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Opower
SaaS-based customer engagement and energy efficiency cloud services to utilities
About Opower
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.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2007
- Headquarters
- Kansas City, United States
- Employees
- 95
- Open positions
- None listed
- Dealroom signal
- 66.6/100
- Industry
- Energy
- Sub-industry
- Energy Efficiency
- Sector
- Energy, Utilities, CRM, Business Intelligence, Sustainable Development Goals, Climate Tech, Hard Tech
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
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 | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
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.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
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.
Series A5 investors entered at this stage
MHS Capital
Hadi Partovi- NCNew Cycle Capital
Ali Partovi
NEA
Series B and later3 investors entered at this stage
Kleiner Perkins
Accel
Akkadian Ventures
Other known investors6 additional known investors
BloombergNEF
Oracle
David Frankel
Energy Transition Ventures
Harvest Growth Capital
Technology Pioneers | World Economic Forum
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Opower 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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