ConnectM Technology Solutions

Name

ConnectM Technology Solutions

Legal name

ConnectM Technology Solutions, Inc.

Website

https://connectm.com

Company type

Public

Founded year

2019

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Energy Intelligence Platform

NAICS

Computer Systems Design and Related Services (54151), Electronic Connector Manufacturing (334417), Electric Power Generation, Transmission and Distribution (2211), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Integrated Systems Design (7373), Computer Communications Equipment (3576), Electric Services (4911)

akta.pro primary industry

Bidirectional Charging Hardware (Onboard/Offboard Chargers, Inverters, EVSE) (EUAFAMAC)

akta.pro secondary industries

Grid Interconnection, Power Quality & Electrical Infrastructure Service (Transformers, Switchgear) (TLAKAMAM), Charging Infrastructure Components (connectors, cables, dispensers, payment/controls) (IMAGAHAH), Network Engineering, Integration & Field Deployment Services (Design, Build, Test) (EUADAIAM)

Keywords

• Energy intelligence platform
• Fleet management software
• Heat pump systems
• Energy storage solutions
• EV battery diagnostics

Headquarters

HQ city

Marlborough

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Software Subscriptions: ConnectM licenses its Energy Intelligence Network data to service providers and enterprises on a subscription basis for proactive maintenance and replacement job optimization.
2. Product Sales (Hardware): Sale of physical products including Keen Smart Heat Pumps, Hi-E and Hi-C energy storage systems, EV connectivity hardware (Digital Control Units, connected display clusters, vehicle control units).
3. Managed Services: Managed energy services including virtual power plant operations, energy-asset ownership, and distributed energy resource management for enterprise customers.
4. SaaS Software Licensing: Subscription-based software systems for transportation and logistics operations, including driver apps, operations command centers, and maintenance management platforms.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

ConnectM operates the Energy Intelligence Network, an AI-powered platform that monitors and manages electrified assets across residential, commercial, transportation, and logistics segments, serving more than 30,000 customers across 120,000+ assets. The company sells proprietary hardware products including Keen Smart Heat Pumps, Hi-C and Hi-E energy storage systems, and EV connectivity hardware (Digital Control Units, connected display clusters, Vehicle Control Units), all integrated through the platform. It also delivers last-mile delivery software through DeliveryCircle and defense technical data services through Harry Kahn Associates.

Product overview

ConnectM Technology Solutions operates a platform-plus-modules architecture centered on its proprietary Energy Intelligence Network (EIN), an AI-powered platform that monitors and manages electrified assets across residential, commercial, transportation, and logistics segments. The platform is developed and enhanced by Keen Labs, a wholly-owned technology subsidiary. Product portfolio includes Hi-C™ hybrid energy storage systems for high-power applications, Hi-E™ energy storage for long-duration and VPP applications, Keen Smart Heat Pumps with AI-driven optimization, EV fleet management and battery diagnostics solutions, and DeliveryCircle last-mile delivery software. The company has expanded through strategic acquisitions including Amperics (battery-supercapacitor technology), Harry Kahn Associates (defense data systems), Geo Impex (logistics development), and DeliveryCircle (last-mile logistics), targeting the $2 trillion electrification market with over 120,000 connected assets.

Differentiator

Problem solved

Functional benefit

Brands

• Keen Labs: Wholly-owned technology subsidiary developing AI, control, and energy intelligence platforms. Portfolio includes industrial IoT hardware, Hi-C and Hi-E energy storage systems, smart heat pumps, and connected vehicle technologies.
• Keen Home
• StarConnectM LLP
• Hi-E Energy Storage
• Hi-C Hybrid Energy Storage
• Keen Smart Heat Pump
• Smart Mobility
• DeliveryCircle

Products and services

• Energy Intelligence Network (EIN) Platform AI-powered software platform that monitors and manages over 120,000 electrified assets across residential, commercial, transportation, and logistics segments, serving more than 30,000 customers and collecting more than 30 GB of data daily to refine proprietary AI models for predictive diagnostics and optimized asset deployment.
• Keen Smart Heat Pump

Quantifiable outcome

• 58% revenue increase to $35.8 million in FY2025
• +5 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Blue Cloud Softech SolutionscoreStrategic or Co-development Partner · 24 December 2025Blue Cloud Softech acquired Global Impx Inc. (ConnectM's India subsidiary) in an all-equity share swap transaction. Blue Cloud will issue 160 million shares to ConnectM for approximately 17.3% post-issue equity stake. The transaction supports ConnectM's strategy to concentrate operations in the United States while maintaining India exposure through Blue Cloud equity. Blue Cloud plans to integrate Global Impx's energy, mobility, software and infrastructure capabilities into its AI, Energy and Data Center strategy.
• Star EngineerscoreStrategic or Co-development Partner · 20 November 2025Joint venture StarConnectM LLP launched in Marlborough, Massachusetts to develop AI-powered connected vehicle platforms. Combines Star Engineers' manufacturing capabilities with Keen Labs' AI-driven mobility technology, initially focusing on Indian market with plans for global expansion.
• Greentech RenewablescoreChannel Partner/ Reseller/ Distributor · 10 November 2025$1.7 million distribution agreement for Keen Smart Heat Pumps distributed through Greentech's network of solar, electrical, and energy contractors. Cumulative commitments reached $3.6 million by March 2026. Partnership designed to accelerate adoption of electric heating and cooling solutions, leveraging Keen Labs' AI-driven technology combined with Greentech's logistics and contractor network.

Scale indicators12 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Wallbox:
• Stem Inc. Stem provides AI-driven energy storage optimization and virtual power plant software for commercial and industrial customers. Directly comparable to ConnectM's EIN platform and Hi-E/Hi-C storage strategy, with both companies monetizing distributed energy assets through software and VPP participation.
• Fluence Energy: Fluence is a global leader in grid-scale and commercial energy storage with an AI-enabled energy management platform (Nuvve). Closely comparable to ConnectM's Hi-C hybrid storage and EIN platform strategy targeting utility and VPP applications.

Broad incumbents

• Enphase Energy: Enphase is a leading energy management technology company with microinverters, batteries, and an IQ Energy Cloud platform covering residential and commercial solar-plus-storage. Comparable to ConnectM's residential electrification and energy storage strategy, though at materially greater scale.
• Generac Holdings: Generac is a broad incumbent in residential and commercial distributed energy including generators, battery storage, and energy monitoring. Overlaps with ConnectM's heat pump, energy storage, and home electrification portfolio, but serves a much larger customer base with a different channel mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ConnectM_TechCo
• LinkedInlinkedin.com/company/connectm-technology-solutions

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries8 records

Funding overview

Funding rounds7 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A11 records

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ConnectM Technology Solutions