Shifted Energy
Shifted Energy provides a distributed energy resource management system (DERMS) platform that enables electric utilities to aggregate distributed energy resources into virtual power plants. Acquired by Resource Innovations in October 2025, the company serves 25 utility clients across the U.S. and Canada.
- Company typePrivate
- Founded2016
- HeadquartersHonolulu, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Shifted Energy does
Shifted Energy, founded in 2016 in Honolulu, Hawaii, develops a distributed energy resource management system (DERMS) platform that enables electric utilities to aggregate distributed energy resources—including solar PV, battery storage, EV chargers, and smart appliances—into virtual power plants. Its flagship product, the RI Shifted Energy DERMS Platform (launched October 2025 under Resource Innovations), combines forecasting, optimization, and device integration capabilities to deliver asset-level visibility, locational dispatch, and day-ahead electricity demand forecasting. The platform functions as either a primary or secondary DERMS, supports deployment in cloud, on-premises, and FedRAMP High environments, and integrates with more than 100 OEMs to provide a single normalized data layer across heterogeneous grid devices.
The platform has been validated at scale through 2M+ device-level dispatches, 16K+ group-level dispatches, and 6+ years of live multi-asset operations across 25 utility clients in the U.S. and Canada. Shifted Energy's forecasting technology earned second place in the U.S. Department of Energy's American-Made Net Load Forecasting Prize in October 2023, submitting day-ahead demand forecasts across multiple national substations. The company has also deployed enhanced virtual power plant solutions with LUMA Energy in Puerto Rico.
Shifted Energy operates as a B2B enterprise software provider targeting electric utilities through direct enterprise sales and field engagements. Revenue is generated through DERMS platform licensing and utility software-as-a-service/managed-service contracts; pricing is quote-based and not publicly disclosed. In March 2023, the company raised a $4.3 million seed round led by EPIC Ventures and Kapor Capital (with Buoyant Ventures, Hunt Companies, and Startup Capital Ventures x SBI Fund participating). In October 2025, Shifted Energy was acquired by Resource Innovations, becoming part of the industry's first integrated turnkey utility demand-side management (DSM) and edge DERMS platform, with expanded distribution across the U.S. and Canadian utility markets.
Shifted Energy firmographics
Firmographics- Name
- Shifted Energy
- Legal name
- Shifted Energy
- Website
- https://shiftedenergy.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Acquired
- Headcount range
- 11–50 employees
- Short description
- Shifted Energy provides a distributed energy resource management system (DERMS) platform that enables electric utilities to aggregate distributed energy resources into virtual power plants. Acquired by Resource Innovations in October 2025, the company serves 25 utility clients across the U.S. and Canada.
- Ownership category
- akta.pro rank
Shifted Energy industry classification
Industry- Product category
- Distributed Energy Resource Management Software (DERMS)
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- DER Management Systems (DERMS) & Virtual Power Plants (VPP) (EUADAPAD)
- akta.pro secondary industries
- DER Aggregation & Virtual Power Plants (VPPs) (EUAMAJAC), Aggregator-as-a-Service & White-Label VPP Programs (Retailers, OEMs, Utilities) (EUAFAHAK)
Keywords
Where Shifted Energy is headquartered
LocationHeadquarters
- HQ city
- Honolulu
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Shifted Energy business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- DERMS Platform Licensing: Software platform providing distributed energy resource management capabilities to utilities. Shifted Energy develops software that creates virtual power plants by connecting smart devices in homes, benefiting grid stability and utility customers.
- Utility Software-as-a-Service: Platform delivered as a managed service to utilities with deployment options across cloud, on-premises, and FedRAMP High environments.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
Shifted Energy product offering
Product offeringCore offering
Shifted Energy develops and licenses a Distributed Energy Resource Management System (DERMS) software platform that aggregates distributed energy resources such as solar PV, battery storage, EV chargers, and smart appliances into virtual power plants (VPPs) for electric utilities. The platform provides asset-level forecasting, optimization, locational dispatch, and device integration across 100+ OEMs, and is offered with flexible deployment options including cloud, on-premises, and FedRAMP High environments.
Product overview
Shifted Energy (now part of Resource Innovations) offers a unified DERMS platform that enables Virtual Power Plants (VPPs) by aggregating distributed energy resources including solar PV, battery storage, EV chargers, and smart appliances. The flagship product, RI Shifted Energy DERMS Platform, combines forecasting and optimization with device integration capabilities, allowing utilities to launch VPPs in as little as 60 days. The platform operates at asset-level granularity for precise dispatch and control, supporting flexible deployment across cloud, on-premises, and FedRAMP High environments. Key capabilities include flexible control architecture, aggregator-of-aggregators functionality, asset-level insights, and locational dispatch—validated at scale with 2M+ device-level dispatches across 25 utility clients.
Differentiator
Problem solved
Functional benefit
Products and services
- RI Shifted Energy DERMS Platform A utility-ready Distributed Energy Resource Management System (DERMS) software platform that combines forecasting and optimization with device integration to help electric utilities launch and scale virtual power plants (VPPs). Delivers asset-level visibility and control for planning, dispatch, and growth of load flexibility across the grid, with deployment options across cloud, on-premises, and FedRAMP High environments.
Quantifiable outcome
- 2M+ device-level dispatches completed across the platform
- +4 more outcomes
Companies that use Shifted Energy
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
Shifted Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature7 records
Shifted Energy partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Resource InnovationsflagshipResource Innovations acquired Shifted Energy to create the industry's first integrated turnkey utility demand-side management (DSM) and edge DERMS platform. The combined entity offers scalable, equitable grid-edge solutions addressing U.S. electricity demand and grid reliability challenges.
Scale indicators8 records
Recent moves6 records
Expansion highlights6 records
Shifted Energy competitors and assessment
Company assessmentDirect peers
- EnergyHub: EnergyHub provides a DERMS platform for utilities to aggregate customer-side distributed energy resources (thermostats, batteries, EVs, water heaters) into virtual power plants. It is a direct competitor to Shifted Energy with overlapping utility customer base and a Mercury DERMS platform that competes on device integration, forecasting, and demand response.
- GridPoint: GridPoint provides an enterprise energy management and DERMS platform for commercial enterprises and utilities, with focus on asset-level visibility, energy optimization, and demand response. It competes with Shifted Energy in the DER aggregation and dispatch space, especially across multi-site commercial customers.
- Uplight: Uplight is a leading utility customer energy management and DERMS platform serving 80+ utilities. After acquiring AutoGrid, Uplight directly competes with Shifted Energy in DER orchestration, VPP enablement, and utility demand-side management, with comparable device-agnostic aggregation capabilities and a larger utility footprint.
- Voltus: Voltus operates a virtual power plant platform that aggregates distributed energy resources — including commercial batteries, smart buildings, and behind-the-meter assets — to provide grid services. It overlaps with Shifted Energy on VPP orchestration and demand response aggregation, primarily serving commercial and industrial rather than residential water-heater loads.
- Smarter Grid Solutions (Mitsubishi): Smarter Grid Solutions provides an Active Network Management and DERMS platform for utilities, integrating distributed energy resources at the grid edge. It is a direct competitor in DER orchestration with comparable utility deployments and was acquired by Mitsubishi Electric, providing similar incumbent distribution scale to what Shifted Energy gains via Resource Innovations.
Emerging players
- Kevala: Kevala provides grid analytics and DER planning software for utilities, supporting hosting capacity analysis, DER interconnection, and distribution planning. It is comparable to Shifted Energy's grid-edge analytics capabilities but focuses on planning rather than real-time dispatch and control.
- Leap: Leap is a VPP marketplace that connects distributed energy resources (batteries, EVs, smart thermostats) to grid service programs and utilities. It overlaps with Shifted Energy's 'aggregator of aggregators' concept but operates more as a marketplace/connectivity layer than a full DERMS forecasting platform.
Broad incumbents
- OATI (Open Access Technology International): OATI offers a comprehensive suite of energy management, DERMS, and grid software serving utilities, ISOs, and energy markets. Its WebDistribute and related DERMS products overlap with Shifted Energy's platform but OATI is a broader incumbent with established utility relationships across North America.
- AutoGrid (Schneider Electric): AutoGrid, now part of Schneider Electric's Grid Operations software portfolio, offers a DERMS and VPP platform serving utilities and energy retailers globally. It competes with Shifted Energy at the utility-enterprise level but is bundled with Schneider's broader ADMS/grid software suite, giving it scale advantages Shifted Energy lacks.
Others
- Resource Innovations: Resource Innovations is the parent company that acquired Shifted Energy in October 2025, integrating Shifted Energy's DERMS with its utility DSM and advisory services. While no longer an independent competitor, Resource Innovations is the parent platform that amplifies Shifted Energy's reach and competes broadly in utility energy services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Shifted Energy social profiles
Digital presenceShifted Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Shifted Energy leadership team
Management profileNumber of profiles
Profiles2 records
Shifted Energy funding detail
Funding detailFunding overview
Funding rounds5 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Shifted Energy M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Shifted Energy
What does Shifted Energy do?
Shifted Energy develops and licenses a Distributed Energy Resource Management System (DERMS) software platform that aggregates distributed energy resources such as solar PV, battery storage, EV chargers, and smart appliances into virtual power plants (VPPs) for electric utilities. The platform provides asset-level forecasting, optimization, locational dispatch, and device integration across 100+ OEMs, and is offered with flexible deployment options including cloud, on-premises, and FedRAMP High environments.
Is Shifted Energy a public or private company?
Shifted Energy is a private company. It is classified as corporate owned and is currently acquired.
When was Shifted Energy founded?
Shifted Energy was founded in 2016. It employs 11 to 50 people.
Where is Shifted Energy based?
Shifted Energy is headquartered in Honolulu, United States, in the North America region.
How does Shifted Energy make money?
Two revenue lines are on record. DERMS Platform Licensing is the primary driver. The others are utility Software-as-a-Service.
Who are Shifted Energy's main competitors?
Direct peers on record are EnergyHub, GridPoint, Uplight, Voltus and Smarter Grid Solutions (Mitsubishi). Emerging players are Kevala and Leap. Broad incumbents are OATI (Open Access Technology International) and AutoGrid (Schneider Electric). Resource Innovations is listed as an others.
Does Shifted Energy have an API?
No public API is recorded for Shifted Energy.
What industry is Shifted Energy in?
Shifted Energy's product category is Distributed Energy Resource Management Software (DERMS). Its primary akta.pro industry code is EUADAPAD, DER Management Systems (DERMS) & Virtual Power Plants (VPP), with a secondary code of EUAMAJAC, DER Aggregation & Virtual Power Plants (VPPs). Its NAICS code is 2211 and its SIC code is 7373.