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§ Private Profile · Providence, RI, USA
Energy technology company developing advanced metering and energy management platforms for utilities, focused on smart grid applications.
Based in Providence, Rhode Island, Alektrona develops advanced metering hardware and energy management software platforms that network connected devices for smart grid applications. The company provides utilities and energy services firms with infrastructure to monitor, control, and optimize power consumption across residential, small commercial, and multi-dwelling units. Their integrated system connects electric, gas, and water meters alongside plug-in vehicles to facilitate demand-side management and improve overall grid efficiency for utility partners. The seed-stage enterprise secured a $200,000 second-round seed investment in early 2012, bringing its total venture funding to at least $450,000. These capital rounds were supported by backers including the Slater Technology Fund, managed by Thorne Sparkman, and the city of Providence. Alektrona was founded in 2003 by Christopher Leidigh and James Higgins, who previously held leadership roles at American Power Conversion Corporation.
Alektrona has raised $200K across 1 funding round.
Alektrona has raised $200K in total across 1 funding round.
Alektrona has raised $200K in total across 1 funding round.
Alektrona's investors include Slater Technology Fund.
Alektrona has raised $200K across 1 funding round. Most recently, it raised $200K Seed Extension in February 2012.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Feb 29, 2012 | $200K Seed Plus | Slater Technology Fund | — | Announced |