Participated · Series A · Feb 2024

Camus Energy provides a grid orchestration platform that gives utilities real-time visibility, day-ahead forecasting, grid-aware control of local energy resources, and distribution system planning insights. The platform enables operators and planners to harness latent flexibility in electrified devices—EVs, batteries, solar inverters, and smart thermostats—to avoid costly equipment upgrades and improve reliability. Leading utilities including Duquesne Light Company, Vermont Electric Cooperative, Kit Carson Electric Cooperative, and La Plata Electric Association use the software to manage electrification impacts. Camus leverages experience designing and scaling distributed computing systems at Google, Amazon, and Meta to analyze billions of data points and shift utilities from model-reliant to data-driven grid management. Since mid-2021 the company reports a 500% increase in annual recurring revenue, expansion to customers serving 2.9 million end consumers across nine states, and a doubling of headcount. Camus plans to use new investment to expand its customer base, continue product R&D, and further develop its partner ecosystem to help utilities harness local energy resources. Camus Energy offers a grid management software platform that provides connectivity between utilities' operations teams, grid-connected equipment, and customer devices, from substations and transformers to rooftop solar and smart water heaters. The platform lets grid operators orchestrate utility- and consumer-owned resources from a unified interface to support reliability, resilience, and compensation for local resource owners. The founding team spent nearly two decades at Google and brought a distributed systems approach and systems engineering design philosophy to the product. Camus serves a growing base of close to half a million utility customers across the U.S. West and has deployment success with electric cooperatives such as Holy Cross Energy and Kit Carson Electric Cooperative. Financially, the company raised a $16M Series A in July 2021 to expand its platform. Camus intends to use the capital to scale its grid management software to meet growing demand from utilities across North America and to help utilities integrate local clean energy, manage peak demand, and advance decarbonization goals.