XENDEE Corporation is a technology company.
XENDEE Corporation has raised $12.0M across 1 funding round.
XENDEE Corporation has raised $12.0M in total across 1 funding round.
XENDEE Corporation has raised $12.0M in total across 1 funding round.
XENDEE Corporation's investors include Anzu Partners.
XENDEE Corporation is a technology company specializing in advanced software platforms for designing, optimizing, and operating microgrids, distributed energy resources (DERs), and electric vehicle (EV) fast-charging infrastructure. Their flagship platform integrates feasibility analysis, proposal building, detailed engineering, and operational control to support clean energy projects, enabling users to rapidly model complex energy systems with multiple DER technologies. XENDEE serves a broad range of customers including fleet owners, commercial EV infrastructure developers, and energy system designers, helping them achieve carbon reduction, resilience, and financial returns. The company has demonstrated strong growth, doubling its customer base in 2023 and maintaining over 95% customer retention, driven by continuous innovation and new product releases like PROPOSE, which streamlines proposal generation for DER and EV infrastructure projects[1][3].
Founded in San Diego, California, XENDEE was co-founded by Adib Nasle (CEO) and Michael Stadler (CTO), who brought expertise in energy systems and software development. The idea emerged from the need to simplify and accelerate the design and operation of resilient, cost-effective microgrids and EV infrastructure, addressing the growing demand for clean energy solutions. Early traction included winning awards for their platform and securing funding rounds totaling over $12 million, enabling rapid product development and market expansion. Their evolution has focused on integrating AI-powered optimization and digital twin technology to enhance microgrid control and financial performance[2][3].
XENDEE rides the accelerating trend toward decarbonization, electrification, and grid resilience amid rising climate concerns and regulatory pressures. The timing is critical as industries and governments invest heavily in clean energy infrastructure, EV adoption, and microgrid deployment to enhance energy security and reduce carbon footprints. Market forces such as increasing DER penetration, demand for EV fast-charging networks, and the need for resilient power in critical facilities (e.g., data centers) work strongly in XENDEE’s favor. By enabling rapid, accurate design and operation of complex energy systems, XENDEE influences the broader ecosystem by lowering barriers to microgrid adoption and accelerating the transition to sustainable energy[1][2][4].
XENDEE is poised for continued growth as it expands its customer base and product capabilities, particularly in AI-driven operational control and integration with emerging DER technologies. Future trends shaping its journey include the proliferation of EVs, increasing regulatory incentives for clean energy, and the growing importance of energy resilience in critical infrastructure. XENDEE’s influence is likely to deepen as it helps stakeholders optimize investments in microgrids and DERs, driving more widespread adoption and innovation in the clean energy sector. Their end-to-end platform and strong industry partnerships position them well to lead in the evolving energy transition landscape[1][3][5].
XENDEE Corporation has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series A in June 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jun 1, 2022 | $12.0M Series A | Anzu Partners |