Gentrack
17 Hargreaves Street, Auckland, St Marys Bay, 1011, New Zealand
Overview
Gentrack has an extensive history of developing, implementing and supporting its specialist software for energy utilities, water companies and airports. Gentrack now has over 150 utilities and airports using its software – including some of the most innovative utilities companies in Australasia and the UK, and Tier 1 airports around the world. Active involvement in deregulating energy markets, reforming water markets and rapidly evolving airport businesses has created unprecedented demand for Gentrack’s software solutions and professional services. As a result our global presence is growing rapidly, now with offices worldwide including Australia, New Zealand and the UK.
- Total investments
- 1
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 8
Sector focus
- CRM
- Energy
- Information Services
- Software
Investment portfolio
- Amber Electric
Led · Series C · Jan 2024
Founded in 2017 by Dan Adams and Chris Thompson, Melbourne-based Amber Electric positions itself as Australia’s largest provider of residential solar and battery automation. The company supplies customers with real-time wholesale electricity prices and software that intelligently charges home batteries and electric vehicles when grid power is cheapest or most renewable. Amber claims to control more than 40 % of Australia’s solar-and-battery automation market and has captured a significant share of households installing batteries through the federal rebate scheme. Its platform is already being piloted by major utilities, including a 1,000-home trial with E.ON in the UK. Management says the technology allows households to lower bills while helping balance the grid and accelerate the energy transition. Amber’s growth strategy now centers on licensing its platform to international utilities, using fresh capital to “super-charge” global expansion.