Varentec Revenue and Competitors

Location

$46.9M

Total Funding

Utilities

Industry

Estimated Revenue & Valuation

  • Varentec's estimated annual revenue is currently $961.4k per year.(i)
  • Varentec's estimated revenue per employee is $50,600
  • Varentec's total funding is $46.9M.

Employee Data

  • Varentec has 19 Employees.(i)
  • Varentec grew their employee count by -37% last year.

Varentec's People

NameTitleEmail/Phone
1
Director Supply ChainReveal Email/Phone
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$17.4M795%N/AN/A
#2
$230.4M7487%N/AN/A
#3
$38.5M1596%N/AN/A
#4
$17.2M7815%N/AN/A
#5
$8.3M470%N/AN/A
#6
$58.8M24328%N/AN/A
#7
$328.9M21366%N/AN/A
#8
$128.4M4674%N/AN/A
#9
$26M1185%N/AN/A
#10
$14.3M724%N/AN/A
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What Is Varentec?

Varentec was born in 2012 to bring intelligence and control to the grid-edge of our power delivery infrastructure. The company was inspired by cutting-edge research at the Georgia Institute of Technology; funded by Bill Gates, 3M, and Khosla Ventures; and was awarded support from the Department of Energyᅢᄁ¬ツᆲ¬トᄁs prestigious Advanced Research Projects Agency for Energy (ARPA-E). We believe that society must innovate with urgency and accelerate deployment of proven technologies at scale to improve the sustainability of our energy system. We view the electric power grid as a critical leverage point in our campaign. We unlock new energy savings through reduced end-use consumption; better integrate clean distributed energy resources; and bring the power of distributed computing and control to the edge of the grid to benefit consumers, the economy, and our environment.

keywords:Clean Technology

$46.9M

Total Funding

19

Number of Employees

$961.4k

Revenue (est)

-37%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Varentec News

2022-04-20 - Solid State (Smart) Transformers Market Size, Outlook And ...

... Forecast | ABB, General Electric, Alstom, Mitsubishi Electric, Siemens, Schneider Electric, Cooper Power Systems, Varentec, Amantys Limited, GridBridge.

2019-11-12 - Daily funding roundup - November 11th, 2019

Flavourworks raised $3.8M; Chaser landed $4M; Varentec closed $5M; Hundred picks up $8M Flavourworks: Flavourworks’ interactive movie games fuse together live-action video with interactive gameplay. Flavourworks has raised $3.8 million in Series A funding led by Hiro Capital, with participation ...

2019-11-08 - Varentec Raises $5M in Growth Funding

Varentec, a Santa Clara, CA-based provider of grid-edge intelligence and control solutions, raised $5m in funding. The round was led by WindSail Capital Group. The company intends to use the funds to accelerate new commercial deployments of its Grid Edge Control technology. Originally funded ...

2016-08-10 - Varentec Closes Series C Funding Round

Varentec, a Santa Clara, Calif.-based provider of Grid Edge Volt VAR control solutions, closed its Series C funding round. Backers included existing investors 3M Ventures, Bill Gates and Khosla Ventures. The company intends to use the funds to expand activities internationally and to continue ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$1.5M19-59%N/A
#2
$1.7M19N/AN/A
#3
$1.7M19N/AN/A
#4
$1.7M19N/AN/A
#5
$2.1M19N/AN/A