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WattBuy

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Take charge of your electricity

New York City, United StatesFounded 2017Energy
Valuation $50–100M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for WattBuy and the history behind them.

About WattBuy

WattBuy operates as a software company offering a platform for electricity expense management and personalized energy insights. Founded in 2017 by CEO Naman Trivedi and CTO Ben Hood, the company was established to bring transparency to the energy market after the founders' own negative experience with a provider. An alumnus of Georgetown University, Trivedi's background includes roles at Google, Box, and the White House Office of Science and Technology Policy during the Obama administration, where he focused on renewable energy. Hood previously worked at Apple and AOL.

The company's business model centers on providing a marketplace for consumers in deregulated states to compare and select electricity plans, including options from renewable sources like solar and wind. Revenue is generated through commissions from energy providers when customers enroll via the platform. In addition to its direct-to-consumer marketplace, WattBuy offers a comprehensive set of APIs for enterprise clients. This allows companies in sectors such as real estate, personal finance, and smart home technology to integrate WattBuy's tools and offer their own customers personalized energy analytics and clean energy solutions. This B2B channel also contributes to revenue through platform fees.

WattBuy's core product uses proprietary machine learning models that analyze location, building characteristics, and weather data to forecast a home's electricity usage, costs, and carbon footprint. This allows the platform to provide users with customized recommendations for electricity plans, rooftop solar, and battery storage. The service is accessible through its website, where users can enter their address to receive a personalized plan. The platform has formed partnerships with major brands like Redfin, Samsung SmartThings, and Intuit Mint to embed its services and reach a wider audience at key "energy decision moments," such as when moving or managing finances. In August 2025, WattBuy was acquired by Schneider Electric and is set to partner with its subsidiaries, EnergySage and Qmerit, to offer an end-to-end home electrification experience.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2017
Headquarters
New York City, United States
Employees
8
Open positions
None listed
Dealroom signal
58.0/100
Industry
Energy
Sub-industry
Clean Energy, Energy Providers
Sector
Energy, Sustainable Development Goals, Climate Tech, Hard Tech
Business model
Marketplace & ecommerce
Client focus
b2c

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Aug 2025 $0 — Schneider Electric ↗
SERIES A✓Equity / VC Oct 2021 $10M $40M MCJ Collective · SE Ventures —
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022 —
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Growth signals

WattBuy website traffic

Latest recorded traffic for WattBuy is 21K monthly website visits, up 10.5% over the last three months. WattBuy's team declined 27.3% over the past year.

Latest monthly visits21K 3-month web change+10.5% 1-year team growth-27.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

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

17 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

Series A10 investors entered at this stage

  • GXP Investments
  • Bill Gatreaux
  • John Sherman
  • Yoav Lurie
  • Evergy Ventures
  • Avesta Fund
  • Updater
  • Fort Ventures
  • MCJ Collective
  • SE Ventures

Other known investors4 additional known investors

  • Schneider Electric
  • Moderne Passport
  • Moderne Ventures
  • Riyadh Techstars Accelerator
Team profiled 8 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
3 countries with
team presence
🇺🇸 United States66.7%
🇮🇳 India16.7%
🏳️ Rwanda16.7%
3 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about WattBuy 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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