Side-by-side comparison of AI visibility scores, market position, and capabilities
Uplight-acquired DERMS and VPP platform managing 3,500 MW of flexibility for National Grid and NextEra; $160M raised at $22.9M revenue enabling utilities to orchestrate batteries, EVs, and smart loads for grid balancing.
AutoGrid is a Redwood City, California-based energy flexibility management software company — acquired by Uplight (Boulder-based energy technology company) in 2023 after raising $160 million from investors including GE Ventures, Envision Energy, Eneco, and ENGIE — providing utilities, energy retailers, and grid operators with AI-powered distributed energy resource management (DERMS), virtual power plant (VPP) orchestration, and demand flexibility platforms that aggregate and dispatch batteries, electric vehicles, HVAC systems, and industrial loads to balance grid supply and demand in real time. AutoGrid generated $22.9 million in revenue prior to acquisition and deployed technology managing 3,500 MW of flexibility capacity and 37,000 MWh of energy storage, serving customers including National Grid, NextEra Energy, and Pacific Gas & Electric.
Virtual Peaker provides demand flexibility software that enables utilities to control customer devices and manage grid load using distributed energy resources.
Virtual Peaker is an energy software company founded in 2016 that provides a demand flexibility and distributed energy resource management platform for electric utilities. The software enables utilities to enroll customer devices including smart thermostats, water heaters, EV chargers, and battery storage systems in demand response programs, then orchestrate those devices to reduce peak demand, integrate renewable energy, and manage grid constraints. Virtual Peaker's platform supports direct load control programs where utilities can adjust device settings during grid events as well as price-responsive programs where customers shift usage based on time-of-use pricing. The company serves over 50 utility customers across North America and manages millions of enrolled customer devices. Virtual Peaker raised $38M and was later acquired by Itron, a leading utility technology company, to strengthen Itron's distributed energy resource management capabilities. The platform addresses the critical challenge utilities face in managing increasingly complex grids as solar, EVs, and batteries proliferate among customer populations.
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