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Voltus

Distributed energy resource connection and management

201-500 employees
  • B2B
  • Energy
  • Sustainability
  • SaaS
Presidio of San Francisco, San Francisco, CA

Company mission

To be the distributed energy platform that fulfills the promise of the energy transition.

Some candidates hear
back within 2 weeks

2% employee growth in 12 months

Otta's take

Sam Franklin headshot

Sam Franklin

CEO of Otta

The push towards green energy, in combination with the sharp pivot away from traditional energy sources like natural gas, has accelerated the development and commercialisation of new electrical supply solutions. One such solution is the leveraging of Distributed Energy Resources (DERs): small scale supply or demand resources that can be hooked up to the electric grid to help meet (or ease) demand.

Voltus helps broker this connection between DERs and the grid, allowing commercial owners of DERs to connect them to all the wholesale electricity markets in Canada and the US, and thereby gain and manage a potentially substantial additional income stream.

Voltus doesn’t manage as much load as competitors in the space like Enel X and CPower, but with its 2021 SPAC funding, it’s aggressively driving to capture more of what’s quickly becoming a hefty market opportunity. Behind-the-meter loads like water heaters and AC, and energy sources like microgrids and EV chargers are increasingly sought after by businesses and land owners, and Voltus is benefitting from partnerships with large businesses such as Madison Square Gardens Arena and Western Grain Marketing.

Benefits

  • Parental leave
  • Competitive compensation package
  • Unlimited leave for full-time employees
  • Comprehensive benefits package to promote health, wellness, and financial security

Funding (last 2 of 3 rounds)

May 2021

$31m

SERIES C

Oct 2020

$25m

SERIES B

$66.1m

Total funding

Founders

Originally worked as a Principal at Oliver Wyman, then took on various VP and SVP roles at Crayola, Amerada Hess - Hess Microgen, and EnerNOC.

Matthew Plante

(President)

Spent time as VP of Sales first at EnerNOC, then at Bidgely. Subsequently served as CEO of EcoFactor.

Jobs (9)

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Operations & Strategy