Fundraising Fox

Switched Source

Chicago, US · Founded 2016 · Delaware corporation · 13 employees on LinkedIn · 3 known investors

Switched Source develops medium voltage power electronics devices, such as its Tie Controller and Phase-EQ products, that automate dynamic re-balancing of load across phases and distribution circuits for electric distribution utilities. Its hardware helps power system operators improve grid reliability, power quality, efficiency, and capacity for hosting renewable and distributed energy resources.

CleantechEnergyEnterprise SoftwareHardware

Founders & leadership

Switched Source was founded in 2016 by Lane Nelson.

LNLane Nelson
Lane NelsoninCofounder30 Under 30 2018
CMCHARLES MURRAY
CHARLES MURRAYinExecutive

Investors · 3

Capital InnovatorsSt. Louis · $500K – $1M
Cubit CapitalDallas · $500K – $3M
Launch Alaska Investment FundAnchorage

Funding

SEC filings, press & company announcements

$12.6M disclosed across 2 of 3 rounds · 2017–2026

▶$10MraisedMay 2026 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Lane NelsonExecutive Officer
  • Charles MurrayExecutive Officer
Offering amount
$20M
Amount sold
$10M
First sale
May 2026
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$2.6MraisedNov 2025 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • CHARLES MURRAYExecutive Officer
Amount sold
$2.6M
First sale
Jun 2017
Incorporated
Limited Liability Company, 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.

Competitors · 2

by search overlap
Swtchenergy8 shared keywordsSWTCH provides EV charging solutions for buildings that leverage existing electrical infrastructure, enabling cost-effective charging deployment and support for growing EV adoption in the built environment.
Se8 shared keywordsSchneider Electric provides energy management and industrial automation products, software, and advisory services to help industries, businesses, and homes electrify, automate, and digitalize their operations for greater efficiency and sustainability. It serves sectors such as aviation, manufacturing, and healthcare with monitoring software, DCIM, and energy management technologies.

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

In the news

Switched Source Raises $2.5 Million Seed Round to Advance Grid Modernization and Renewable Integration - VC Tavernvctavern.com · Apr 2026Switched Source Raises $2.5M Seed Fundingleadsontrees.com · Dec 2025CX-023868: Switched Source, LLC-Scaling Up Cost-Effective Grid Modernization | Department of Energyenergy.gov · Jun 2021Switched Source creates 'detours' around electrical grid trouble - Crain's Detroit Businesscrainsdetroit.com · Nov 2018

Frequently asked questions

What does Switched Source do?
Switched Source develops medium voltage power electronics devices, such as its Tie Controller and Phase-EQ products, that automate dynamic re-balancing of load across phases and distribution circuits for electric distribution utilities. Its hardware helps power system operators improve grid reliability, power quality, efficiency, and capacity for hosting renewable and distributed energy resources.
Who founded Switched Source?
Switched Source was founded by Lane Nelson in 2016.
Who are Switched Source's investors?
Switched Source's investors include Capital Innovators, Cubit Capital, Launch Alaska Investment Fund.
How much funding has Switched Source raised?
Switched Source has disclosed $12.6M raised across 2 of its 3 known rounds.
Where is Switched Source headquartered?
Switched Source is headquartered in Chicago, US.