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Radar · Energy Efficiency Tech in Boston

Best Energy Efficiency Tech Companies in Boston, United States

The 41 best Energy Efficiency Tech companies in Boston, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Enel X.

41companies tracked
$547.1Mdisclosed funding
0unicorns
22have raised
FLIAR INTELLIGENCE · ENERGY EFFICIENCY TECH × BOSTON

Our analysis of 50 Energy Efficiency Tech companies

$7.8b in tracked funding; 86% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.

50companies analysed
86%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2014median founding year
477kcombined LinkedIn audience
94%of audience held by top 3
2companies hiring publicly (12 mo)

Ranked: Best Energy Efficiency Tech companies in Boston

#CompanyDisclosed fundingLast roundStageEmployeesFoundedFounderPatents & IP focusRecent signals
1Enel X
Developer of utility-scale renewable energy projects
$168M68 mo agoAcquired5132001———
2Lucidity Lights
Contract based manufacturer of lights
$95M55 mo agoSeries D312012John Goscha
Founder
68 patents
Patents concentrated in electrical & electronics
—
3Voltus
Provider of demand response solutions for industrial and commercial applications
$66M63 mo agoSeries C172
172 → 286 (+66%)
2016Dana Guernsey
Co-Founder & CEO
——
4Digital Lumens
Intelligent LED based lighting solutions
$61M142 mo agoAcquired50
50 → 42 (-16%)
2008—154 patents
Smart, network‑controlled modular lighting systems with adaptive illumination and mesh routing optimization
1 partnership
5enVerid
Provider of energy-saving HVAC solutions for heating, ventilating, and air conditioning systems
$49M39 mo agoSeries B312010Christian Weeks
Chief Executive Officer
——
6WindESCo
Provider of IoT-enabled sensor solutions for wind turbines
$26M37 mo agoSeries B17
17 → 10 (-41%)
2012—24 patents
Coordinated yaw control systems optimizing wind turbine alignment for farm-wide efficiency
—
7Essess
Energy efficiency software & services
$11M141 mo agoDeadpooled—2011Thomas Scaramellino
President & CEO
4 patents
Non-destructive structural health monitoring using thermal imaging and analysis algorithms.
—
8Tetra
Provider of air conditioning, boiler & furnace replacement and HVAC installation services
$10M32 mo agoSeed232021Max Veggeberg
CEO
55 patents
Pet nutrition and health formulations, including palatable pet foods and antifungal treatments
—
9Ecovent Systems
Wirelessly control room heating vents
$10M131 mo agoAcquired152012———
10Pascal
Manufacturer of solid refrigerants for HVAC systems
$8M27 mo agoSeed62023Adam Slavney
Co-Founder & CEO
10 patents
Electronic vaping devices and safety caps for liquid containers
—
11Retroficiency
SaaS-driven data analytics for C&I customers
$7M162 mo agoAcquired402009Bennett Fisher
Ex-CEO & Co-Founder
4 patents
Virtual building energy performance assessment and optimization using digital twin modeling
—
12Altus Thermal
Provider of residential water heating and cooling solutions
$7M32 mo agoSeries A72019Michael Rigney
CEO & Cofounder
6 patents
Smart control algorithms for electric resistance and heat‑pump water heaters
—
13MyEnergy
Provider of solutions to help consumers to switch electricity suppliers
$6M187 mo agoAcqui-Hired2002007Ben Bixby
CEO
——
14Propexo
Ofers a unified API for integration leading property management systems
55Talent top 35%Funding top 45%Global bottom 25%
All 3 signals ▾
Talenttop 35%
Fundingtop 45%
Globalbottom 25%
Talent: 3 named leaders on record
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr)
rank vs industry peers · Fliar Intelligence Index 55/100
$5M11 mo agoSeries A—2022Remen Okoruwa
Co-Founder & CEO
—1 launch
15wegowise
WegoWise is a web-based utility analytics platform that integrates big data with energy efficiency for the…
$5M159 mo agoAcquired502010———
16Energy Points
Marketplace for premium domain names, offering secure transactions and brand alignment
$4M144 mo agoDeadpooled112011Ory Zik
Founder
——
17Embue
Provider of a cloud-based platform for building maintenance management
$4M45 mo agoSeed182007———
18Off Grid Box
Off-grid power solution developer using solar energy
$2M96 mo agoSeed142013———
19NEMOmetrics
Provider of energy monitoring, equipment diagnostics, and indoor location technology
$2M203 mo agoFunding Raised—1998Elmer Lupton
CEO
——
20Vecarius
Provider of heat recovery solutions for energy management systems
$968K155 mo agoFunding Raised32009Steve Casey
President & CEO
14 patents
Thermoelectric modules for waste‑heat recovery and solid‑state cooling applications.
—
21Aerogel Technologies
Develop and manufacture monolithic aerogel materials
$225K74 mo agoFunding Raised92004—12 patents
Manufacturing porous polymer and silica aerogel structures for lightweight insulation and filtration
—

Top 12 Energy Efficiency Tech companies in Boston

#1
Series A · Boston, Massachusetts · founded 2022
$5Mraised
▾

Ofers a unified API for integration leading property management systems. The platform enables users to manage time and revenue. It helps in managing customers through its property managing features.

Fliar Intelligence Index™ 55how this company ranks against its industry peers
Talent
top 35%
Funding
top 45%
Global
bottom 25%
Talent: 3 named leaders on record
Funding: Raised $5.0M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) · Last round Series A (Sep 2025)
Global: Single-market focus (United States)
Audience (LinkedIn): 2k LinkedIn followers
Activity (LinkedIn): 2 product launches announced in 12 mo
Funding rounds
  • Sep 2025Series A$5M
Founders & team
Remen OkoruwaCo-Founder & CEONickolas JohnsonCo-Founder & CTOBen KellerCo-founder & COO
#2
Series B · Boston, Massachusetts · founded 2010 · 31 employees
$48.9Mraised
▾

Provider of energy-saving HVAC solutions for heating, ventilating, and air conditioning systems. It offers(HLR) HVAC Load Reduction, a family of retrofit modules that remove carbon dioxide, volatile organic compounds, and other trace contaminants. The HLR solution minimizes the amount of outside air required to maintain indoor air quality, reducing the load on the HVAC system and resulting in significant energy savings.

Funding rounds
  • May 2023Series B$13.9M
  • Nov 2020Grant (prize money)—
  • Mar 2020Series B$20M
  • Mar 2016Series B$10M
Founders & team
Christian WeeksChief Executive Officer
Investors
Building Ventures, Ajax Strategies, Breakthrough Energy, OurCrowd, DOE, Leumi Partners
#3
Series B · Boston, Massachusetts · founded 2012 · 17 employees
$26.4Mraised
▾

Provider of IoT-enabled sensor solutions for wind turbines. It uses smart sensors, optimization algorithms, M2M communication, and IoT cloud computing to make the turbine more efficient. It has developed a platform that analyzes how wind farm operators measure and utilize the wind to maximize performance while protecting major components from damage.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 6k LinkedIn followers
Activity: 2 partnerships (incl. ABB) announced in 12 mo
Funding rounds
  • Jul 2023Series B$9M
  • Feb 2022Series B$4M
  • Apr 2020Series B$10M
  • Feb 2020Series A$5.3M
Investors
ABB, WAVE Equity Partners, Tenaska, Phoenix Contact Innovation Ventures, UPC Capital Ventures
#4
Seed · Boston, Massachusetts · founded 2023 · 6 employees
$8Mraised
▾

Manufacturer of solid refrigerants for HVAC systems. The technology aims to transform HVAC systems and make cooling and heating more sustainable.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Hiring: 2 hiring posts in 12 mo (public) · momentum +2 · hiring: Thermo Equipment Design Engineer, Business Operations Manager
Funding rounds
  • May 2024Seed$8M
Founders & team
Adam SlavneyCo-Founder & CEOGareth RossCo-FounderJarad MasonCo-Founder
Investors
Engine Ventures, Khosla Ventures, Blindspot Ventures
Tech stack
CloudflareGoogle AnalyticsGoogle Font ApiGoogle Hosted LibrariesGoogle WorkspaceHsts
#5
Acquired · Boston, Massachusetts · founded 2001 · 513 employees
$168Mraised
▾

Developer of utility-scale renewable energy projects

LinkedIn Pulse recent public activity · Jul 2026
Audience: 232k LinkedIn followers — 48.7% of this cohort's audience
Funding rounds
  • Jan 2021Grant (prize money)$279K
  • Sep 2020Grant (prize money)—
  • Feb 2020Grant (prize money)$1M
  • Jun 2019Grant (prize money)$418.7K
Investors
Foundation Capital, Braemar Energy Ventures, DFJ, NAV.VC, Masscec, Europa
Tech stack
Adobe AnalyticsAdobe Audience ManagerAdobe Client Data LayerAdobe Experience ManagerAdobe Experience Platform Identity ServiceAdobe Experience Platform Launch
#6
Series D · Boston, Massachusetts · founded 2012 · 31 employees
$95.3Mraised
▾

Contract based manufacturer of lights

Funding rounds
  • Jan 2022Series D$365K
  • Mar 2018Series D$43.6M
  • Jan 2017Series C$15.2M
  • Mar 2014Series B$27.6M
Founders & team
John GoschaFounder
Investors
Open Capital, ACE Ventures
Tech stack
AngularAzureCart FunctionalityCore-JsGoogle AnalyticsGoogle Font Api
#7
Seed · Boston, Massachusetts · founded 2021 · 23 employees
$10.5Mraised
▾

Provider of air conditioning, boiler & furnace replacement and HVAC installation services

Funding rounds
  • Dec 2023Seed$10.5M
Founders & team
Max VeggebergCEO
Investors
Greycroft, Gutter Capital, Lerer Hippeau, 1Sharpe, Interplay
Tech stack
AmplitudeCdnjsCloudflareCore-JsElfsightEmotion
#8
Series A · Boston, Massachusetts · founded 2019 · 7 employees
$6.6Mraised
▾

Provider of residential water heating and cooling solutions. It provides solutions for maximizing performance and for better integration with intermittent renewables and other distributed energy resources, enabling residents to efficiently and cost-effectively electrify their homes.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 3k LinkedIn followers
Hiring: 1 hiring post in 12 mo (public) · hiring: Mechanical Engineer II
Funding rounds
  • Dec 2023Series A$5.3M
  • Oct 2022Seed$550K
  • Apr 2022Seed$772.5K
  • 2021Seed—
Founders & team
Michael RigneyCEO & Cofounder
Investors
Climate Capital, Greentown Labs
#9
Series C · Boston, Massachusetts · founded 2016 · 172 employees
$66.2Mraised
▾

Provider of demand response solutions for industrial and commercial applications. It has the capability to reduce energy costs by managing participation in demand response programs. It installs Voltlet on each site which provides real-time energy visibility and control and predicts peak demands of the electric grid when costs of electrical energy are higher and manages the demand response accordingly.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 21k LinkedIn followers — 4.5% of this cohort's audience · 167 engagements/post (24.9× cohort median)
Activity: 1 partnerships (incl. Google) announced in 12 mo
Funding rounds
  • May 2021Series C$31.1M
  • Oct 2020Series B$25M
  • Nov 2017Series A$10.1M
Founders & team
Dana GuernseyCo-Founder & CEONeil LakinCo-Founder & Chief Technology OfficerMatthew PlanteCo-Founder
Investors
NGP Energy Technology Partners, Prelude Ventures, Ajax Strategies, Activate Capital, HEPCO Capital Management, NGP
Tech stack
Amazon SesAmazon Web ServicesApple Icloud MailCloudflareCloudflare Bot ManagementEmotion
#10
Acquired · Boston, Massachusetts · founded 2008 · 50 employees
$60.6Mraised
▾

Digital Lumens provides high efficiency industrial grade LED lighting along with cloud and onsite management software and terminals. Their Lightrules software provides cloud based control, metering, analytics and scheduling of all of their lighting fixtures. Their High Bay intelligent fixtures provide features such as: occupancy sensing, daylight sensing, power metering and onboard intelligence to maximize efficiency along with integration with their cloud services. They also offer Digital Light Agents (DLAs) which make all fixtures compatible with their cloud based device management software

LinkedIn Pulse recent public activity · Jul 2026
Audience: 8k LinkedIn followers
Activity: 2 product launches · 1 partnerships (incl. SiteWorx Certified Partner Program) announced in 12 mo
Funding rounds
  • Oct 2014Series C$23M
  • Jan 2013Series B$10M
  • Apr 2011Series B$10M
  • Dec 2009Series A$5M
Investors
Flybridge Capital Partners, Black Coral Capital, Aster, Goldman Sachs, NGP Capital
Tech stack
WordpressMysqlPhpYoast Seo PremiumYoast SeoSite Kit
#11
Seed · Boston, Massachusetts · founded 2007 · 18 employees
$4Mraised
▾

Provider of a cloud-based platform for building maintenance management. The company's platform delivers building automation and analytics with a portfolio-wide dashboard and in-building network of smart devices to owners and managers of large apartment buildings, enabling them to receive alerts and remote control devices from anywhere and anytime.

LinkedIn Pulse recent public activity · Jul 2026
Audience: 1k LinkedIn followers
Activity: 2 expansions announced in 12 mo
Funding rounds
  • Nov 2022Seed$2.3M
  • Oct 2013Seed$250K
  • May 2013Seed$150K
  • Aug 2010Seed$1.2M
Investors
Masscec, Shadow Ventures, Atlanta Ventures, Avesta Fund, Denver Investment, Leder Investments
Tech stack
AngularCart FunctionalityCloudflareCore-JsGoogle AnalyticsGoogle Font Api
#12
Acquired · Boston, Massachusetts · founded 2012 · 15 employees
$9.9Mraised
▾

ecoVent makes a smart, wireless, HVAC zoning system that allows room by room temperature control in the home. ecoVent tackles the problem of heating/cooling rooms which are not being used, by redirecting airflow to where it’s actually needed. Its wireless vents are open or close based on the real temperature and humidity conditions of each room. Built-in motion sensors recognise when the room is empty, so there’s no need to heat or cool empty rooms.

Funding rounds
  • Sep 2015Series A$7.1M
  • Oct 2014Seed$2.8M
  • May 2014Venture Debt$605K
Investors
Otter Consulting, Techstars, Emerson Electric, Tamarisc, Right Side Capital Management, Alumni Ventures
Tech stack
NginxHttp/3

Funding & investor landscape

$547.1Mtotal disclosed funding
21companies funded
67disclosed rounds
0rounds last 90 days
Most active investors
Greentown Labs4 rounds
Masscec3 rounds
National Science Foundation3 rounds
Techstars3 rounds
Activate Capital2 rounds
Ajax Strategies2 rounds
Elemental2 rounds
MassChallenge2 rounds
PJC2 rounds
Right Side Capital Management2 rounds

Notable founders

Remen Okoruwa
Co-Founder & CEO · Propexo
Nickolas Johnson
Co-Founder & CTO · Propexo
Christian Weeks
Chief Executive Officer · enVerid
Adam Slavney
Co-Founder & CEO · Pascal
Gareth Ross
Co-Founder · Pascal
John Goscha
Founder · Lucidity Lights
Max Veggeberg
CEO · Tetra
Michael Rigney
CEO & Cofounder · Altus Thermal
Dana Guernsey
Co-Founder & CEO · Voltus
Neil Lakin
Co-Founder & Chief Technology Officer · Voltus
Thomas Scaramellino
President & CEO · Essess
Bennett Fisher
Ex-CEO & Co-Founder · Retroficiency
Prism market signals · United States · country-scoped Prism corpus, 1,608,968 docs

Market landscape — 10 sub-themes by coverage

Share of Energy Efficiency Tech coverage by sub-theme.

Regulatory-risk over time rising

Funding & growth over time

funding rising · growth rising

RESEARCH SIGNALS · United States

How research on Energy Efficiency & Buildings is moving in the United States

A read on the academic research around Energy Efficiency & Buildings — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,722 United States-affiliated papers.

research sentiment over time
200820172026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 29% → 55% across 2008–2026.
top research entities
  • Purdue University West Lafayette140
  • Oak Ridge National Laboratory127
  • National Laboratory of the Rockies80
  • Georgia Institute of Technology53
  • Electric Power Research Institute53
leading researchers
Bo Shen · Xiaobing Liu · Mo–Yuen Chow · Peter L. Munk · Van Baxter · Osama A. Mohammed · Lingfeng Wang · USDOE Office of Energy Efficiency and Renewable Energy (EERE), Energy Efficiency Office. Building Technologies Office
▲ Breakthroughs565 · 21%
▲ 13%→26% share
▲2.0× share momentum2 median citations56% since 2021mostly methods-led
Breakthroughs are rising (13%→26% of field), led by Radiative cooling.
rising sub-themes (early→recent)
  • Radiative cooling1→50
  • Passive cooling7→42
  • Emissivity1→26
  • Renewable energy14→38
  • Thermal6→27
Newly emergingRadiative transfer 0→24 · Model predictive control 0→13 · Coating 0→9
Landmark Scalable-manufactured randomized glass-polymer hybrid metamaterial for daytime radiative cooling · 2,273 cites
◆ Advancements1,609 · 59%
▼ 65%→55% share
▼0.8× share momentum2 median citations40% since 2021mostly methods-led
Advancements are cooling (65%→55% of field), led by Radiative cooling.
rising sub-themes (early→recent)
  • Radiative cooling10→39
  • Renewable energy63→89
  • Energy storage22→48
  • Photovoltaic system35→53
  • Thermal35→53
Newly emergingSetpoint 0→6 · Workflow 0→5 · Daytime 0→5
Landmark Terrestrial radiative cooling: Using the cold universe as a renewable and sustainable energy source · 791 cites
▼ Concerns253 · 9%
▼ 10%→9% share
▼0.9× share momentum2 median citations45% since 2021mostly empirical
Concerns are cooling (10%→9% of field), led by Renewable energy.
rising sub-themes (early→recent)
  • Renewable energy7→17
  • Electricity2→9
  • Heat pump40→47
  • Energy management14→18
  • Microgrid2→6
Newly emergingRefrigerant 0→7
Landmark Battery Management System: An Overview of Its Application in the Smart Grid and Electric Vehicles · 927 cites
RESEARCH HOTSPOTS · United States

Where energy efficiency is researched across United States

Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.

SF Bay Area82 · +0.49
Hot · Passive coolingAdvancing · Radiative coolingOpportunity · Electric power systemConcern · Heat exchanger
Boston70 · +0.56
Hot · AdsorptionAdvancing · MicrogridOpportunity · Convergence (economics)Concern · Heat pump
Atlanta57 · +0.56
Hot · Waste heatAdvancing · Heat sinkOpportunity · Condenser (optics)
New York34 · +0.55
Hot · Thermal emittanceAdvancing · Radiative transferOpportunity · Climate change
Los Angeles31 · +0.65
Hot · Thermoelectric effectAdvancing · Thermoelectric coolingOpportunity · Thermal emittance
Philadelphia26 · +0.50
Hot · Radiant coolingAdvancing · Air conditioningOpportunity · Renewable energy
San Diego21 · +0.64
Hot · Demand responseAdvancing · Energy consumption
Austin21 · +0.58
Hot · BoreholeAdvancing · Air source heat pumpsOpportunity · ASHRAE 90.1
Pittsburgh18 · +0.46
Hot · Air conditioningAdvancing · Thermal comfortOpportunity · Passive coolingConcern · Electricity
Ann Arbor15 · +0.49
Hot · Energy managementAdvancing · Energy management systemOpportunity · Heat pump
PATENT SIGNAL · United States

Who's filing energy efficiency patents in the United States

United States energy efficiency patent filing is accelerating — 3,337 filings from 1,859 assignees (2016–2025), led by Carrier, Intel, Rheem MFG; annual filings 315→449.

3,337 filings1,859 assigneespeak 470/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
  • Carrier430
  • Intel178
  • Rheem MFG177
  • General Electric172
  • Johnson Controls TECH123
  • Haier US Appliance Solutions108
  • FORD Global TECH108
  • Lennox IND79

Common questions

How many Energy Efficiency Tech companies are there in Boston, United States?
Radar tracks 41 indexable Energy Efficiency Tech companies headquartered in Boston, United States that meet our profile-completeness bar.
What is the total funding raised by Energy Efficiency Tech companies in Boston, United States?
The Energy Efficiency Tech companies in Boston, United States on this list have raised a combined $547.1M in disclosed equity funding across 21 funded companies.
Which is the highest-funded Energy Efficiency Tech company in Boston, United States?
Enel X is the highest-funded Energy Efficiency Tech company in Boston, United States, with $168M in disclosed equity funding.
How many Energy Efficiency Tech companies in Boston, United States are funded?
21 of the 41 Energy Efficiency Tech companies in Boston, United States on this list have disclosed at least one equity funding round.
How many Energy Efficiency Tech unicorns are there in Boston, United States?
None of the Energy Efficiency Tech companies in Boston, United States on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in Boston, United States Energy Efficiency Tech companies?
The most active investors in Boston, United States Energy Efficiency Tech companies on this list include Greentown Labs, Masscec, National Science Foundation, Techstars, Activate Capital.
Rohit KhannaTrends & Stories

Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.

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