Tyba

About Tyba

Tyba, a San Francisco-based company founded in 2020, provides an AI-powered platform to enhance the profitability of energy storage projects for developers, owners, and operators. The company was established by Michael Baker (CEO), Tyler Nisonoff (CTO), and Tom Thunell (COO). The founders possess a blend of experience from the energy and technology sectors, including roles at Cypress Creek Renewables, Stem, Asana, and Google's X division, which informs the company's approach to solving challenges in pairing energy storage with renewables.

The firm operates in the growing energy storage market, addressing the complexity of managing battery assets in evolving power markets. Tyba's business model is centered on its software platform, which serves as a unified simulation and operations tool for its clients, including major energy companies like TotalEnergies. The platform aims to maximize revenue for energy producers by using AI for energy forecasting, trading, and optimizing dispatch strategies. Clients utilize Tyba as a mission control center to inform and automate their energy storage operations.

Tyba's offerings are divided into two primary modules. The Project Simulation Module allows for the detailed modeling and underwriting of standalone and co-located storage projects across North America, Europe, and Oceania. This tool helps in designing the commercial and technical aspects of projects under development and has been used to model over 100GW of projects. The Auto-Bidding Module combines AI-based price forecasts, optimization models, and bidding algorithms to maximize the profitability of operational assets. This module supports operating assets in markets like CAISO and ERCOT. The platform's strategies have resulted in revenue outcomes in the top 5% of assets in the ERCOT market.

The company has secured significant funding to scale its operations, including a $13.9 million Series A round in February 2025, bringing its total funding to over $18 million. This capital is intended to help Tyba expand its capabilities into new markets and across different asset classes. The firm supports over 1GWh of storage assets in California and Texas and has successfully completed pilot projects with companies like Avangrid to identify optimal locations for energy storage infrastructure.