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.
Board

Investors · 6
How we know: GV (Google Ventures)'s portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: Urban Innovation's portfolio page · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: press coverage · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: funding news · press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
How we know: press coverage · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$14.4M disclosed across 4 rounds · 2021–2024
▶$3.5MraisedSep 2024 · 3 investors · Other TechnologyRule 506(b)
- 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
▶$5.5MraisedSep 2023 · 3 investors · Other TechnologyRule 506(b)
- 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
▶$4.3MraisedMar 2022 · 5 investors · Other TechnologyRule 506(b)
- 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
▶$1.1MraisedFeb 2022 · 6 investors · Other TechnologyRule 506(b)
- 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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Related companies · 3
Companies working in the same space as Optiwatt.
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.


