Xendee was founded by Michael Stadler in 2018.

Who are Xendee's investors?

Xendee's investors include Anzu Partners, Evergy Ventures, Analytics Ventures.

How much funding has Xendee raised?

Xendee has disclosed $8M raised across 1 round.

Where is Xendee headquartered?

Xendee is headquartered in San Diego, US.

Xendee

San Diego, US · Founded 2018 · Delaware corporation · 24 employees on LinkedIn · 3 known investors

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Xendee offers a platform for designing, modeling, and operating microgrids and distributed energy resources (DERs), covering site screening, proposal generation, power and thermal flow modeling, and AI-powered microgrid control. It serves energy developers, engineers, and facility operators optimizing DER projects for cost, resiliency, and carbon reduction.

Cleantech Energy SaaS

Founders & leadership

Xendee was founded in 2018 by Michael Stadler.

Michael Stadler Chief Technology and Marketing Officer at Xendee Corporation, Co-Founder, Board DirectorMichael Stadler holds a Master's degree in electrical engineering and a Ph.D. in energy economics from Vienna University of Technology. He co-founded Xendee Corporation, where he has served as Chief Technology Officer since 2018, and previously led the microgrid and distributed energy resources teams at Lawrence Berkeley National Laboratory, where he was a Staff Scientist.

Naser Partovi Senior Advisor2023–2024He previously founded Sanitas Inc., a clinical remote care management software company, and served as Managing Director at Enterprise Partners Venture Capital, where he invested in and sat on boards of multiple technology companies including WIDCOMM (acquired by Broadcom) and Quorum Systems (acquired by Spreadtrum).

Scott Mitchell Co-Founder and Chief Software ArchitectScott Mitchell is Chief Software Architect at Xendee, a San Diego-based platform for designing and operating microgrids and distributed energy resources.

Adib NasléChief Executive Officer

Investors · 3

Anzu Partnerslisted by Anzu PartnersBillerica

How we know: Anzu Partners's portfolio page · a partner's Signal profile · funding news · open dataset · 5k.vc investor directory · Not right? Tell us

Evergy Ventureslisted by Evergy VenturesKansas City

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Analytics VenturesreportedSan Diego

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Reported raises · per SEC filings

Form D private placements

$8M disclosed across 1 round · 2021

▶$8MraisedDec 2021 · 3 investors · Other Technology

Rule 506(b)

Officers, directors & promoters on the filing

Adib NasleExecutive Officer, Director
Naser PartoviExecutive Officer, Director
Scott MitchellExecutive Officer, Director
Michael StadlerExecutive Officer

Offering amount: $12M
Amount sold: $8M
First sale: Nov 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.

Founder mafia

2 people who came through Xendee went on to found or lead other companies.

Naser PartoviChief Strategy Officer of Xendee CorporationFounded Npphotonics Lisa LaughnerMember of the Board of AdvisorsFounded Go Electric

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Companies working in the same space as Xendee.

In the news

Xendee Raises $12M Series A Financing to Accelerate Deployments of Net-Zero Distributed Energy Systemsxendee.com · Jun 2022

Frequently asked questions

What does Xendee do?: Xendee offers a platform for designing, modeling, and operating microgrids and distributed energy resources (DERs), covering site screening, proposal generation, power and thermal flow modeling, and AI-powered microgrid control. It serves energy developers, engineers, and facility operators optimizing DER projects for cost, resiliency, and carbon reduction.
Who founded Xendee?: Xendee was founded by Michael Stadler in 2018.
Who are Xendee's investors?: Xendee's investors include Anzu Partners, Evergy Ventures, Analytics Ventures.
How much funding has Xendee raised?: Xendee has disclosed $8M raised across 1 round.
Where is Xendee headquartered?: Xendee is headquartered in San Diego, US.