Funding Received
$29 Million in 2 Rounds from 3 Investors
Most Recent Funding
$15 Million Series C on August 7, 2012
Founded:
2008
Headquarters:
Philadelphia, PA
Description:
Viridity is a smart grid technology provider that helps large energy consumers increase their energy efficiency.
Founders:
Alain Steven
Categories:
Smart Grid, Clean Technology
Website:
http://viridityenergy.com

Detailed Description

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Viridity Energy is a smart grid technology provider. Its customers are large energy consumers with a need to increase energy efficiency and decrease energy costs. They include: colleges and healthcare centers, commercial and industrial complexes, utilities, and all levels of the government and the military/public sector.

The company’s VPower™ platform solution enables customers to dynamically shift and balance energy load, integrate advanced energy technologies and convert existing energy investments into new revenue streams.

Viridity Energy helps organizations achieve sustainability goals and contribute to the greater good by stabilizing energy price fluctuations. Headquartered in Conshohocken, Pennsylvania, Viridity Energy was founded in 2008 by former executives of PJM Interconnection.

Viridity Energy is a separate entity from, and not to be confused with Boston-based green IT firm, Viridity Software.

Current Team (4)

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Funding Rounds (2) - $15M

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Board Members and Advisors (2)

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Investors (3)

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  • F7a54cf1bb837c8999151dd1de570857

    Mitsui & Co

    general trading company
  • 964561f880251526f6a9279fadecf1f3

    Braemar Energy Ventures

    While energy has been a key to global development since the dawn of the electronic age, the...
  • 1adc4cc32d1e1ba5ca2905312a2a80cd

    Intel Capital

    Intel Capital, Intel's global investment organization, makes equity investments in innovative...

Offices/Locations (1)

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  • Office

    Philadelphia, PA

    USA