
Ohmconnect Stock
Our electricity grid operates under the antiquated assumption that the only thing that can change is turning on and off power plants.
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About Ohmconnect Stock
Ohmconnect is a software based power plant. Instead of turning on a dirty coal or gas power plant during times of peak demand, Ohmconnect has hundreds of users reduce their electricity. Best part is that instead of paying dirty gas power plants to turn on, ohmconnect can pay its users to turn down. When users sign up, they are told when to reduce their electricity. If they participate, their energy reductions can be sold into the markets as additional generation. Ohmconnect hooks into users' wifi thermostats, electric cars, and smart devices to automate these reductions. Our users are presented with a clean visualization of where their energy is coming from and where their energy is going. For each event that they participate in, they earn Ohmconnect points which can be cashed out at any time.
Funding History
2013-11-01 | $0 |
---|---|
2015-12-01 | $0 |
2018-04-01 | $8.5M |
Management
President & CTO
Cadir Lee
Co-Founder & CEO
Matt Duesterberg
Co-Founder & CMO
Curtis Tongue
Press
Markets Insider - Jun, 4 2018
New Energy Storage Projects Will Support A Cleaner, More Reliable Power GridGreentech Media - Apr, 19 2018
OhmConnect Reveals $15M in VC Funding and 100MW Stake in Behavioral Demand ResponsePSFK - Jan, 12 2018
This California Startup Pays Homeowners To Reduce Electricity UseEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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