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Switched Source
Chicago, US · Founded 2016 · Delaware corporation · 13 employees on LinkedIn · 4 known investors
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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.
Founders & leadership
Switched Source was founded in 2016 by Lane Nelson.
Investors · 4
Funding
SEC filings, press & company announcements$12.6M disclosed across 2 of 3 rounds · 2017–2026
- Undisclosed amountSeedDec 2025Source ↗
▶$10MraisedMay 2026 · 4 investors · Other TechnologyRule 506(b)
- Lane NelsonExecutive Officer
- Charles MurrayExecutive Officer
- Offering amount
- $20M
- Amount sold
- $10M
- First sale
- May 2026
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.6MraisedNov 2025 · 13 investors · OtherRule 506(b)
- CHARLES MURRAYExecutive Officer
- Amount sold
- $2.6M
- First sale
- Jun 2017
- Incorporated
- Limited Liability Company, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
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, Third Derivative.
- 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.