EnergySavvy

About EnergySavvy

EnergySavvy was established in 2008 by co-founders Aaron Goldfeder and Leo Shklovskii, both of whom brought experience from major tech companies like Microsoft. Goldfeder, who served as CEO, previously held roles at Microsoft and later founded other tech ventures. Shklovskii, the founding CTO, also had a background at Amazon and later became a venture partner and mentor in the startup community. The company was founded to address the challenge of quantifying and delivering energy efficiency, evolving from an initial focus on residential online audit tools to a comprehensive enterprise software platform.

The firm operated on a software-as-a-service (SaaS) business model, providing a cloud-based platform for utility companies. Its clients were primarily electric and gas utilities across the United States, including major providers like National Grid, helping them manage and optimize customer-facing energy efficiency programs. The platform was designed to integrate the entire stakeholder chain—from residential and business customers to contractors and the utility itself—into a single system, streamlining what were often paper-based or fragmented processes. EnergySavvy's software enabled utilities to engage customers with personalized energy-saving recommendations and automate the measurement and verification (M&V) of energy efficiency projects, a critical function for regulatory reporting.

EnergySavvy's product suite included tools like 'Program Optix' and an 'Online Audit' to manage and automate residential efficiency programs. The company later expanded its offerings with 'Optix Engage for Business' to serve the small and medium-sized business sector, a market often underserved by utility programs. A key technological development was its 'Quantify' product, which utilized machine learning to model home energy savings at a utility scale. The platform's core benefit was transforming how utilities interact with customers, enabling them to hit efficiency goals, provide greater customer value, and lower operational costs. Throughout its operation, the company raised approximately $31.3 million in funding over several rounds. In May 2019, EnergySavvy was acquired by Tendril as part of a series of mergers and acquisitions that formed Uplight, a unified provider of customer-centric solutions for the energy ecosystem.