O
Open Power
Helps organisations sell excess electricity on energy markets, unlocking more value from their energy use
About Open Power
Open Power operates in the renewable energy sector, focusing on small-scale energy generators. The company aggregates the energy exports of these generators and connects them to various energy markets, enabling them to earn significantly more for their exported electricity. This approach not only increases the revenue for individual generators but also reduces the payback period for renewable energy investments, making them more attractive. Open Power serves a diverse range of clients, from individual homeowners with solar panels to small businesses with wind turbines. The business model revolves around a software solution that democratizes access to energy markets, ensuring that even the smallest generators get fair compensation for their energy contributions. Revenue is generated through a combination of service fees and a share of the increased earnings from energy sales. The company is backed by venture capital and is driven by a team of experts in energy, technology, and engineering, all passionate about accelerating the adoption of renewable energy and contributing to a fairer, more sustainable energy landscape.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2022
- Headquarters
- United Kingdom
- Employees
- 6
- Open positions
- None listed
- Dealroom signal
- 53.7/100
- Industry
- Energy
- Sub-industry
- Energy Efficiency
- Sector
- Energy, Sustainable Development Goals, Virtual Power Plant, Climate Tech, Energy Trading
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Mar 2024 | $675K | $2.7M | Undisclosed | ↗ |
| SUPPORT PROGRAM✓Other financing | Dec 2023 | $0 | — | AI Accelerator | — |
Growth signals
Latest recorded traffic for Open Power is 90 monthly website visits, down 40% over the last three months. Open Power's team grew 20% over the past year.
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
Antler
Other known investors1 additional known investor
AI Accelerator
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Open Power on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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