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Company	Viridity Energy
Short Description	Developer of smart grid demand response technology
Status	Acquired
Year Founded	2008
Industry Group	energy & power
Sector	energy networks
TRL Range	9
Country	United States
Nbr Employees	11-50
Revenue Range
Total Equity Capital Raised	$38.5M
Last Stage Capital Raised	Growth Equity round of $8.5M 2016
Investors	General Electric, Intel Capital, Braemar Energy Ventures, Novus Energy Partners, Mitsui Global Investment, Ben Franklin Technology Partners, AltEnergy

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Viridity Energy

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Short description

Developer of smart grid demand response technology

Founded in 2008

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Company type Acquired Public ()

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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 Philadelphia, PA Philadelphia, United States

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Updated by Cleantech Group on 06/09/2021

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Eric Alam

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7 partnerships
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6 financing events

7 investors

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1 M&A items

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		Can't find a company? Add a company Description 400/400 characters left Related press release or article about this deal Confirm relationship* (Enter the email address of your counterpart at this company so they can confirm your relationship!) Cancel Save
10/05/2011		Con Edison Con Edison Viridity is working with Con Edison and the City of New York Economic Development Corporation to optimize advanced building technologies and solar generation from City owned properties, such as the Brooklyn Army Terminal, into clean, virtual power generation. Confirmed by Con Edison	Learn more	Delete

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10/05/2011

Con Edison Con Edison

Viridity is working with Con Edison and the City of New York Economic Development Corporation to optimize advanced building technologies and solar generation from City owned properties, such as the Brooklyn Army Terminal, into clean, virtual power generation.

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11/12/2014	American Vanadium American Vanadium The two companies will explore the deployment of CellCube vanadium flow storage systems for Viridity customers. View source Confirmed by American Vanadium	Technology Partner	Delete

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05/13/2016	AltEnergy AltEnergy (1) Post-money valuation of This investment will help fuel the continued rapid growth of the company, and further extend its leadership position in energy storage and advanced demand response (source)	Growth Equity	$8,500,000	Delete

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Developer of smart grid demand response technology

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