/Companies

Optiwatt

San Francisco, US · Founded 2018 · Delaware corporation · 6 known investors

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Optiwatt provides a load management platform for utilities and grid operators to run virtual power plant and demand response programs by dispatching EVs, smart thermostats, and Level 2 chargers. It combines a consumer mobile/web app with an operator portal, optimization engine, device integrations, and incentive processing, serving investor-owned, public-power, and co-op utilities across North America.

Founders & leadership

Optiwatt was founded in 2018 by Casey Donahue.

CDCasey Donahue
Casey DonahueFounder

Board

LSLouis Schotsky
Louis SchotskyBoard directorManaging Partner at Navitas Capital
PF
Peter FranklinBoard director

Investors · 6

Reported raises · per SEC filings

Form D private placements

$14.4M disclosed across 4 rounds · 2021–2024

▶$3.5MraisedSep 2024 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Casey DonahueExecutive Officer, Director
  • Louis SchotskyDirector
  • Peter FranklinDirector
Offering amount
$5.3M
Amount sold
$3.5M
Minimum investment
$20K
First sale
Sep 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5.5MraisedSep 2023 · 3 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter FranklinDirector
  • Louis SchotskyDirector
  • Casey DonahueExecutive Officer, Director
Offering amount
$7M
Amount sold
$5.5M
Minimum investment
$25K
First sale
Aug 2023
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$4.3MraisedMar 2022 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Casey DonahueExecutive Officer, Director
Offering amount
$4.3M
Amount sold
$4.3M
Minimum investment
$300K
First sale
Feb 2022
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$1.1MraisedFeb 2022 · 6 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Casey DonahueExecutive Officer, Director
Offering amount
$1.1M
Amount sold
$1.1M
Minimum investment
$10K
First sale
Mar 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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Frequently asked questions

What does Optiwatt do?
Optiwatt provides a load management platform for utilities and grid operators to run virtual power plant and demand response programs by dispatching EVs, smart thermostats, and Level 2 chargers. It combines a consumer mobile/web app with an operator portal, optimization engine, device integrations, and incentive processing, serving investor-owned, public-power, and co-op utilities across North America.
Who founded Optiwatt?
Optiwatt was founded by Casey Donahue in 2018.
Who are Optiwatt's investors?
Optiwatt's investors include GV (Google Ventures), Urban Innovation, Active Impact Investments, Navitas Capital, Skyview Ventures, Thin Line Capital.
How much funding has Optiwatt raised?
Optiwatt has disclosed $14.4M raised across 4 rounds.
Where is Optiwatt headquartered?
Optiwatt is headquartered in San Francisco, US.