Founded Year

2019

Stage

Series A - III | Alive

Total Raised

$79.95M

Last Raised

$23M | 1 yr ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+47 points in the past 30 days

About David Energy

David Energy provides energy solutions for homes and businesses. The company offers services including energy management, renewable energy integration, and support for devices like batteries, smart thermostats, and electric vehicles. David Energy primarily sells to the residential and commercial sectors, offering energy solutions to meet the needs of individual consumers and businesses. It was founded in 2019 and is based in New York, New York.

Headquarters Location

200 Varick Street Room 500

New York, New York, 10014,

United States

914-909-3940

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ESPs containing David Energy

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Industrials / Energy Tech

The virtual power plant (VPP) providers market aggregates distributed energy resources such as solar PV, batteries, and EVs through advanced software platforms. VPPs use real-time control systems, energy optimization algorithms, and machine learning to coordinate these distributed assets as unified power plants. These platforms enable demand response, grid services, and energy market participation…

David Energy named as Challenger among 14 other companies, including Schneider Electric, Exelon, and ev.energy.

David Energy's Products & Differentiators

    Electricity

    We sell electricity

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Research containing David Energy

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned David Energy in 3 CB Insights research briefs, most recently on Oct 24, 2025.

Expert Collections containing David Energy

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

David Energy is included in 4 Expert Collections, including Real Estate Tech.

R

Real Estate Tech

2,494 items

Startups in the space cover the residential and commercial real estate space. Categories include buying, selling and investing in real estate (iBuyers, marketplaces, investment/crowdfunding platforms), and property management, insurance, mortgage, construction, and more.

S

Smart Cities

3,531 items

G

Grid and Utility

3,063 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

E

Energy Management Software

745 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

Latest David Energy News

New Energy music festival wants to make solar-powered concerts the norm

Oct 21, 2025

How four solar-powered batteries fueled a concert in NYC last weekend. • 4 min read From the outside, the New Energy music festival looked like any other outdoor concert: A big tent housed a modest-sized stage and sound equipment, while another offered guests food and beverage options. But the power that fueled the festival didn’t come from a diesel generator, which is standard for outdoor events—it came from four batteries juiced up at a solar-powered EV charger outside New York City that were then transported to Governor’s Island, where the event was staged. New Energy was an extension of a conference hosted by the DER Task Force called “DERVOS”—a play on the World Economic Forum’s annual meeting in Davos, Switzerland—that was held on the island the day before. (DER stands for “distributed energy resources.”) James McGinniss, one of the event’s organizers and the CEO of clean power company David Energy, told Tech Brew that New Energy was about building public trust around solar power and battery storage, and showing concert-goers that clean energy systems are dependable. “The whole thinking is if we can just put this on display,” McGinniss said, “we want the general public to come to these shows and just grok that it works.” The solar power: The four batteries that DER Task Force used for the event were originally manufactured by Moxion, a portable battery startup. Even though the company went bankrupt last year, the batteries still work and were rented out to event organizers by an equipment rental company. Tricia Crimmins Two batteries powered the event’s main stage inside a repurposed nearby chapel, which hosted New York-based acts like electronic artist Eartheater, rapper Junglepussy, and DJ Doss. The third battery was hooked up to the food and beverage tent, and a handful of Bluetti portable power stations were on hand for attendees to charge their phones. A fourth fully charged battery sat idle as backup power. Tricia Crimmins This is the third party DERVOS has thrown at the end of its annual New York conference, and this year’s setup is its largest yet: Two years ago, they used a Ford F-150 Lightning to power the after-party, and last year they threw “Brooklyn’s first solar + battery powered concert” using portable batteries. In the future, McGinniss said he hopes to have solar arrays on-site and even more guests in attendance. Keep up with the innovative tech transforming business Tech Brew keeps business leaders up-to-date on the latest innovations, automation advances, policy shifts, and more, so they can make informed decisions about tech. Subscribe “There’s actually an economic model around having deployable solar and storage that can be a generator,” he said. “If we can grow this up to a 10,000-person festival over the next couple years on Governor’s Island, then it can inspire the work of others to be like, ‘Oh, wow, they’re not using diesel generators. Maybe we don’t have to, either.’” The people: New Energy Fest attracted a few different groups of people: Those who showed up for the music; the “DER-pilled,” a term DER Task Force uses to refer to folks who are enthusiastic about distributed energy; and people who were interested in the performances in addition to how the event was powered. Ric Leichtung, the founder of creative agency AdHoc Projects who booked the performers for the festival, told Tech Brew that in doing so they prioritized “artists who care about the environment, who care about where their energy comes from.” One attendee, Nicholas Birkhead, told Tech Brew he was excited about the festival because it introduces the general public to clean energy at a time when the Trump administration is focusing on non-renewable energy sources . Birkhead is an energy fellow at Carbon Reform, a climate tech company, and said he spent hundreds of dollars to attend DERVOS (mostly on a hotel room). “It’s a lot of money for me, but it’s what I can really contribute in this moment to play some small part in making this happen,” he said. “It’s really important, in my opinion, for the clean energy people to lean in as hard as they can.” Copy Keep up with the innovative tech transforming business Tech Brew keeps business leaders up-to-date on the latest innovations, automation advances, policy shifts, and more, so they can make informed decisions about tech. Subscribe

David Energy Frequently Asked Questions (FAQ)

  • When was David Energy founded?

    David Energy was founded in 2019.

  • Where is David Energy's headquarters?

    David Energy's headquarters is located at 200 Varick Street, New York.

  • What is David Energy's latest funding round?

    David Energy's latest funding round is Series A - III.

  • How much did David Energy raise?

    David Energy raised a total of $79.95M.

  • Who are the investors of David Energy?

    Investors of David Energy include BoxGroup, Equal Ventures, Union Square Ventures, Keyframe Capital, Alumni Ventures and 26 more.

  • Who are David Energy's competitors?

    Competitors of David Energy include OhmConnect.

  • What products does David Energy offer?

    David Energy's products include Electricity.

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Compare David Energy to Competitors

M
Meltek

Meltek is a climate tech startup that focuses on reducing carbon footprints through energy conservation in the residential sector. The company offers a demand response program that allows individuals to decrease their electricity usage during periods of high demand. This approach helps to manage the load on the grid and reduces the usage of certain power plants. Meltek primarily serves the residential energy market. It was founded in 2020 and is based in Rochester, New York.

M
Maplewell Energy

Maplewell Energy focuses on energy management within the commercial and industrial sectors. The company provides a system that manages energy demand to address peak demand, utility costs, and greenhouse gas emissions. Maplewell Energy serves commercial and industrial enterprises seeking improvements in energy efficiency. It was founded in 2019 and is based in Lafayette, Colorado.

OhmConnect Logo
OhmConnect

OhmConnect focuses on home energy management within the energy sector. The company offers solutions that utilize smart meter analytics and energy market integration to allow residential users to participate in demand response programs. By reducing electricity usage during peak times, customers can manage their energy expenses. It was founded in 2013 and is based in Oakland, California.

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