Bidgely Raises $27 Million to Scale Energy Disaggregation for Utilities

By [email protected] Bidgely, the startup that combines energy disaggregation technology with utility customer connectivity, has raised a $27 million Series C round to help it serve more than 10 million homes with a blend of efficiency reports, energy usage alerts, and home energy audits.

Tuesday’s round is the largest yet for the Mountain View, California-based startup, and was led by Georgian Partners, along with previous investors Innogy, E.ON and Khosla Ventures. Previous investor Constellation Technology Ventures, the venture arm of U.S. utility holding company Exelon, is “expected to return” to add investment to the oversubscribed round, according to Tuesday’s press release.


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