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Novele

Techstars '18

New York City, US · Founded 2015 · 29 employees on LinkedIn · 1 known investors

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Novele builds AI-enabled energy management software and hardware (EnergyBoard, RippleBoard) that transforms buildings into autonomous, intelligent energy assets to optimize demand, reduce costs, and synchronize energy across the grid. The company serves building owners and operators seeking to unlock financial returns through peak shaving, demand response, and energy arbitrage.

Also known as Novele Inc.

Founders & leadership

CCCharles Conwell
Charles ConwellChief Executive OfficerCharles Conwell spent nearly two decades in commercial real estate, including roles at The Abbey Company in Los Angeles and as a partner at ABS Partners in New York, before founding Novele, which develops AI-enabled energy management hardware and software for buildings.
KAKeith Angell
Keith AngellChief Financial OfficerHe has background in financial structuring, business development, and fundraising across FinTech and PropTech sectors.
GNGeng Niu
Geng NiuChief Technology OfficerGeng Niu has a background in automotive engineering, including work on high-performance vehicles with various propulsion systems, and now serves as CTO of Novele, an AI-enabled energy management software and hardware company.
DPDerek Publicover
Derek PublicoverChief Commercial OfficerDerek Publicover leads commercial strategy at Novele, which develops AI-powered energy management software and hardware for buildings. He brings prior experience in sales leadership, business development, and operations across retail, commercial, industrial, and municipal sectors in North America.

Investors · 1

Techstarslisted by TechstarsBoulder · $220K

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Company profile

researched Sep 2026

Novele is a New York–based energy technology company developing modular battery energy storage hardware and edge software for commercial buildings and data centers. Its product line comprises EnergyBoard, a thin, modular commercial battery system designed for interior installation in dense urban infrastructure; RippleBoard, a rack-level power conditioning platform aimed at high-density GPU deployments; and BoardOS, an edge AI layer that orchestrates connected assets. The company frames the grid constraint as a problem of intelligence at the point of consumption rather than generation, positioning in-building storage with automated controls as a way to manage unmanaged demand, static controls and siloed assets.

The systems are marketed for whole-building, data center and networking-closet applications, with claimed financial outcomes from peak shaving, demand response and energy arbitrage. Novele also operates an AI-powered energy intelligence platform that models the value stack available to a commercial building, sizes a system and produces a proposal. The company describes itself as a network of offices, test labs and manufacturing sites.

Founding story

The company was founded on the premise that power should be intelligent, sustainable and accessible while delivering financial returns, with founder AJ Glassberg articulating a vision of every building equipped with smart power solutions such as the EnergyBoard.

Business model

Novele sells energy storage and power conditioning hardware (EnergyBoard, RippleBoard) together with the BoardOS edge AI control layer, supported by an analysis and proposal workflow, expert consultation and in-house installation services for building owners and operators.

Revenue is generated from hardware systems and associated software and deployment services sold to building owners and operators; one third-party business directory estimates annual revenue in the $1 million to $5 million range.

Traction

Novele deployed its first intelligent indoor battery storage system at Stony Brook University's Spellman High Voltage Power Electronics Laboratory in September 2024, installed an EnergyBoard system at the ASPEN Laboratory at Southern Methodist University in November 2025, and began EnergyBoard deployment across six California big-box retail locations in December 2025, described as the start of a rollout across a portfolio of more than 1,700 stores. The company completed New York City's Resilient Energy Studio in February 2026 and was named a semi-finalist in the LA Resilient Rebuilding Cup hosted by LACI in July 2025. A third-party directory lists 11-50 employees.

Latest developments

In May 2026 Novele reported that EnergyBoard completed large-scale fire testing based on UL 9540A 6th Edition, with an alternative cell supporting a more than 60% reduction in required clearance space. In February 2026 it completed New York City's Resilient Energy Studio after eight months of collaboration with the FDNY and the Department of Buildings under an NYCEDC and Newlab program pairing participants with city regulators on live indoor storage projects.

▸Full profile — market position, technology, go-to-market, geography, history

Market position

Novele positions itself in indoor commercial energy storage and building-level demand management, emphasizing interior-deployable modular hardware and safety certification as the basis for siting storage inside occupied buildings.

The company emphasizes a thin, modular, lightweight board form factor that can be installed inside occupied and space-constrained urban buildings, an extensive safety certification and fire-testing record for indoor siting, and hardware-enabled AI software controls that link building assets to grid-level coordination.

Technology

The platform combines modular, lightweight lithium-based battery boards designed for interior deployment in space-constrained urban buildings with BoardOS, an edge AI orchestration system. EnergyBoard has obtained UL 1973, UL 9540 and UN 38.3 certifications and has undergone UL 9540A large-scale fire testing, including a Level 1 designation and testing drawing on the updated UL 9540A draft, CSA/ANSI C800:25 and UL 9540B; later testing based on UL 9540A 6th Edition with an alternative cell supports a more than 60% reduction in required clearance space. RippleBoard addresses rack-level power conditioning for AI workloads that exceed the density existing infrastructure was designed for. An AI energy intelligence platform models building value stacks, sizes systems and generates proposals.

Go-to-market

Novele engages customers through direct enterprise sales and a staged funnel beginning with an energy analysis of buildings and utility bills, followed by expert consultation, system sizing and proposal generation via its AI platform, and in-house installation. Pilot deployments at universities and municipal programs, industry competitions and conference participation support market development, with large retail portfolio rollouts pursued as scalable expansion.

Commercial and urban building owners and operators, including office towers, industrial buildings and big-box retail portfolios, as well as data centers, university research laboratories and networking-closet applications.

Geography

Headquartered in New York City, with deployments and programs in New York (Stony Brook University; New York City Resilient Energy Studio with FDNY, the Department of Buildings, NYCEDC and Newlab), Texas (Southern Methodist University), and California (six big-box retail locations and participation in a Los Angeles resilience competition).

History

Founded in 2015 and based in New York, Novele developed the EnergyBoard indoor battery system and subsequently expanded into software and adjacent hardware. It achieved UL 1973, UL 9540 and UN 38.3 certifications in January 2025, unveiled RippleBoard for high-density GPU racks in April 2025, completed large-scale fire testing with a Level 1 designation in July 2025, launched an AI-powered energy intelligence platform in September 2025, and expanded from university pilots into commercial retail portfolio deployments in late 2025.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Employee rangeJan 202611-50
Estimated annual revenue rangeJan 2026$1 million to $5 million
HeadcountAug 202629
Planned retail portfolio rollout storesDec 20251,700 stores

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 2

by search overlap

Companies competing with Novele for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 11

launches, deals, and filings
May 2026
EnergyBoard completes large-scale fire testing based on UL 9540A 6th Edition

Testing of an alternative cell supports a more than 60% reduction in required clearance space.

source ↗

Feb 2026
Completes New York City's Resilient Energy Studio

Eight-month collaboration with the FDNY and the Department of Buildings under an NYCEDC and Newlab program that paired participants with city regulators on live indoor storage projects and returned findings to the policy process.

source ↗

Dec 2025
EnergyBoard deployment commences across six California big-box retail locations

Initial deployment sets the stage for a scalable rollout across a portfolio of more than 1,700 stores.

source ↗

Nov 2025
EnergyBoard system deployed at the ASPEN Laboratory at Southern Methodist University

Live laboratory testing pairs Novele hardware with SMU battery modeling research to advance cell health and system longevity.

source ↗

Sep 2025
Launch of AI-powered energy intelligence platform for the built environment

Platform models the value stack available to a commercial building, sizes a system and delivers a complete proposal in minutes.

source ↗

Jul 2025
Named semi-finalist in the LA Resilient Rebuilding Cup hosted by LACI

Competition focused on resilient energy infrastructure as Los Angeles rebuilds and prepares for LA28.

source ↗

Jul 2025
EnergyBoard completes large-scale fire testing, achieving Level 1 designation

Test methodology drew on requirements from the updated UL 9540A draft, CSA/ANSI C800:25 and UL 9540B.

source ↗

Apr 2025
RippleBoard unveiled, a rack-level power conditioning platform for high-density GPU deployments

Platform targets rapid changes in rack power as AI workloads push density beyond what existing infrastructure was designed for.

source ↗

Mar 2025
CTO Geng Niu presents at the MIT Energy Conference

Discussion of electrical infrastructure constraints and load management in the built environment, arguing peak demand is created inside the building and making the case for hardware-enabled software controls.

source ↗

Jan 2025
EnergyBoard achieves UL 1973, UL 9540 and UN 38.3 certifications and completes UL 9540A testing

Certification set addresses safety requirements governing whether energy storage can be sited inside an occupied building.

source ↗

Sep 2024
First intelligent indoor battery storage system deployed at Stony Brook University

EnergyBoard pilot installed at the Spellman High Voltage Power Electronics Laboratory in an instrumented research environment to generate operating data informing future system sizing and scaling.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Novele do?
Novele builds AI-orchestrated indoor battery storage and power conditioning hardware that turns buildings into intelligent energy assets.
Who are Novele's investors?
Novele's investors include Techstars.
Where is Novele headquartered?
Novele is headquartered in New York City, US.