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Bidgely
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Short description

Developer of a SaaS solution to help utilities increase engagement, reduce attrition and cross-sell new products and services

Founded in 2010
Founded in

Company type Private Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 9
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Sunnyvale, CA Sunnyvale, United States
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Updated by Jonathan Koch at on 07/28/2017

Edited by Cleantech Group on 09/19/2023

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Date Company
11/06/2014

TXU Energy TXU Energy

The deal will migrate TXU’s existing MyEnergy Dashboard onto Bidgely’s cloud-based platform which will provide energy disaggregation to nearly 1.4 million Texas homes.

Confirmed by TXU Energy

Partnerships
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Date Partner Type
09/10/2020
Global Utilities Global Utilities
The companies will personalize the EV experience through AI solutions.
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Confirmed by Global Utilities
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IPO INFORMATION

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Description

Date Investors Type Amount
07/25/2023 CIBC Innovation Banking CIBC Innovation Banking (1)
Post-money valuation of
The additional financing commitment will strengthen Bidgely’s ability to support critical utility initiatives
Growth Equity $18,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

HomeBeat Energy Monitor

The Energy Monitor is a high resolution energy gateway that reads smart meter data at sub-minute intervals. When used with Bidgely's HomeBeat Web & Mobile solution, customers can track up to 10 appliance types, receive real-time energy notifications, and add appliances to track. The Energy Monitor uses a wireless ZigBee connection to the meter and the home Internet connection to Bidgely's servers.

Wide Commercial Availability
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$/kW (projected)
$/kWh (current)
$/kWh (projected)
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