David Energy

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Power company that sells retail electricity and helps customers manage energy consumption and generate savings

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Power company that sells retail electricity and helps customers manage energy consumption and generate savings

Power company that sells retail electricity and helps customers manage energy consumption and generate savings

 
 

COMPANY OVERVIEW

Founded: 2019

Headquarters: Brooklyn, NY

Company Size: 11-50 employees

Funding Stage: Series A

David Energy is a software-enabled retail electricity provider, sourcing clean and affordable energy for customers. The company sells electricity and integrates with their customers' energy devices (e.g. thermostats, heat pumps, EVs, solar and battery systems) in order to optimize energy consumption. In doing so, the company realizes significant bill savings and minimizes scope 2 emissions by helping customers avoid electricity when it is most expensive and the grid is at its dirtiest. Any value David Energy generates through its load management programs, such as demand response, is subsequently shared, ensuring the Company's incentives are aligned with their customers'.


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