Bidgely

About Bidgely

Bidgely provides energy analytics through its proprietary Non-Intrusive Load Monitoring technology, which disaggregates meter data to deliver appliance-level insights for utilities. This enables utilities to enhance customer engagement, improve energy efficiency, and effectively manage distributed energy resources while reducing operational costs.

<problem> Utilities face challenges in optimizing energy efficiency programs and managing distributed energy resources (DERs) due to limited visibility into behind-the-meter energy consumption patterns. Traditional methods lack the granularity needed to personalize customer engagement and accurately forecast grid impacts from DER adoption. </problem> <solution> Bidgely provides an energy intelligence platform that leverages non-intrusive load monitoring (NILM) technology to disaggregate meter data into appliance-level insights. By applying advanced AI and machine learning algorithms to energy consumption data, Bidgely identifies individual appliance signatures and delivers personalized recommendations to utility customers. This enables utilities to improve customer engagement through targeted home energy reports, optimize demand response programs, and enhance grid planning by accurately forecasting the impact of DERs such as electric vehicles and solar PV. The platform also facilitates energy theft detection and supports the development of new energy-efficient products and services. </solution> <features> - Appliance-level energy disaggregation using AMI and non-AMI meter data - AI-powered analytics for personalized home energy reports and recommendations - Customer engagement platform with high bill alerts, weekly energy updates, and peak management alerts - Support for demand response programs with up to 30% reduction in home energy usage - EV program management, including passive and active managed charging - DER grid planning tools for forecasting the impact of distributed energy resources - Energy theft detection capabilities to prevent revenue leakage - Integration with utility online marketplaces to promote energy-efficient products and services </features> <target_audience> The primary target audience includes electric, gas, and water utilities seeking to improve customer engagement, enhance energy efficiency, and effectively manage distributed energy resources. </target_audience> <revenue_model> Bidgely generates revenue through software licensing fees, subscription-based access to its energy intelligence platform, and per-customer or per-home analytics fees. </revenue_model>

What does Bidgely do?

Bidgely provides energy analytics through its proprietary Non-Intrusive Load Monitoring technology, which disaggregates meter data to deliver appliance-level insights for utilities. This enables utilities to enhance customer engagement, improve energy efficiency, and effectively manage distributed energy resources while reducing operational costs.

Where is Bidgely located?

Bidgely is based in Los Altos, United States.

When was Bidgely founded?

Bidgely was founded in 2011.

How much funding has Bidgely raised?

Bidgely has raised 18000000.

Location
Los Altos, United States
Founded
2011
Funding
18000000
Employees
229 employees
Major Investors
CIBC Innovation Banking

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Bidgely

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Executive Summary

Bidgely provides energy analytics through its proprietary Non-Intrusive Load Monitoring technology, which disaggregates meter data to deliver appliance-level insights for utilities. This enables utilities to enhance customer engagement, improve energy efficiency, and effectively manage distributed energy resources while reducing operational costs.

bidgely.com50K+
cb
Crunchbase
Founded 2011Los Altos, United States

Funding

$

Estimated Funding

$10M+

Major Investors

CIBC Innovation Banking

Team (100+)

No team information available.

Company Description

Problem

Utilities face challenges in optimizing energy efficiency programs and managing distributed energy resources (DERs) due to limited visibility into behind-the-meter energy consumption patterns. Traditional methods lack the granularity needed to personalize customer engagement and accurately forecast grid impacts from DER adoption.

Solution

Bidgely provides an energy intelligence platform that leverages non-intrusive load monitoring (NILM) technology to disaggregate meter data into appliance-level insights. By applying advanced AI and machine learning algorithms to energy consumption data, Bidgely identifies individual appliance signatures and delivers personalized recommendations to utility customers. This enables utilities to improve customer engagement through targeted home energy reports, optimize demand response programs, and enhance grid planning by accurately forecasting the impact of DERs such as electric vehicles and solar PV. The platform also facilitates energy theft detection and supports the development of new energy-efficient products and services.

Features

Appliance-level energy disaggregation using AMI and non-AMI meter data

AI-powered analytics for personalized home energy reports and recommendations

Customer engagement platform with high bill alerts, weekly energy updates, and peak management alerts

Support for demand response programs with up to 30% reduction in home energy usage

EV program management, including passive and active managed charging

DER grid planning tools for forecasting the impact of distributed energy resources

Energy theft detection capabilities to prevent revenue leakage

Integration with utility online marketplaces to promote energy-efficient products and services

Target Audience

The primary target audience includes electric, gas, and water utilities seeking to improve customer engagement, enhance energy efficiency, and effectively manage distributed energy resources.

Revenue Model

Bidgely generates revenue through software licensing fees, subscription-based access to its energy intelligence platform, and per-customer or per-home analytics fees.

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