O
Opower
Energy · Kansas City, United States · Founded 2007
SaaS-based customer engagement and energy efficiency cloud services to utilities MoreLess
Opower, a subsidiary of Oracle, specializes in providing energy efficiency solutions through advanced data analytics. The company primarily serves utility companies, helping them to reduce energy consumption and costs while improving customer engagement. Operating in the energy sector, Opower's business model revolves around offering software-as-a-service (SaaS) solutions that analyze energy usage data to provide actionable insights. These insights enable utility companies to implement energy-saving programs and communicate more effectively with their customers. Opower generates revenue through subscription fees for its SaaS platform and additional services such as consulting and support. The company's core offerings include personalized energy reports, behavioral energy efficiency programs, and customer engagement tools. By leveraging big data and machine learning, Opower helps utilities achieve regulatory compliance, enhance customer satisfaction, and drive operational efficiencies. Keywords: energy efficiency, data analytics, utility companies, SaaS, customer engagement, energy consumption, personalized reports, behavioral programs, big data, machine learning.
Company overview
Opower company information
The essential company record, classifications and operating signals in one place.
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Kansas City, United States
- Employees
- 95
- Open positions
- None listed
- Dealroom signal
- 66.6
Valuation & funding
Opower funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | May 2016 | $532M | $532M | Oracle | — |
| IPOOther financing | Apr 2014 | $116M | $902M | Undisclosed | — |
| SUPPORT PROGRAMOther financing | Apr 2013 | $0 | — | BloombergNEF | ↗ |
| LATE VCOther financing | Sep 2011 | $2.7M | $11M | Akkadian Ventures | — |
| SERIES COther financing | Nov 2010 | $50M | $200M | Kleiner Perkins · NEA · Accel | — |
| SERIES BOther financing | Dec 2008 | NEA | — | ||
| SERIES AOther financing | Aug 2007 | Hadi Partovi · MHS Capital · New Cycle Capital · Ali Partovi | — |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $140M | 0% | 95 |
| 2025 | $140M | 0% | 152 |
| 2024 | $140M | 0% | 152 |
| 2023 | $140M | 0% | 152 |
| 2022 | $140M | 0% | 152 |
| 2021 | $140M | 0% | 172 |
| 2020 | $140M | — | 191 |
Growth signals
Opower website traffic
Latest recorded traffic for Opower is 1.2M monthly website visits, up 55.8% over the last three months. Opower's team declined 37.5% over the past year.
Comparisons
Opower compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Opower's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Opower has talent and traffic
team presence
In the news
Latest news about Opower
Recent press, funding announcements, and product moves mentioning Opower — open to read from the original sources.
Market sentiment
What the market is saying about Opower
An AI-synthesized read of the highest-engagement posts about Opower on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
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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