Best Energy Efficiency Tech Companies in Maryland, United States
The 36 best Energy Efficiency Tech companies in Maryland, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Blue Pillar.
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.
Ranked: Best Energy Efficiency Tech companies in Maryland
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Blue Pillar Industrial IoT connectivity platform for managing, monitoring, and controlling distributed equipment | $42M | 89 mo ago | Acquired | — | 2006 | — | 17 patents Monitoring, testing, and predictive analytics for emergency power supplies and industrial automation security | — |
| 2 | Dwellwell AI & IoT-driven property maintenance management solutions | $12M | 30 mo ago | Seed | Dan Simpkins Founder and CEO | 2018 | — | — | — |
| 3 | Sparks Dynamics Online casino offering slots, live tables, sports betting, and tournaments | $3M | 104 mo ago | Series A | George Privalov Co-Founder & CTO | 2014 | — | — | — |
| 4 | JumpLights Provider of LED lighting system for horticulture farming | $2M | 16 mo ago | Seed | John Peeler CEO | 2018 | WordPressMySQLPHP+31 | 3 patents LED lighting assemblies using bent PCBs for compact, high‑efficiency fixtures | 1 partnership |
| 5 | MF Fire Manufacturer of wood stoves for room heating purposes | $1M | 18 mo ago | Seed | Paul Laporte CEO | 2014 | Cart FunctionalityWooCommerceWordPress+33 | 24 patents Networked GPS‑tracked spray systems delivering eco‑friendly fire‑retardant chemicals for wildfire protection | — |
| 6 | Datakwip AI and SaaS driven facility analytics solutions | $1M | 58 mo ago | Seed | — | 2015 | — | 11 patents Real-time monitoring and optimization of building facility performance and operations | — |
| 7 | Whisker Labs Provider of sensor hardware and software infrastructure 55Customers top 18%Growth top 26%Patents top 37%Moat top 38% All 10 signals ▾Customerstop 18% Growthtop 26% Patentstop 37% Moattop 38% Producttop 42% Innovationtop 43% Fundingtop 46% Techtop 50% Globalbottom 40% Marketbottom 37% Customers: Play-Store rating 4.74★ across 7,082 ratings (1 apps) · Review volume +37% in 6 mo Growth: Headcount 26 → 43 (+65%) across vintages · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 55/100 | $250K | 4 mo ago | Acquired | — | 2014 | WordPressApple iCloud MailMicrosoft 365+27 | 37 patents Electrical fault detection and power quality monitoring for fire prevention in wiring | — |
| 8 | Optimized Thermal Systems Thermal system design and simulation software for HVAC and refrigeration | $186K | 86 mo ago | Funding Raised | — | 2002 | WordPressPleskMySQL+18 | — | — |
Top 9 Energy Efficiency Tech companies in Maryland
#1
Acquired · Germantown, Maryland · founded 2014 · 43 employees$250Kraised▾
Provider of sensor hardware and software infrastructure. The platform enables energy data to be collected and consumed through its solutions. The solutions are provided for homeowners. It provides home intelligence technologies that detect and alert homeowners to electrical fire hazards across the home.
- Apr 2026Series C$6.6M
- Nov 2021Series C—
- Dec 2020Conventional Debt$4.7M
- Nov 2019Series B—
#2
Seed · Gaithersburg, Maryland · founded 2018 · 4 employees$1.9Mraised▾
Provider of LED lighting system for horticulture farming. It offers greenhouse and Indoor cultivation lighting. It also provides grow lights for cannabis farming.
- May 2025Seed$1.3M
- Jun 2023Conventional Debt$600K
#3
Seed · College Park, Maryland · founded 2014 · 5 employees$1.5Mraised▾
MF Fire is a manufacturer of wood stoves for room heating purposes. It offers wood-burning stoves called Catalyst, Delta, Nova, and Nova Tower. Also, offers a smartphone app called Catalyst Smart app to remotely control the stove.
- Mar 2025Grant (prize money)$989.6K
- Nov 2017Seed$1.2M
- Dec 2016Seed$285K
- Jul 2015Grant (prize money)—
#4
Seed · Bethesda, Maryland · founded 2018 · 18 employees$12Mraised▾
AI & IoT-driven property maintenance management solutions. Their solutions monitor & report on the residential systems (including HVAC, electrical, plumbing & environmental concerns). It provides a sensor to view the operation & performance of a portfolio of single-family homes or multi-family buildings. Features include property reports, alerts, data-driven maintenance decisions, operations optimization & more.
- Feb 2024Seed—
- Apr 2022Seed$12M
#5
Acquired · Frederick, Maryland · founded 2006 · 42 employees$41.8Mraised▾
Industrial IoT connectivity platform for managing, monitoring, and controlling distributed equipment. They connect industrial equipment to the internet, providing data for managing, monitoring, and controlling equipment and devices. This enables the creation of flexible and scalable solutions. They optimize connecting distributed equipment from acquisition to storage, access, and control. By leveraging platform technology, security, scalability, and standards, they eliminate the complexity of implementing Industrial IoT infrastructure. This allows clients to build and deliver solutions that connect distributed devices and equipment. They offer a flexible and scalable approach to meet clients' current needs and future goals. Intelligent data processing and management create a resilient network of distributed assets, reliably connected and maintained with flexibility for critical environments and use cases. Their solutions include platform services and connectivity, focusing on simplifying the deployment and maintenance of IoT connectivity. This is a B2B tech company offering a SaaS platform.
- Mar 2019Conventional Debt$3.1M
- Aug 2018Series C$1.7M
- Dec 2016Series C$10.3M
- Jun 2016Conventional Debt$3M
#6
Series A · Middle River, Maryland · founded 2014 · 5 employees$3Mraised▾
Online casino offering slots, live tables, sports betting, and tournaments. It provides a multilingual platform with diverse payment options and supports multiple currencies, holding a license from Curaçao. The platform features a vast library of games, including slots and live dealer options, alongside a comprehensive sportsbook covering numerous sports. Users can register, verify their accounts, and access bonuses. The site offers alternative access through mirrors to bypass restrictions, ensuring continuous gameplay. It provides mobile accessibility via a mobile site and dedicated applications for both iOS and Android. The platform emphasizes security with data encryption and promotes responsible gaming. It also features a loyalty program with VIP status tiers, offering enhanced benefits.
- Jan 2018Series A$2M
- Nov 2017Seed$1M
#7
Seed · Frederick, Maryland · founded 2015 · 10 employees$1Mraised▾
AI and SaaS driven facility analytics solutions. It allows users to manage data analytics solutions, build real time reports, and manage automation solutions. It enables users to build predictive models using machine learning technologies and provides actionable insights. It offers analytics solutions for commercial, hospitals, industrial, government and education industries.
- Nov 2021Seed$750K
- May 2020Conventional Debt$600K
- Apr 2020Seed$250K
#8
Funding Raised · Beltsville, Maryland · founded 2002 · 15 employees$185.8Kraised▾
Thermal system design and simulation software for HVAC and refrigeration. The company provides software solutions that transform thermal system design and development. Their offerings include tools for coil simulation, vapor compression cycle design, and refrigerant property enhancement. These software products aim to shorten product development cycles and reduce associated costs, empowering engineers to innovate more effectively. The company caters to the HVAC and refrigeration industries, offering vital resources for optimizing thermal systems. Their software suite supports various aspects of thermal engineering, from simulating coil performance to designing complex vapor compression cycles. The company's products enhance existing databases with crucial refrigerant properties, making them a valuable asset for professionals in the field.
- Jul 2019Grant (prize money)$185.8K
- Jul 2016Grant (prize money)—
#9
Seed · Baltimore, Maryland · founded 2011$45Kraised▾
Empowers consumers and businesses to make informed energy decisions. The company operates a platform designed to guide users toward optimal energy choices, fostering a greener and more sustainable future. It partners with leading energy providers to showcase competitive rates and benefits. The platform utilizes technology, performance marketing, and customer experience to deliver a seamless user experience. It offers a comparison platform that enables users to make economical and sustainable choices. The company focuses on providing reputable, industry-leading options to its customers, helping them understand their energy options and make the best decisions for their homes and businesses. The platform is a conversion machine, continuously refined through testing and learning.
- Sep 2016Seed$45K
Funding & investor landscape
Notable founders
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
What Maryland researches in energy efficiency
- University of Maryland, College Park33
- University of Maryland Center for Environmental Science3
- University of Maryland, Baltimore2
- University of Maryland Eastern Shore2
- University of Maryland, Baltimore County1
Common questions
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.