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UtiliData
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Supplier of voltage optimization products for the electric utilities

Founded in 1983
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 Providence, RI Providence, United States
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Updated by Kathryn Dunkelman at UtiliData on 05/20/2015

Edited by Cleantech Group on 05/06/2025

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Date Company
02/02/2015

Pacific Gas & Electric (PEG) Pacific Gas & Electric (PEG)

Utilidata announced today that it will work with Pacific Gas and Electric company (PG&E) on a Smart Grid Voltage and Reactive Optimization Pilot Program that aims to reduce energy use, better integrate intermittent sources of renewable energy like solar and improve the efficiency of the electric distribution system.

Confirmed by Pacific Gas & Electric (PEG)

Partnerships
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Date Partner Type
03/12/2024
Aclara Aclara
Utilidata and Nividia's AI platform Karman, will be used to share insights on grid infrasructure.
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Confirmed by Aclara
Technology Partner
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IPO INFORMATION

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Description

Date Investors Type Amount
04/29/2025 Renown Capital Management Renown Capital Management , Quanta Quanta , Nvidia Nvidia , Keyframe Capital Keyframe Capital (4)
Post-money valuation of
Funding will support distributed AI platform developed in collaboration with NVIDIA to support energy systems applications
Growth Equity $60,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

AdaptiVolt

Collects data from the grid every 15 seconds and adjusts the voltage of the grid to fit consumer demands more efficiently and cost-effectively

Wide Commercial Availability Products - Wholesale
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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