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Vedero Software
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Short description

Developer of automated demand response software for commercial buildings

Founded in 2009
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy networks

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
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Headquarters Plano, TX Plano, United States
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Updated by Jim Kordoban at Vedero Software on 06/12/2014

Edited by Cleantech Group on 09/15/2020

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Date Company
05/24/2012

University of Texas at Arlington University of Texas at Arlington

UT Arlington will participate in demand response programs such as ERCOT’s Emergency Response Service (ERS) using Vedero Software by automatically curtailing energy in response to electric grid emergencies.

Confirmed by University of Texas at Arlington
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Date Partner Type
02/28/2012
Joule Assets Joule Assets
The companies have formed an alliance aimed at jointly offering automated demand response services to the commercial building market.
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Confirmed by Joule Assets
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Date Investors Type Amount
10/29/2013 Interwest Partners Interwest Partners , JDV Investments JDV Investments , Enhanced Capital Partners Enhanced Capital Partners , Berman Venture Capital Berman Venture Capital , The Fontaine Group The Fontaine Group (5)
Post-money valuation of
This financing round was disclosed via a regulatory filing.
 Structured Debt $455,000
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Vedero - DR Solution

Allows commercial property owners of large or multiple buildings to monetize their ability to manage and shed their energy load during per

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