Home Efficiency Startup PlotWatt Raises $3 Million

▤ Summary

Founded in 2008, the company provides smart meter data analysis to help people lower their energy bills. Last year Felicis Ventures invested in a $1 million seed round alongside the companys $100,000 grant from GEs Ecomagination Challenge. Acorn Innovestments, a North Carolina-based angel investment and real estate firm, participated in the latest round. The companys goal is to educate consumers on the energy they use and its costs and then go beyond generic energy-saving tips to specific, personalized and useful ones. Multi-location establishments like chain restaurants can pay to use PlotWatts analysis and recommendations to lower their energy costs.

$ Funding

▦ Linked Companies