UtilityAPI, an Oakland, Calif.-based provider of secure, standardized, authorized access to utility data, closed a $10m Series A funding.
The round was led by Aligned Climate Capital.
The company intends to use the new funds to expand its business reach.
Founded in 2014 by Daniel Roesler and led by CEO Devin Hampton, UtilityAPI provides secure, standardized, authorized access to utility data, which are used to accelerate deployment and monitoring of distributed energy resources and energy efficiency technologies. Some of the top solar, storage, and energy efficiency companies use it every day.
Since the start of the pandemic, the company has negotiated deals with numerous Investor Owned Utilities (IOUs), Community Choice Aggregators (CCAs), and Municipal Utilities in the United States and Canada to bring their data sharing platform to millions of customers, third parties and energy efficiency providers.
FinSMEs
17/05/2022