Optiwatt
San Francisco, US · Founded 2018 · Delaware corporation · 5 known investors
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.
CD
Casey DonahueFounder
Board
LS
Louis SchotskyBoard director
PF
Peter FranklinBoard director
Investors · 5
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)
▶$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
▶$5.5MraisedSep 2023 · 3 investors · Other TechnologyRule 506(b)
▶$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
▶$4.3MraisedMar 2022 · 5 investors · Other TechnologyRule 506(b)
▶$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
▶$1.1MraisedFeb 2022 · 6 investors · Other TechnologyRule 506(b)
▶$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
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlap
Tesla82 shared keywordsTesla designs and manufactures electric vehicles, battery storage and solar products, and develops autonomous driving software.
EnergySage28 shared keywordsEnergySage operates an online marketplace where consumers and businesses can compare and shop for clean energy products such as solar panels, battery backup power, heating and cooling systems, electric vehicles, and smart home technology. The platform also offers clean energy financing and publishes market reports like its Solar & Storage Marketplace Report.
Recurrent23 shared keywordsRecurrent builds software and data analytics tools to help consumers and dealerships transition to electric vehicles and optimize EV adoption. The company focuses on the automotive sector with a mission to accelerate the decarbonization of transportation.
Companies competing with Optiwatt for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
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 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.