources
Rho Ignition (lead), Avesta Fund, Coreline Ventures, Montauk Climate
Source ↗ - $4MraisedMay 2025 · 2 sourcesSource ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Clear Current, Inc. is an Albuquerque, New Mexico-based technology company that builds an AI-powered "virtual energy manager" for enterprise energy management. The platform ingests utility bills, meter reads, tariff schedules, supplier contracts and onsite-generation data, recomputes charges against the applicable filed rate and contract terms, and surfaces billing errors, misplaced tariffs, demand-charge and ratchet issues, and rate-optimization opportunities. It is positioned as an energy enterprise resource planning (EERP) system that deploys intelligent agents across the energy value chain so enterprises can predict, audit and procure energy without the months of manual analysis and specialist expertise such work traditionally requires.
Product areas described on the company's site include billing intelligence (line-by-line bill audit tied to specific contract or tariff clauses), demand-charge analysis, rate optimization, procurement proposal normalization across competing suppliers, and portfolio-level views of sites, bills, supply mix and annual spend. The company also describes counterfactual analysis against a customer's real load — for example, what a site would have paid had onsite generation performed to specification or had supply been bundled — and a net true-cost figure per site incorporating onsite generation, net metering and third-party supply. Its stated mission is to bring transparency to energy management by making insights embedded in energy contracts, PPAs and tariffs instantly accessible.
Founding story
The company was founded by John Reuter, Jake Masters and Eric Hines, with Reuter serving as chief executive officer.
Business model
Software platform sold to enterprise organizations for ongoing monitoring and auditing of energy spend across multi-site portfolios, spanning bill audit, rate optimization and procurement support.
Latest developments
In May 2025 the company announced an oversubscribed seed round of more than $4 million led by Rho Ignition, with Coreline Ventures, Avesta Fund and strategic support from Montauk Climate, to fund U.S. expansion, product development and hiring within New Mexico's technology ecosystem.
▸Full profile — market position, technology, go-to-market, geography
Market position
Positions itself against incumbent third-party bill-audit and bill-pay providers, arguing that competitors detect anomalies or estimate savings while it recomputes every line item and evidences findings against contract clauses.
Claims full line-item recomputation rather than exception-based checks, findings traced to the exact contract or tariff clause, savings that are proven rather than estimated, a net true-cost view after onsite generation and supply, and counterfactual analysis against real load.
Technology
AI and intelligent-agent software that parses utility bills, meter data, tariff schedules and supplier contracts, rebuilds every line item of a bill against the applicable rate and contract, links findings to the specific governing clause, and runs counterfactual scenarios against actual load; it also nets onsite generation, net metering and third-party supply into a per-site cost.
Go-to-market
Direct, low-friction entry: prospects can upload recent utility bills without creating an account to receive findings, and the company invites contact by email or LinkedIn rather than through demo request forms and formal sales processes.
Enterprise energy, finance, sustainability and procurement teams managing multi-site utility spend, including examples such as multi-state health systems, national hospital systems and large technology companies.
Geography
Headquartered in Albuquerque, New Mexico, with plans stated at the time of its seed round to expand market presence across the United States.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Timeline · 1
launches, deals, and filingsClear Current announced a seed round of more than $4 million led by Rho Ignition, with participation from Coreline Ventures and Avesta Fund and strategic support from Montauk Climate. Proceeds are earmarked for U.S. market expansion, product development, and team growth in New Mexico.
$4M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Clear Currentclearcurrent.ai · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Clear Current do?
- Clear Current is an Albuquerque-based AI platform that audits enterprise utility bills, tariffs and contracts to cut energy spend.
- Who founded Clear Current?
- Clear Current was founded by John Reuter, Jake Masters.
- Who are Clear Current's investors?
- Clear Current's investors include Avesta Fund, City Light, Coreline Ventures, Rho Capital Partners, Rho Ventures.
- How much funding has Clear Current raised?
- Clear Current has disclosed $4M raised across 1 of its 2 known rounds.