UtilityAPI, an Oakland, Calif.-based provider of secure, standardized, authorized access to utility data, closed a $10m Series A funding.
The round was led by Aligned Climate Capital.
The company plans to use the funds to expand its business reach.
UtilityAPI was founded in 2014 by Daniel Roesler and is now managed by Devin Hampton, CEO. It provides secure, standardized, and authorized access to utility data. This data can be used to speed up the deployment and monitoring of energy efficiency and distributed energy resources. UtilityAPI is used every day by some of the most prestigious solar, storage, or energy efficiency companies.
The company has been negotiating deals with many Investor Owned Utilities and Community Choice Aggregators (CCAs) in the United States and Canada since the beginning of the pandemic. This allows them to offer their data sharing platform to millions, including third parties and energy efficiency suppliers, to provide access to their data.