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Open Power

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Helps organisations sell excess electricity on energy markets, unlocking more value from their energy use

United KingdomFounded 2022Energy
Valuation $5–10M Last recorded · 2024
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Open Power and the history behind them.

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 data

At 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

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Mar 2024 $675K $2.7M Undisclosed ↗
SUPPORT PROGRAM✓Other financing Dec 2023 $0 — AI Accelerator —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Open Power website traffic

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.

Latest monthly visits90 3-month web change-40% 1-year team growth+20%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

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
Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇮🇹 Italy50%
🇮🇷 Iran50%
2 countries shown

Market sentiment

Posts on X, past 7 days

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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