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§ Private Profile · Dublin, Ireland
Openvolt is a technology company.
Openvolt provided a developer-friendly API for accessing smart meter data across European markets. Its core product simplified granular energy consumption retrieval, offering a compliant, secure platform for third-party applications. This enabled diverse use cases, including energy efficiency, solar PV optimization, virtual power plants, and EV charging solutions.
Co-founded in 2023 by Don O’Leary and Dave Curran, Openvolt addressed the need for standardized energy data access. O’Leary, a former Stripe site lead with prior roles at Google and Twitter, provided technology leadership. Curran, a former Glassdoor VP of Product, offered expertise crucial for their innovative data aggregation solution.
The platform catered to developers building solutions for energy services, renewables, and smart grids. Openvolt envisioned empowering innovators by unlocking valuable energy data, fostering sustainability and efficiency. Despite this market opportunity, the company later ceased operations via a voluntary winding up.
Openvolt has raised $2.0M across 1 funding round.
Openvolt has raised $2.0M in total across 1 funding round.
Openvolt has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in September 2023.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2023 | $2M Seed | Cavalry Ventures | Übermorgen Ventures | Announced |
Openvolt is a Dublin-based climate tech startup founded in 2023 that builds a developer-friendly API providing seamless access to smart meter energy data across Europe.[1][2][3][4] It serves developers and innovators in the energy sector, solving the problem of financial, legal, and technical barriers to granular, user-permissioned energy data, which enables new solutions for energy management and sustainability.[1][2] The company raised €1.5 million ($1.7M total equity) in a pre-seed round in September 2023, led by Cavalry Ventures with participation from Übermorgen Ventures, fueling API development and hiring for roles like remote software engineers.[1][3] This funding supports its growth momentum in unlocking data-driven climate innovations, akin to open banking's impact on finance.[1]
Openvolt was founded in 2023 by Dave Curran (CEO) and Don O’Leary (CTO) in Dublin, Ireland, with a focus on clean energy utility systems.[1][3] The idea emerged from recognizing that combating climate change demands actionable, granular energy data, which was previously inaccessible due to regulatory and technical hurdles across Europe.[1] Early traction came swiftly with the €1.5 million pre-seed raise just months after founding, validating their vision and enabling rapid API prototyping and team expansion.[1][3] Co-founder Curran emphasized removing barriers to spur innovation, while O’Leary highlighted empowering developers to integrate energy data without complexity.[1]
Openvolt stands out in the energy data space through these key strengths:
Openvolt rides the clean energy data democratization trend, fueled by Europe's push for net-zero goals and smart meter rollouts, where accessible data is key to efficiency and renewables integration.[1][3] Timing is ideal amid regulatory shifts like open energy data mandates, paralleling open banking's fintech boom, with market forces like rising energy costs and climate urgency amplifying demand.[1] It influences the ecosystem by empowering developers to create apps for demand response, efficiency optimization, and sustainable ventures, potentially accelerating climate tech adoption in a sector valued for its high-impact potential.[1][2][3]
Openvolt is poised to expand its API across more European markets, hire aggressively, and forge partnerships with utilities and climate startups, capitalizing on smart meter proliferation.[1][3] Trends like AI-driven energy optimization and stricter EU decarbonization rules will shape its path, potentially evolving it into a foundational platform for the "open energy" era.[1] As data access barriers crumble, Openvolt could catalyze a wave of energy innovations, solidifying its role in unlocking sustainable solutions much like it aims to from day one.[1]
Openvolt has raised $2.0M in total across 1 funding round.
Openvolt's investors include Cavalry Ventures, Übermorgen Ventures.