SaaS startups have become the darling of Venture Capital investors, especially in the Renewable Energy industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 3 VC funded SaaS startups in the Renewable Energy industry.
A GMaaS (Grid Management Software as a Service) platform is being developed by Camus Energy to support the eventual DSO. Camus's platform equips industry leaders to safely and strategically manage a grid environment that is quickly evolving by giving grid operators and load serving organizations improved situational awareness, knowledge, and control. In order to take advantage of new opportunities on distribution grids, Camus' founders and collaborators are utilizing knowledge from various sectors, including the founders' innovative work creating Google's worldwide traffic management platform.
Clir is a program for reporting and optimizing renewable energy sources that combines AI with a cloud-based platform to improve the efficiency and profitability of renewable energy facilities.
Covetool has created ground-breaking machine learning technology that enables customers to find more cost-effective and energy-efficient construction methods for their buildings. The program creates intelligent, precise models in a tenth of the time to assist customers in researching various building options and selecting the best one.