Edoenergy offers an AI‑driven software platform that links existing building management systems and on‑site energy assets—such as HVAC, lighting, solar, batteries, and EV chargers—to create virtual power plants for utilities. By aggregating and optimizing these resources in real time, the solution reduces peak demand, improves energy efficiency, and provides measurable grid flexibility while maintaining occupant comfort.
Funding
$5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+3Founders
Product
Problem
Commercial buildings account for a large share of electricity consumption and carbon emissions, yet many lack the tools to dynamically adjust loads, integrate on‑site DERs, and participate in grid services without costly retrofits.
Solution
Edo provides an AI‑driven software platform that connects to existing building management systems and on‑site assets such as HVAC, lighting, solar, batteries, and EV chargers. The platform aggregates these resources across multiple properties to form a virtual power plant (VPP) that utilities can dispatch in real time. By automating load forecasting, optimization, and response to utility signals, Edo reduces peak demand, improves energy efficiency, and lowers operating costs while maintaining occupant comfort. Integrated DER data, performance reporting, and measurement‑and‑verification tools give both building operators and utilities visibility into flexibility capacity and carbon‑reduction outcomes. The solution works with any OEM or protocol, requiring only a hardware gateway for data acquisition, and includes secure, SOC 2‑type 2‑certified data handling.
Target Audience
Primary customers are electric utilities seeking demand‑side flexibility and commercial building owners or operators (office, education, healthcare, municipal facilities) that want to reduce energy costs, improve reliability, and participate in VPP programs.
Features
- Hardware gateway and cloud platform that interface with existing building automation systems (BMS) without replacing equipment
- Real‑time aggregation of behind‑the‑meter DERs (solar, batteries, EV chargers) for coordinated control
- AI‑based load forecasting and optimization models that continuously improve dispatch strategies
- Automated demand response and demand flexibility execution via OpenADR certification and utility ADMS/DERMS integration
- Performance monitoring, fault detection, and measurement‑and‑verification dashboards for utilities and building operators
- Secure, SOC 2‑type 2‑compliant data management and locationally aware aggregation of flexibility assets