David Energy

formerly David Energy Systems

Electricity designed to minimize your bill and decarbonize the grid

Brooklyn, United States · Founded 2019 · $49.1M raised

Headquarters
Brooklyn, New York
Employees
11–50
Founded
2019
Business Model
B2B2C
Total Funding
$49.1M
Last Round
$23.0M Series BApr 2024
Rounds
4

About

David Energy is a technology-driven retail electricity provider that combines electricity supply with a modern software platform to help homes and businesses run on cleaner, cheaper, and more resilient power. The company manages distributed energy resources — including batteries and smart devices — to reduce customer electricity bills while advancing the transition to a 100% clean energy grid. Its platform provides real-time energy monitoring, automated demand response, and integration with renewable energy sources, positioning David Energy as both an electricity retailer and an energy management software company. The company has been recognized as America's Top Green Tech Company of 2025, ranking in the top 250 of 4,600 sustainability-focused companies in the US.

Summary

David Energy is a Clean Tech company based in Brooklyn, United States, founded in 2019. It has raised $49.1M in total across 4 rounds, most recently a $23.0M Series B round in Apr 2024. Investors include BoxGroup, Equal Ventures and Cathay Innovation.

Tech & App Stack

7 technologies & apps tracked

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Funding History

Series BSeries BApr 2024
$23.0M

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Investors

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