Shifted Energy builds a DER platform that deploys low-cost control and monitoring systems, machine-learning data analytics, and dispatch optimization software for utilities, property managers and owners of multi-family housing. The company creates virtual power plants by connecting appliances such as water heaters and EV chargers to a cloud-based platform and aggregating them as distributed energy resources. Its platform provides grid benefits including energy storage, load reduction and fast-frequency response, while delivering bill credits and financial incentives to participating customers. The technology is scalable and can connect to any cloud-connected smart device. Shifted Energy plans to expand coverage areas across the U.S., Canada and Australia and to hire additional talent to support growth. The company was founded in 2016 and is led by CEO Forest Frizzell and CTO Olin Lagon.

Total raised

$4M

Funding rounds

1

Latest round

Seed

Latest activity

Mar 2023