Best Smart Grid Companies in Massachusetts, United States
The 36 best Smart Grid companies in Massachusetts, United States in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Sense.
Ranked: Best Smart Grid companies in Massachusetts
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|
| 1 | Sense Smart energy platform providing real-time electricity usage insights for homes and utilities 60Patents top 21%Funding top 23%Customers top 26%Moat top 26% All 12 signals ▾Patentstop 21% Fundingtop 23% Customerstop 26% Moattop 26% Innovationtop 27% Producttop 33% Talenttop 33% Techtop 36% Growthtop 37% Globaltop 50% Marketbottom 40% Fin. healthbottom 17% Patents: 114 patents matched (strict assignee match) · 60 filings since 2022 vs 44 in 2017-21 Funding: Raised $195M across 5 rounds · 5 rounds over 11 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $195M | 7 mo ago | 120 120 → 106 (-12%) | Mike Phillips Co-founder | WordPress Block EditorWordPressPlesk+36 | Top 5M | 114 patents Smart electric meter and grid analytics for device identification and power event detection | — |
| 2 | Enel X Developer of utility-scale renewable energy projects | $168M | 68 mo ago | 513 | — | Adobe Experience ManagerJavaGraphQL+25 | Top 500k | — | — |
| 3 | Voltus Provider of demand response solutions for industrial and commercial applications | $66M | 64 mo ago | 172 172 → 286 (+66%) | Dana Guernsey Co-Founder & CEO | WebflowApple iCloud MailGoogle Workspace+23 | Top 5M | — | — |
| 4 | Gridco Systems Online casino offering sports betting, games, and lottery services | $55M | 119 mo ago | 34 | — | — | — | — | — |
| 5 | LineVision Provider of AI and cloud-driven optical sensor-based solutions for grid network monitoring | $48M | 47 mo ago | 78 | Jonathan Marmillo Co-Founder | WebflowApple iCloud MailGoogle Workspace+22 | Top 10M | 22 patents Power transmission line monitoring and tower mounting using optical and sensor technologies | — |
| 6 | Excelergy Billing and customer care software for competitive retail energy markets | $38M | 307 mo ago | 45 | Bill Mahoney CEO & President | — | — | — | — |
| 7 | Millennial Net Wireless energy management systems and Sensor network systems | $21M | 267 mo ago | 2 | — | — | — | — | — |
| 8 | ConnectM Network of companies delivering equipment, mobility, and distributed energy solutions | $12M | 54 mo ago | 34 | Bhaskar Panigrahi Founder & Co-CEO | WordPress Site EditorWordPressMySQL+17 | Top 10M | — | 1 expansion |
| 9 | Vertical Semiconductor Developer of vertical GaN technology for power electronics applications | $11M | 11 mo ago | — | Josh Perozek CTO & Co-Founder | — | — | — | — |
| 10 | Tempus Energy Demand management by using electricity during non peak hours at cheap rates | $8M | 84 mo ago | 29 | — | — | — | — | — |
| 11 | Retroficiency SaaS-driven data analytics for C&I customers | $7M | 162 mo ago | 40 | Bennett Fisher Ex-CEO & Co-Founder | — | — | 4 patents Virtual building energy performance assessment and optimization using digital twin modeling | — |
| 12 | Nexus Energy Software Strategic energy solutions provider, turning uncertainty into opportunity for businesses | $6M | 269 mo ago | 92 | — | Apple iCloud MailMicrosoft 365VideoJS+5 | Top 10M | — | — |
| 13 | Ambient Corp Communication, nodes and platform | $5M | 188 mo ago | 18 | Kirthika Hks CEO | — | — | 231 patents AI-powered medical imaging diagnostics and machine‑learning based physical security monitoring | — |
| 14 | Energy Points Marketplace for premium domain names, offering secure transactions and brand alignment | $4M | 144 mo ago | 11 | Ory Zik Founder | — | — | — | — |
| 15 | Heila Technologies Provider of energy solutions for data centers, industrial, and home | $2M | 74 mo ago | 21 | — | — | — | — | — |
| 16 | Gaiascope Develops machine learning based analytics products for power industry | $2M | 61 mo ago | 9 | Lauren Kuntz Co-Founder & CEO | WordPressMySQLPHP+11 | Top 50M | — | — |
| 17 | Actual Energy Provider of solutions to measure energy usage | $2M | 52 mo ago | 27 | Mark Finley CEO | — | — | — | — |
| 18 | Sho-Me Power Electric Operator of an electric cooperative providing power and optical network services | $2M | 192 mo ago | 111 | Jason Marshall Co-CEO | DrupalApple iCloud MailMicrosoft 365+17 | Top 10M | — | — |
| 19 | NewGrid Topology control to avoid congestion in transmission lines | $125K | 102 mo ago | 7 | — | WordPress Block EditorElementorWordPress+26 | Top 50M | — | — |
| 20 | Helix Power IoT-enabled building energy management system | $100K | 58 mo ago | 4 | — | WixSentryVimeo+12 | Top 50M | — | — |
Top 12 Smart Grid companies in Massachusetts
#1
Series D · Cambridge, Massachusetts · founded 2013 · 120 employees$194.6Mraised▾
Smart energy platform providing real-time electricity usage insights for homes and utilities. It uses smart sensors and data analytics to deliver real-time electricity usage insights for homes, utilities, and energy partners. It helps users understand and reduce energy consumption, improve efficiency, and support grid reliability by providing high-resolution monitoring and behavioral energy insights aimed at lowering carbon emissions and accelerating the energy transition.
- Jan 2026Series D—
- Apr 2022Series C$127.6M
- Sep 2021Series B—
- Aug 2019Series B$29.9M
#2
Seed · Cambridge, Massachusetts · founded 2024$11Mraised▾
Developer of vertical GaN technology for power electronics applications. The company focuses on enabling higher density and higher efficiency power converters. Its technology addresses applications from grid infrastructure to data centers. The company's approach aims to bring vertical GaN technologies to a scalable manufacturing platform. The technology targets improvements in power density and efficiency for modern power systems.
- Oct 2025Seed$11M
#3
Acquired · Boston, Massachusetts · founded 2001 · 513 employees$168Mraised▾
Developer of utility-scale renewable energy projects
- Jan 2021Grant (prize money)$279K
- Sep 2020Grant (prize money)—
- Feb 2020Grant (prize money)$1M
- Jun 2019Grant (prize money)$418.7K
#4
Series C · Somerville, Massachusetts · founded 2018 · 78 employees$47.6Mraised▾
Provider of AI and cloud-driven optical sensor-based solutions for grid network monitoring. The platform offerings include LineAware - which offers situational awareness solutions, LineRate - which leverages machine learning to provide forecasted line rating, LineHealth - which provides asset health monitoring solutions. Additionally, it offers pact monitoring services to monitor pipelines.
- Oct 2022Series C$33.1M
- Apr 2021Series B$12.5M
- Dec 2019Conventional Debt$2.3M
- Jan 2019Series A$2M
#5
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.
- May 2021Series C$31.1M
- Oct 2020Series B$25M
- Nov 2017Series A$10.1M
#6
Deadpooled · Woburn, Massachusetts · founded 2010 · 34 employees$54.5Mraised▾
Online casino offering sports betting, games, and lottery services. This is a comprehensive online platform providing a wide array of betting and gaming options. It features sports betting across numerous global leagues, a live casino experience with classic games, and various slot games. Lottery services are also available, offering users a chance to predict outcomes and win prizes. The platform emphasizes user-friendliness with an intuitive interface accessible on multiple devices, ensuring a seamless experience. Security is a priority, employing advanced encryption to protect user data and transactions. Customer support is available around the clock through multiple channels, ensuring prompt and effective assistance. The site also offers promotions and incentives to enhance user engagement and satisfaction. Registration, login, deposit, and withdrawal options are streamlined for ease of use.
- Oct 2016Series B$12M
- Jun 2014Series B$12M
- Nov 2013Series B$10M
- Apr 2012Series B$8M
#7
Public · Marlborough, Massachusetts · founded 2007 · 34 employees$12.1Mraised▾
Network of companies delivering equipment, mobility, and distributed energy solutions. The business powers enterprises to deliver next-generation solutions. It offers hardware and software services for electric vehicle fleet management and battery diagnostics. The business provides a digital platform automating back office functions and enabling cross-selling of distributed energy solutions. It licenses data to service providers so they can perform maintenance jobs. The business offers last mile delivery software facilitating the transport of heavy goods.
- Mar 2022Series A$2.1M
- Dec 2020Series A$4M
- Jun 2007Series A$6M
#8
Acquired · Lexington, Massachusetts · founded 1998 · 45 employees$38Mraised▾
Billing and customer care software for competitive retail energy markets. The company offers a fully integrated customer care, billing, and contract management software solution. This software supports multiple commodities throughout the entire customer lifecycle, from prospecting to customer acquisition, service, and billing, serving residential, commercial, and industrial markets. The software can be deployed in individual modules or as a pre-integrated solution, scaling with business needs. Application programming interfaces simplify third-party integration. The company enables accurate, timely, and flexible invoicing for electricity, gas, or any other commodity, accelerating collections and cash flow. It provides a flexible rating and calculation engine, call center management with secure browser-based access, and a self-service portal for customer views of usage, billing, and financial transactions.
- Feb 2001Series C$15M
- Nov 1999Series B$17.6M
- Mar 1999Series A$5M
#9
Acqui-Hired · Chelmsford, Massachusetts · founded 2000 · 2 employees$21Mraised▾
Wireless energy management systems and Sensor network systems. It offers wireless energy management systems which can save energy consumption. Products include thermostats, boiler controllers, temperature sensors, pulse counter, submeters, and gateways.
- May 2004Series B$15M
- Apr 2003Series A$6M
#10
Deadpooled · Worcester, Massachusetts · founded 2013 · 29 employees$8.2Mraised▾
Tempus Energy is an electricity supplier and technology company that uses demand-side flexibility to match customer’s consumption to lower cost electricity to help customers. Tempus Energy, plans to come in – buying the electricity at the half-hourly rates and passing those on to customers. It will advise them how to make the best use of the cheapest periods and avoid the most expensive ones and will install special equipment(thermostats) enabling it to switch their heating, fridges, washing machines and dishwashers on and off accordingly. Tempus Energy launches the UK's first flexible electricity supplier on 18th March 2015
- Aug 2019Series A—
- Dec 2015Series A$5.7M
- May 2015Seed$1.5M
- Apr 2015Seed$936.5K
#11
Seed · Sandwich, Massachusetts · founded 2020 · 27 employees$2.1Mraised▾
Provider of solutions to measure energy usage. It provides a platform to see when and how much energy users use and how pricing at each hour is derived. It also provides a peak demand alert system.
- Apr 2022Seed$1.1M
- Jul 2020Seed$1M
#12
Acquired · Boston, Massachusetts · founded 2009 · 40 employees$6.9Mraised▾
SaaS-driven data analytics for C&I customers. Provides energy analytics software that enables utilities and energy providers to drive deep commercial energy efficiency savings at scale. It is an Energy Intelligence platform that enables users to gain more control over their process assets by showing live data of their performance and linking them to the plant performance.
- Feb 2013Series A$2.7M
- Nov 2011Series A$3.3M
- Mar 2011Seed$800K
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of Smart Grid coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Smart Grid in Massachusetts is moving
A read on the academic research around Smart Grid in Massachusetts — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 117 papers.
- Massachusetts Institute of Technology76
- University of Massachusetts Amherst22
- University of Massachusetts Lowell13
- University of Massachusetts Boston3
- University of Massachusetts Dartmouth3
- Demand response3→8
- Electric power system1→5
- Microgrid5→9
- Computer network1→4
- Mathematical optimization1→3
- Demand response2→12
- Renewable energy2→9
- Electricity3→9
- Scheduling (production processes)1→6
- Distributed generation1→4
- Demand response2→3
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.