David Energy is a new kind of retail electricity provider. Energy is complicated. That’s where we come in. We’re a new kind of retail electricity supplier—vertically integrated and powered by technology. We bring electricity supply and demand response together to keep things simple and to save you money on your bill.
Location: United States, New York
Employees: 11-50
Total raised: $64M
Founded date: 2017
Investors 10
Funding Rounds 4
| Date | Series | Amount | Investors |
| 23.09.2024 | - | $23M | - |
| 29.03.2022 | Series A | $20.5M | UNION SQUA... |
| 09.02.2021 | - | $19M | - |
| 11.03.2020 | - | $1.5M | - |
Mentions in press and media 16
| Date | Title | Description |
| 11.08.2025 | David Energy Taps VertexOne to Transform Customer Experience and Enable Clean Grid Goals | VertexOne, a leading provider of cloud software designed to revolutionize the customer experience within the energy and utility industry, announced that David Energy, a technology-driven retail energy provider (REP) with a mission of bringi... |
| 26.09.2024 | David Energy: $23 Million Secured For Running The Grid On Clean Energy | Gridtech company David Energy announced that it has secured $23 million in funding to transform the retail energy market and make a clean energy grid a reality. This funding was led by Cathay Innovation, with participation from previous inv... |
| 23.09.2024 | David Energy is going up against Goliath energy incumbents | - |
| 23.09.2024 | David Energy Raises $23M in Funding | David Energy Team David Energy, a NYC-based gridtech company, raised $23M in funding. The round was led by Cathay Innovation, with participation from Union Square Ventures, Keyframe Capital, Equal Ventures, and BoxGroup, among others. The c... |
| 10.05.2023 | Introducing Electrifying Everything: 2023 Edition | Last summer, Energize released our comprehensive “Electrifying Everything” investment thesis, including our proprietary deep dive research report, the culmination of our 10-part blog series and our list of the top 30 software innovators app... |
| 08.03.2023 | Sunnova, David Energy launch virtual power plant in Texas | Sunnova, David Energy launch virtual power plant in Texas By Chris Crowell March 8, 2023 " class="author-button">View Profile Sunnova Energy International teamed up with David Energy, a software-driven retail energy provid... |
| 03.06.2022 | Electrifying Everything: Let's Get Flexible | Electrification is a key theme of Energize’s investment thesis. We invest in software and business model innovations, many of which directly contribute solutions towards decarbonization by means of electrification. In this blog series, we’l... |
| 29.03.2022 | David Energy Raises $20.5M in Series A Financing | David Energy, a Brooklyn, NY-based provider of software-enabled retail electricity, raised $20.5M in Series A funding. The round was led by Keyframe Capital and Union Square Ventures with participation from Equal Ventures, Box Group, and MC... |
| 28.03.2022 | David Energy’s Series A | Co-authored by Rebecca Kaden Energy is a real-time commodities market. The grid must balance supply and demand minute-by-minute to avoid blackouts or surges. Big changes in supply (wind stops blowing) or demand (everyone turns on their AC)... |
| 09.02.2021 | New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’ | “We intend to build the Standard Oil of renewable energy,” said James McGinniss, the co-founder and chief executive of David Energy, in a statement announcing the company’s new $19 million seed round of debt and equity funding. McGinniss’ c... |
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