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Post IPO Valuation

General Information


1515 N. Courthouse Rd
8th Floor
Arlington, VA, 22201
West Coast Office
642 Harrison St
2nd Floor
San Francisco, CA, 94107
London Office
83 Victoria Street
London, SW1H 0HW, GBR


CEO, Founder
President, Founder
SVP, Marketing and Operations
VP, Strategy and Marketing
Chief Scientist
Vice President of Regulatory Affairs and General Counsel
Vice President of Product
SVP, Product Management
Show All People


TOTAL $65.7M
Series A, 8/2007
Hadi Partovi
Ali Partovi
New Cycle Capital
MHS Capital
Series B, 12/2008
New Enterprise Associates
MHS Capital
Series C, 11/2010
Accel Partners
Kleiner Perkins Caufield & Byers



Working with more than 85 utility partners and serving more than 18 million consumers across seven countries, Opower is the world’s leading provider of customer engagement solutions for the utility industry. By providing the tools, information and incentives consumers need to make smarter decisions about their energy use, Opower’s engagement platform and solution suite enables utilities to involve their customers in programs that support, energy efficiency goals, smart grid and new rate structures, brand loyalty and lowering the cost of service. Proven to drive behavioral change at scale, Opower has helped its utility partners achieve more than 2.5 TWHs of their energy efficiency goals, and drive significant increases in customer program participation and overall customer satisfaction. Founded in 2007 and privately held, Opower is headquartered in Arlington, Virginia, with offices in San Francisco, London and Singapore. For more information, please visit and follow us on Twitter at @Opower.

Recent Milestones

  • Stock
    Went public with stock symbol NYSE:OPWR. (4/4/14)
    Posted 3/3/14 at 8:21pm
  • Check
    Opower — Energy data company Opower to raise up to $100M in IPO (3/3/14)
    Posted 3/3/14 at 8:22pm via
  • Check
    Opower — Former Utility CEOs John Rowe, Dick Kelly Join Opower Advisory Board (6/10/13)
    Posted 7/25/13 at 5:51am via
  • Check
    Opower — Opower Named to the Inaugural CNBC Disruptor 50 List (5/20/13)
    Posted 7/25/13 at 5:52am via
  • Check
    Opower — Opower Claims 5 Million More Homes (7/19/12)
    Posted 7/19/12 at 6:56pm via
  • Check
    Opower added Alex Kinnier as SVP, Product Management. (7/1/12)
    Posted 6/3/13 at 3:47am
  • Check
    Opower — Announced hire of Rick McPhee as VP Engineering (3/21/12)
    Posted 6/17/12 at 6:55pm via
  • Check
    Opower — Announces hire of Thomas Kramer as CFO (11/17/11)
    Posted 6/17/12 at 6:53pm via
  • Check
    Opower added Rajesh Nerlikar as Product Manager. (11/1/11)
    Posted 7/27/13 at 9:33am
  • Dollar
    Opower received $50M in Series C funding. (11/29/10)
    Posted 11/29/10 at 7:20pm via
  • Check
    Opower added Hadi Partovi as Advisor. (6/1/10)
    Posted 9/10/10 at 8:59am
  • Check
    Opower added Roderick Morris as SVP, Marketing and Operations. (4/1/10)
    Posted 5/3/10 at 2:35pm
  • Check
    Opower added Erik Carlson as Director. (1/1/10)
    Posted 11/14/12 at 2:28pm
  • Check
    Opower added Amir Raminfar as Technology Lead. (1/1/10)
    Posted 5/6/13 at 1:51pm
  • Check
    Opower added Ogi Kavazovic as VP, Strategy and Marketing. (2/1/09)
    Posted 8/1/11 at 11:04am
  • Dollar
    Opower received $14M in Series B funding. (12/29/08)
    Posted 8/13/09 at 6:06am via



Obama at OPOWER

Added: 12/26/12

Take a closer look at how our reports are printed and shipped out to millions of customers .

Added: 12/26/12

Opower saves 1 Terawatt Hour (April ‘12)

Added: 12/26/12

Innovation Day at Opower

Added: 12/26/12


Opower screenshot
Above: Opower Homepage as of July 28, 2011
Uploaded: 8/1/11

Stock Price


  1. Citation Needed [add]
  2. Opower snags $14M for energy efficiency data ( [edit]
  3. Opower Tallies $50M Amid Smart-Meter Backlash ( [edit]
  4. Thomas Kramer Joins Opower as Chief Financial Officer ( [edit]
    Rick McPhee Joins Opower as Vice President of Engineering ( [edit]
    Opower Claims 5 Million More Homes ( [edit]
    Opower ( [edit]
    Opower ( [edit]
    Energy data company Opower to raise up to $100M in IPO ( [edit]
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Last Edited 4/4/14

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