Innowatts
Houston, US · Founded 2013 · Texas corporation · 24 employees on LinkedIn · 4 known investors
Innowatts offers an AI-powered SaaS platform that delivers energy load forecasting and customer insights for energy providers, including retail energy providers and utilities. The platform analyzes data from over 55 million meters to produce forecasts and business intelligence for the energy market.
Founders & leadership
Innowatts was founded in 2013 by Siddhartha Sachdeva.
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Siddhartha SachdevaFounder
Investors · 4
Reported raises · per SEC filings
Form D private placements$6M disclosed across 1 round · 2017
▶$6MraisedAug 2017 · 3 investors · Other TechnologyRule 506(b)
▶$6MraisedAug 2017 · 3 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Siddhartha SachdevaExecutive Officer, Director
- Offering amount
- $6M
- Amount sold
- $6M
- Minimum investment
- $1M
- First sale
- Jul 2017
- Incorporated
- Corporation, Texas, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 4
by search overlapEnvironmental Energy Services, Inc.7 shared keywordsEES is a clean energy company providing combustion enhancement, boiler performance optimization, emissions reduction, and water treatment technologies to energy facilities worldwide. Its offerings include mercury capture, ash chemistry modifiers, water treatment systems, opacity reduction formulas, and combustion/NOx reduction platforms for power and industrial boilers.
Eneryield7 shared keywordsEneryield builds Eneryield IntelliView®, an AI and physics-informed predictive analytics product that detects grid faults from electrical waveforms for utilities and industrial power systems. A Chalmers University spin-out based in Gothenburg, Sweden, its software runs on the ABB CogniEN platform and is deployed with grid operators across Europe, North America, the Middle East and Asia.
Utilitydive7 shared keywordsUtility Dive is an industry news publication covering the U.S. electric utility and power sector, reporting on topics such as grid operations, energy regulation, renewables, data center demand and utility finances. It serves professionals in the energy and utility industries.
Esri5 shared keywordsEsri develops ArcGIS, a geospatial platform that enables organizations across industries to create digital twins, conduct spatial analysis, and optimize operations. The platform serves government agencies, retailers, consultants, and other enterprises seeking location-based intelligence and data-driven decision-making.
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In the news
Frequently asked questions
- What does Innowatts do?
- Innowatts offers an AI-powered SaaS platform that delivers energy load forecasting and customer insights for energy providers, including retail energy providers and utilities. The platform analyzes data from over 55 million meters to produce forecasts and business intelligence for the energy market.
- Who founded Innowatts?
- Innowatts was founded by Siddhartha Sachdeva in 2013.
- Who are Innowatts's investors?
- Innowatts's investors include Energy Impact Partners, Evergy Ventures, Energy & Environment Investment, Shell Ventures.
- How much funding has Innowatts raised?
- Innowatts has disclosed $6M raised across 1 round.
- Where is Innowatts headquartered?
- Innowatts is headquartered in Houston, US.


