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Upside Energy

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Upside Energy has developed technology to aggregate energy stored in devices owned by households and businesses, such as heating systems, in order to manage electricity demand on the national grid at…

Manchester, United KingdomFounded 2013Energy
Valuation $25–50M Last recorded · 2017
Revenue $1–10M Latest reported FY
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 Upside Energy and the history behind them.

About Upside Energy

Upside Energy is a pioneering company in the smart energy management sector, leveraging advanced algorithms and artificial intelligence to optimize energy demand and supply. The company operates in the renewable energy market, providing solutions that help reduce reliance on fossil fuels and support the transition to a more sustainable energy system. Upside Energy's core product is a cloud-based platform that manages demand response for over 100,000 devices simultaneously, enabling the electricity grid to handle fluctuations and peak usage more effectively. This platform not only supports grid stability but also opens up additional revenue streams for customers while significantly reducing their energy costs and carbon emissions.

The business model of Upside Energy revolves around offering its digital solutions to a variety of clients, including utility companies, commercial enterprises, and residential customers. By providing a way to capitalize on new opportunities in the renewable energy space, the company helps its clients achieve greater efficiency and sustainability in their energy usage. Upside Energy generates revenue through subscription fees for its platform, as well as through performance-based incentives tied to the energy savings and revenue generated for its clients.

Source: Dealroom company data

At a glance

Founded
2013
Headquarters
Manchester, United Kingdom
Sector
Energy

Investors

4 investors on the cap table

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

Seed3 investors entered at this stage

  • Nesta Impact Investments
  • EIT Climate KIC
  • John Lloyd

Series A1 investor entered at this stage

  • Legal & General Capital
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 5 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
🇬🇧 United Kingdom · Manchester HQ
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Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Upside Energy 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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