Swell Energy

Solar, Storage, and VPP - Home Energy Systems

Santa Monica, United States · Founded 2014 · $128.0M raised

Employees
1–10
Founded
2014
Business Model
B2C
Total Funding
$128.0M
Last Round
$120.0M Series BNov 2022
Rounds
2

About

Swell Energy helps homeowners and businesses achieve energy independence through residential solar installation, home battery storage, and virtual power plant (VPP) programs. Based in Santa Monica, California, Swell partners with utilities across the US to aggregate smart energy devices into VPPs, offering its Swell Compass platform to monitor and optimize energy systems.

Summary

Swell Energy is a Climate Tech company based in Santa Monica, United States, founded in 2014. It has raised $128.0M in total across 2 rounds, most recently a $120.0M Series B round in Nov 2022. Investors include SoftBank, SkyLab Ventures and Greenbacker Development.

Tech & App Stack

5 technologies & apps tracked

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Funding History

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Series BSeries BNov 2022
$120.0M

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Series A through Series B — per-round amounts, valuations, and who invested in each round.

Investors

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