On.Energy develops and operates energy storage solutions, utilizing proprietary analytics and AI-powered software to optimize the design, forecasting, and dispatch of energy assets. The company addresses the complexity of fragmented energy projects by providing end-to-end management and in-house financing, ensuring efficient deployment of energy resources.
Funding
$35M 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.
LOFounders
Product
Problem
The energy storage sector faces challenges due to fragmented project management, requiring expertise in design, construction, operation, and financing. Optimizing the dispatch of energy assets and accurately forecasting energy production are also critical for efficient energy resource deployment.
Solution
On.Energy develops and operates energy storage solutions, providing end-to-end project management from initial design and planning through construction, operation, and financing. The company utilizes proprietary, AI-powered software, On.Command™, to optimize the design, forecasting, control, and dispatch of energy assets. This integrated approach aims to maximize the efficiency of each kilowatt deployed, ensuring reliable and cost-effective energy storage solutions. By offering in-house financing and managing all project phases, On.Energy simplifies the deployment process for energy storage projects.
Target Audience
The primary target audience includes energy companies, utilities, and independent power producers (IPPs) seeking comprehensive energy storage solutions and efficient energy resource management.
Features
- End-to-end project management encompassing design, planning, construction, operation, and financing.
- Proprietary On.Command™ software for advanced forecasting, control, and dispatch of energy assets.
- AI-powered analytics to optimize energy storage system performance.
- Front-of-the-meter energy storage solutions.
- User-friendly On.Command™ interface for superior user experience and management.