Revert Technologies

Revert Technologies

Private
Brunswick, MaineEnergy & Sustainabilityhttps://reverttech.com

Last Round

Seed

Mar 22, 2024

Total Funding Raised

$1.22M

Company Overview

Revert Technologies is an energy efficiency company that provides an enterprise software platform utilizing smart IoT power adapters, utility grid pricing analytics, and machine learning to optimize equipment usage. The company's AI-powered system automatically manages energy based on usage patterns and utility prices, helping businesses in North America reduce electricity costs by up to 30% and lower their carbon footprint. The company's product line includes the Acorn Smart Plug for commercial applications and the Teak Smart Cube for residential use.

Sector

Energy & Sustainability

Verticals

Energy Management, IoT Hardware, ESG Analytics, Smart Buildings

Business Model

B2B

Customer Profile

Hardware + Subscription, Subscription SaaS, Hardware Sales, Services & Consulting

AI Layer

Application

Keywords

energy management platformsmart plugsplug load managementAI energy managementidle load managementphantom load managementenergy cost reductionhardware-enabled SaaSbuilding energy managementIoT hardwaresmart building techautomated schedulingutility rate optimizationESG analyticscleantechgreentechcommercial smart plugs

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Revert Technologies Comps

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CompanyStatusEst. ValuationRev Multiple
OpenAIPrivate$86.0B~40x
CoherePrivate$5.0B--
Competitor 1Public$XX.XBXXx
Competitor 2Public$XX.XBXXx

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Revert Technologies Funding Rounds

Historical fundraising activity

RoundDateAmount RaisedValuationInvestorsSources
SeedMar 22, 2024
Pre SeedSep 13, 2022

Revert Technologies Investors

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Revert Technologies Filings

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Revert Technologies Filings

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Firmographic Details

HeadquartersBrunswick, Maine
Year Founded2022
Last FundingMar 22, 2024

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Disclaimer All investments involve risk, including the risk of loss of principal. You should carefully consider your investment objectives, risks, transaction costs and other expenses before deciding to invest in options, swaps or other investments.This does not constitute an offer by Caplight Technologies, Inc. to sell, or a solicitation of an offer to buy, any securities and may not be used or relied upon in connection with any offer or sale of securities. An offer or solicitation can be made only through the delivery of final offering document(s) and purchase agreement(s), and will be subject to the terms and conditions and risks delivered in such documents. Any securities offered are offered through Caplight Markets LLC, member FINRA/SIPC.