Startups
Comverge delivers a comprehensive suite of intelligent energy management solutions that enable utilities, grid operators, and commercial and industrial organizations to optimize their energy usage in order to reduce costs, meet regulatory requirements, and support sustainability initiatives. Acquired by Itron in 2017.
Overview
Location
United States, Georgia, Norcross
Employees
201-500
Total raised
$16M
Founded date
1980
Investors 1
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
Funding Rounds 1
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
Mentions in press and media 24
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Jun 2, 2017 | Term Sheet — Friday, June 2 | NEW MONEY, FOOD IPO Spin-outs: Last week we reported on the trend of junior partners at venture firms striking out on their own. In addition to the seven new firms we named in that article, here are two more worth watching: Paid Content How... |
| Dec 11, 2012 | Comverge Receives $16.0M Financing from Triangle Capital | Comverge, a Norcross, GA, provider of energy management solutions, has received a $16.0m financing from Triangle Capital Corporation (NYSE:TCAP). The investment consists of subordinated debt and equity. Founded in 1980 and led by R. Blake Y... |
| Oct 30, 2010 | 32 companies charging the Super Grid now | The super grid, the theme of VentureBeat’s next GreenBeat conference, involves a bewildering array of technologies and companies from industry behemoths like GE and Cisco to disruptive young startups. Together, they’re taking existing effor... |
| Oct 29, 2010 | Use less power at peak, and pay less? Everyone’s jumping in | For the past century, buying electricity from your utility hasn’t changed much. If you pay a monthly bill, and you really don’t care what time of day you use your power. Whether it’s night or day, who cares? It costs about the same. But tha... |
| Aug 5, 2010 | TXU teams with Comverge to smarten up 100,000 thermostats in Texas | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! Comverge, one of several companies offering utili... |
| Aug 5, 2010 | TXU teams with Comverge to smarten up 100,000 thermostats in Texas | Comverge, one of several companies offering utilities third-party demand response and energy efficiency services, announced today that it has signed a $30 million deal with major Texas utility TXU Energy to roll out about 100,000 smart ther... |
| Apr 16, 2010 | EnerNOC and how demand response suddenly got sexy | The movement toward a cleaner, more efficient Smart Grid is off and running, with the Department of Energy allocating billions to the cause, and utilities revamping how they do business after decades of inertia. Now, the global effort is br... |
| Apr 12, 2010 | Massachusetts picks EnerNOC to crack down on energy use | We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 - 28. Join AI and data leaders for insightful talks and exciting networking opportunities. Register today! EnerNOC has carved out a name for itself as a dem... |
| Apr 12, 2010 | Massachusetts picks EnerNOC to crack down on energy use | EnerNOC has carved out a name for itself as a demand-response firm, coordinating energy reductions during peak periods to prevent grid overloads — but today it’s expanding into a new role, tracking how much energy state-owned facilities in ... |
Show more
Reviews 0
FAQ about Comverge
When was Comverge founded?
Comverge was founded in 1980.
How much funding has Comverge raised?
Comverge has raised $16M in total across 1 funding round.
What has the press written about Comverge?
Parsers VC has collected 24 articles mentioning Comverge, among them “Term Sheet — Friday, June 2” (Jun 2, 2017) and “Comverge Receives $16.0M Financing from Triangle Capital” (Dec 11, 2012).
Is Comverge still active?
Comverge is probably closed: its latest activity on Parsers VC dates from Jan 16, 2026.