OakTree Power provides a cloud‑based platform that retrofits IoT sensors onto existing electrical assets to deliver real‑time energy consumption data, analytics, and automated load‑balancing. The system identifies inefficiencies, optimizes usage, and enables enterprises and grid operators to cut electricity costs and carbon emissions without upfront hardware investment.
Funding
$3.8M 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.
Founders
Product
Problem
Businesses often lack real-time visibility into their electricity consumption and cannot easily optimize usage, leading to higher operational costs and unnecessary carbon emissions. Integrating disparate electrical assets into a unified management system is complex and typically requires significant upfront investment.
Solution
OakTree Power offers a cloud‑based platform that connects to a company’s electrical equipment via IoT sensors and smart software heuristics. The system streams real‑time consumption data, applies analytics to identify inefficiencies, and automatically adjusts loads or suggests operational changes to reduce energy use. By handling data integration, monitoring, and optimization centrally, the platform delivers cost savings and carbon‑reduction benefits without requiring customers to modify existing infrastructure. Users access dashboards and alerts through a web interface, enabling them to track performance, verify savings, and participate in grid‑level sustainability programs.
Target Audience
Primary customers are medium to large enterprises and commercial facilities seeking to lower electricity expenses and meet sustainability targets, as well as grid operators looking to aggregate demand‑side flexibility.
Features
- IoT gateway devices that retrofit onto existing electrical assets for seamless data capture
- Cloud‑hosted analytics engine employing heuristic algorithms to detect and recommend energy‑saving actions
- Real‑time monitoring dashboard with visualizations of consumption, cost, and carbon impact
- Automated load‑balancing and demand‑response controls that operate without manual intervention
- Integration APIs for connection to utility grids and third‑party energy management systems
- Zero‑upfront cost deployment model with revenue generated from shared savings and subscription fees