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§ Private Profile · Brooklyn, NY, USA
Energy management software platform enabling utilities to manage residential demand response, energy efficiency, and grid balancing.
Based in Brooklyn, New York, United States, EnergyHub provides home energy management systems and software platforms that enable utilities to manage peak loads through demand response and grid balancing. The company's Mercury platform currently manages approximately 700,000 energy-smart devices, including residential thermostats and electric vehicles, across a network of more than 60 utility providers. EnergyHub operates as an independent subsidiary of its parent company, Alarm.com, following an acquisition in May 2013, and serves major utility customers such as Arizona Public Service and National Grid. To further expand its distributed energy resource capabilities, the firm acquired grid-balancing software developer Packetized Energy in 2024, integrating technology originally developed by founders Paul Hines and Jeff Frolik. The organization is additionally guided by board members including EnerNOC co-founder David Brewster. EnergyHub was founded in 2007 by Seth Frader-Thompson.
EnergyHub has raised $15.0M across 1 funding round.
EnergyHub has raised $15.0M in total across 1 funding round.
EnergyHub has raised $15.0M in total across 1 funding round.
EnergyHub's investors include .406 Ventures, Cambridge Innovation Capital, Flagship Ventures, Jeff Samberg, Maria Gotsch, Physic Ventures.
EnergyHub has raised $15.0M across 1 funding round. Most recently, it raised $15.0M Series B in August 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 1, 2011 | $15M Series B | — | .406 Ventures, Cambridge Innovation Capital, Flagship Ventures, Jeff Samberg, Maria Gotsch, Physic Ventures | Announced |
EnergyHub is a technology company that builds software platforms enabling utilities to harness millions of distributed energy resources (DERs) such as connected thermostats, electric vehicles, solar panels, and batteries to create virtual power plants (VPPs). These solutions help utilities manage grid reliability, integrate renewable energy, and reduce carbon emissions by transforming complex, distributed assets into reliable grid resources. EnergyHub serves utilities and grid operators, addressing the challenge of balancing intermittent renewable generation with grid demand while empowering consumers to control and reduce their energy consumption. The company has demonstrated strong growth momentum through partnerships with over 60 utilities and grid operators, managing portfolios of 70+ residential and commercial VPPs that support hundreds of thousands of customers in the energy transition[1][4][5].
EnergyHub was founded by a team with expertise in technology and clean energy, emerging from the need to modernize the electric grid as consumers increasingly adopt distributed energy technologies. The company’s early traction came from developing software and hardware solutions that connect home devices into a Home Area Network (HAN), allowing real-time energy monitoring and control. A pivotal moment was its acquisition by Alarm.com in 2013, which expanded its reach and resources. Since then, EnergyHub has evolved to focus on its distributed energy resource management system (DERMS) platform, which utilities use to scale VPPs and manage load growth and renewables efficiently[2][3][4].
EnergyHub rides the global trend toward decarbonization and decentralization of the electric grid, driven by increasing adoption of renewable energy, electric vehicles, and smart home technologies. The timing is critical as utilities face growing grid complexity and the need for flexible, software-driven solutions to maintain reliability and meet climate goals. Market forces such as regulatory support for clean energy, rising consumer engagement, and advances in IoT and cloud computing favor EnergyHub’s platform. By enabling utilities to leverage DERs as virtual power plants, EnergyHub influences the broader ecosystem by accelerating the clean energy transition and fostering innovation in grid management[1][3][5].
EnergyHub is positioned to expand its influence as the energy sector increasingly relies on distributed resources and digital platforms. Future trends shaping its journey include greater electrification, expanded EV adoption, and evolving regulatory frameworks that incentivize grid flexibility. The company’s continued innovation in DERMS technology and its growing utility partnerships suggest it will play a pivotal role in enabling a cleaner, more resilient grid. As virtual power plants become mainstream, EnergyHub’s platform could become foundational infrastructure for utilities worldwide, deepening its impact on the energy transition and consumer empowerment[5][6].