Virtual Peaker
Virtual Peaker is a clean energy technology company that provides an AI-enabled virtual power plant (VPP) platform for utilities to manage distributed energy resources (DERs), run demand response programs, and optimize grid-edge operations. The platform offers three integrated suites: Grid-Edge DERMS (Shift) for connecting behind-the-meter smart devices to run residential, commercial, and industrial demand…
Funding snapshot
About
Virtual Peaker is a clean energy technology company that provides an AI-enabled virtual power plant (VPP) platform for utilities to manage distributed energy resources (DERs), run demand response programs, and optimize grid-edge operations. The platform offers three integrated suites: Grid-Edge DERMS (Shift) for connecting behind-the-meter smart devices to run residential, commercial, and industrial demand flexibility programs that reduce cost and peak load; Customer Engagement (Relay) for optimizing DERs through innovative technologies and seamless customer engagement features including incentive processing; and Demand Forecasting (Envision) for making smart purchasing decisions and ensuring reliable power supply at the best price. Virtual Peaker's platform supports bring-your-own-device (BYOD) programs, EV charging management, demand response, program design and management automation, localized dispatch with customizable grouping, virtual power plants with Topline Demand Control for precise load shaping, and API integrations with the largest and fastest-growing number of device partner integrations on the market. The cloud-based SaaS platform serves investor-owned utilities, municipal utilities, and cooperatives, enabling them to control load shape with predictability and reliability, manage increasingly complex grids, and future-proof their DER technology stacks with rapid incremental improvements and easy device brand integration. Founded in 2015 and headquartered in Louisville, Kentucky, Virtual Peaker has raised $19.8M in Series A funding from investors including FreshTracks Capital, Moore Strategic Ventures, Emerson, Chrysalis Ventures, Keyhorse Capital, and Mammoth View.
Business model
Energy Efficiency Tech > Energy Management System > Load Management > DERMS,
Smart Grid > Distributed Energy Resources > DERs Management,
Facility Management Tech > Building Management > Building Energy Management
Team background
College Wise > University of California (Berkeley)
Institutional investors
Latest coverage
No articles yet.
Similar startups
GreenGrid
GreenGrid gives energy retailers and project developers a unified view of battery assets, grid tariffs, and dispatch schedules.
GridCARE
GridCARE provides an AI-native platform that accelerates power delivery to large-scale AI data centers by unlocking latent capacity in existing electrical grid infrastructure.
Odys Aviation
Designer and manufacturer of a VTOL aircraft
Dreamfly Innovations
Dreamfly Innovations designs and manufactures lithium-ion and graphene batteries specifically for electric aviation and drone applications.