WHY WE INVESTED: Dan and Alex are passionate about taking care of the environment, and their vision for OPOWER is to help consumers minimize their carbon footprint. The company uses behavioral pyschology principles to help individuals change the way they think about energy conservation and reduce overall consumption.
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TEAM
Dan Yates, Alex Lasky
HEADQUARTERS
Washington, DC
FOUNDED
2007
CO-INVESTORS
NEA, Accel Partners, Kleiner Perkins, Angels
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OPOWER is an energy efficiency and Smart Grid software company that helps utilities meet their efficiency goals through effective customer engagement. The company’s behavioral science and data analytics platform helps utilities connect with their customers in a highly targeted fashion and motivate reductions in energy use.
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