inBalance
AcquiredYC W21San Francisco, US · Founded 2020 · 10 employees · 4 known investors
Find your way into inBalance
1,432 people in our graph share verified history with the inBalance team — schools, employers, funds. One of them is your warm intro.
James Detweilerunlockedknows Thomas Marge · together at Morgan Stanley (overlapped)
×7knows the team · via Morgan Stanley
knows the team · via Massachusetts Institute of Technology
knows the team · via The Johns Hopkins University
knows the team · via University of Cambridge
knows the team · via Y Combinator
inBalance uses machine learning to predict electricity prices, helping energy storage operators, EV charging networks, and similar businesses optimize revenue.
Advanced ManufacturingClimate TechEnergySaaSEnergy StorageClimateUnited States of AmericaAmerica / CanadaFully Remote
Founders & leadership· Y Combinator alumni (W21)
inBalance was founded in 2020 by Thomas Marge, Edwin Fennell, and Rajan Troll.
TM
Thomas MargeinFounderThomas co-founded inBalance, a Y Combinator-backed battery storage optimization company that was acquired by Stem in 2023. He holds a master's degree in Applied Mathematics and undergraduate degree in Pure and Applied Mathematics from Johns Hopkins, and completed doctoral coursework in Pure Mathematics at University of Cambridge before pursuing entrepreneurship.
EF
Edwin FennellCo-founder
RT
Rajan TrollCo-founder
Investors · 4
Reported raises · per SEC filings
Form D private placements$665K disclosed across 1 round · 2020
▶$665KraisedApr 2021 · 30 investors · Electric UtilitiesRule 506(b)
▶$665KraisedApr 2021 · 30 investors · Electric Utilities
Rule 506(b)Officers, directors & promoters on the filing
- Thomas MargeExecutive Officer, Director
- Edwin FennellDirector
- Rajan TrollDirector
- Offering amount
- $5M
- Amount sold
- $665K
- Minimum investment
- $1K
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware, 2020
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does inBalance do?
- inBalance uses machine learning to predict electricity prices, helping energy storage operators, EV charging networks, and similar businesses optimize revenue.
- Who founded inBalance?
- inBalance was founded by Thomas Marge, Edwin Fennell, Rajan Troll in 2020.
- Who are inBalance's investors?
- inBalance's investors include Emles Venture Partners, Knockout Capital, Lorimer Ventures, Y Combinator.
- How much funding has inBalance raised?
- inBalance has disclosed $665K raised across 1 round.
- Where is inBalance headquartered?
- inBalance is headquartered in San Francisco, US.