/Companies

NewSun Road

Richmond, US · Founded 2014 · 22 employees on LinkedIn · 3 known investors

Find your way into NewSun Road

Sign up to find every way you can get introduced to NewSun Road

  • Your email: who you already know at NewSun Road, and who your contacts know
  • 2nd- and 3rd-degree connections: people you know who worked, studied or invested with the NewSun Road team
  • Your LinkedIn: the connections who can make the intro for you

We rank every route by how warm it is, so you raise on warm intros instead of cold emails.

New Sun Road builds Stellar, a microgrid energy management platform combining Microgrid OS and Edge hardware that uses IoT data and AI to monitor, control, and optimize power systems such as solar and battery installations. It serves operators of microgrids, including grocery stores and data centers, to reduce utility costs and maintain reliable power across single sites or global fleets.

Founders & leadership

NewSun Road was founded in 2014 by Jalel Sager.

JS
Jalel SagerFounder
ACAustin Cappon
Austin CapponVice President of IoT Engineering
CE
Candice EggerssNamed on SEC filing
APAdrienne Pierce
Adrienne PierceChief Executive Officer
CR
Chad RileyNamed on SEC filing

Board

AKAndrew Karetsky
Andrew KaretskyBoard directorPresident at Skyview Ventures

Investors · 3

Reported raises · per SEC filings

Form D private placements

$5.9M disclosed across 1 round · 2023

▶$5.9MraisedJun 2023 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jalel SagerDirector
  • Austin CapponDirector
  • Andrew KaretskyDirector
  • Candice EggerssDirector
  • Adrienne PierceExecutive Officer, Director
  • Chad RileyDirector
Offering amount
$6.9M
Amount sold
$5.9M
First sale
May 2023
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.

Related companies · 1

Companies working in the same space as NewSun Road.

Frequently asked questions

What does NewSun Road do?
New Sun Road builds Stellar, a microgrid energy management platform combining Microgrid OS and Edge hardware that uses IoT data and AI to monitor, control, and optimize power systems such as solar and battery installations. It serves operators of microgrids, including grocery stores and data centers, to reduce utility costs and maintain reliable power across single sites or global fleets.
Who founded NewSun Road?
NewSun Road was founded by Jalel Sager in 2014.
Who are NewSun Road's investors?
NewSun Road's investors include Blue Bear Ventures, Focus Central America, Skyview Ventures.
How much funding has NewSun Road raised?
NewSun Road has disclosed $5.9M raised across 1 round.
Where is NewSun Road headquartered?
NewSun Road is headquartered in Richmond, US.