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Energy Tech Series A Founded 2018

Sapient Industries

Sapient Industries is an energy technology company that provides AI-driven energy metering and management systems for commercial and residential buildings. The company offers the Sapient Hydra Meter, a low-cost energy sensor that digitizes electrical panels to provide real-time equipment-level energy data, and multi-circuit power submeters that are NY PSC and CTEP approved for multi-tenant projects. The Sapient…

📍 Philadelphia, United States · Smart Grid,

Funding snapshot

Last roundSeries A
Amount$20M
Date6 April 2021
Total raised$21M
Team size17

About

Sapient Industries is an energy technology company that provides AI-driven energy metering and management systems for commercial and residential buildings. The company offers the Sapient Hydra Meter, a low-cost energy sensor that digitizes electrical panels to provide real-time equipment-level energy data, and multi-circuit power submeters that are NY PSC and CTEP approved for multi-tenant projects. The Sapient Cloud platform provides meter configuration, data analytics, and building power usage disaggregation by device. The company serves cold storage and distribution centers, industrial and manufacturing facilities, grocery and retail, sports and entertainment venues, multi-family real estate, and hospitals. Sapient's solutions support decarbonization, machine health monitoring, measurement and verification, tenant submetering, energy auditing, and power quality monitoring. Founded in 2018 and headquartered in Philadelphia, Pennsylvania, Sapient Industries has raised approximately $21.5 million in Series A funding from investors including URBAN-X, Tech Square Ventures, Sfventures, Engage, and Third Sphere.

Business model

Smart Homes > Home Automation Controllers > Smart Switches and Plugs > Plugs,

Energy Efficiency Tech > Power Management Devices > Smart Switches and Plugs,

Smart Grid > Utility Management > Customer Engagement,

Facility Management Tech > Building Management > Building Analytics,

Property Management Tech > Building Energy Management,

Plug and Play Tech Center Batches > Energy > Batch 4

Institutional investors

URBAN-X Tech Square Ventures Sfventures Engage Third Sphere

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