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Smart Joules

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Eliminating energy waste through innovations in continuous energy optimization

Defence Colony Tehsil, IndiaFounded 2014Energy
Valuation $50–100M Last recorded · 2025
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Smart Joules and the history behind them.

About Smart Joules

Smart Joules is a company focused on making facilities sustainable, cost-effective, and easy to operate through innovative energy optimization solutions. The company primarily serves commercial and industrial clients, helping them reduce energy consumption and costs. Operating in the clean energy market, Smart Joules offers a range of services including JoulePAYS, a pay-as-you-save agreement that requires zero upfront investment, and DeJoule, a system that allows clients to control their equipment remotely to eliminate energy waste. Additionally, JouleCOOL provides cooling as a service, offering the lowest cost per ton of chilled water in India. The business model revolves around long-term agreements with clients, where savings on energy costs are shared between Smart Joules and the client, ensuring a win-win scenario. Revenue is generated through these shared savings and service fees.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2014
Headquarters
Defence Colony Tehsil, India
Employees
248
Open positions
None listed
Dealroom signal
83.3/100
Industry
Energy
Sub-industry
Energy Efficiency
Sector
Energy, Sustainable Development Goals, Climate Tech, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Dec 2025 $10M $40M Spectrum Impact · Waaree Renewable Technologies · SBI Ventures ↗
DEBT✓Debt Feb 2024 $8M — Investment Fund for Developing Countries ↗
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Smart Joules website traffic

Latest recorded traffic for Smart Joules is 2.6K monthly website visits, up 8.3% over the last three months. Smart Joules's team grew 7.4% over the past year.

Latest monthly visits2.6K 3-month web change+8.3% 1-year team growth+7.4%
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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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

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

Investors

12 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A9 investors entered at this stage

  • CKinetics
  • Burman Family Holdings
  • Saket Burman
  • Sangam Ventures
  • ADB Ventures
  • MAX I. Limited
  • SBI Ventures
  • Spectrum Impact
  • Waaree Renewable Technologies

Series B and later1 investor entered at this stage

  • Investment Fund for Developing Countries

Other known investors2 additional known investors

  • Startup Leadership Program- SF
  • Unreasonable Group
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 4 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
🇮🇳 India · Defence Colony Tehsil HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Smart Joules 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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