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Builds energy data infrastructure connecting utilities, grid operators, and energy markets with real-time operational intelligence.
Texture builds an AI-native platform designed to orchestrate energy operations across diverse assets, teams, and partners. This industry cloud solution helps organizations command, coordinate, comply with regulations, and consolidate their energy data, effectively transforming fragmented data into actionable intelligence. The platform's core capability lies in putting energy data to work everywhere, fostering real-time connections between people, places, and devices to enhance operational efficiency.
The company was co-founded by Sanjiv Sanghavi, who serves as CEO, bringing a strong background from co-founding ClassPass and his tenure as Chief Product Officer at Arcadia. Sanghavi’s insight stemmed from recognizing the pervasive fragmentation within energy data and the critical need for a unified operating system tailored for energy companies. This led to the development of a common data collection and sharing platform, particularly aimed at renewable power sources.
Texture serves a broad clientele including energy innovators, grid operators, and utilities, providing them with robust software solutions. Its long-term vision is to establish itself as a primary platform for the energy industry, enabling personalized energy services and empowering its users to create practical and powerful energy management systems that seamlessly connect devices and extend platform capabilities through established protocols.
Texture Energy has raised $7.5M across 1 funding round.
Texture Energy has raised $7.5M in total across 1 funding round.
Texture builds an AI-native platform designed to orchestrate energy operations across diverse assets, teams, and partners. This industry cloud solution helps organizations command, coordinate, comply with regulations, and consolidate their energy data, effectively transforming fragmented data into actionable intelligence. The platform's core capability lies in putting energy data to work everywhere, fostering real-time connections between people, places, and devices to enhance operational efficiency.
The company was co-founded by Sanjiv Sanghavi, who serves as CEO, bringing a strong background from co-founding ClassPass and his tenure as Chief Product Officer at Arcadia. Sanghavi’s insight stemmed from recognizing the pervasive fragmentation within energy data and the critical need for a unified operating system tailored for energy companies. This led to the development of a common data collection and sharing platform, particularly aimed at renewable power sources.
Texture serves a broad clientele including energy innovators, grid operators, and utilities, providing them with robust software solutions. Its long-term vision is to establish itself as a primary platform for the energy industry, enabling personalized energy services and empowering its users to create practical and powerful energy management systems that seamlessly connect devices and extend platform capabilities through established protocols.
Texture Energy has raised $7.5M in total across 1 funding round.
Texture Energy's investors include Kiran Bhatraju, Abstract Ventures, Day One Ventures, Equal Ventures, Lerer Hippeau.
Texture Energy has raised $7.5M across 1 funding round. Most recently, it raised $7.5M Texture - Seed in April 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 23, 2024 | $7.5M Texture - Seed | Kiran Bhatraju, Abstract Ventures, Day One Ventures, Equal Ventures, Lerer Hippeau |