ConnectM Technology Solutions
- Company typePublic
- Founded2019
- HeadquartersMarlborough, United States
- Headcount101–250
- GTM typeB2B
- OfferingSoftware
ConnectM Technology Solutions firmographics
Firmographics- 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
ConnectM Technology Solutions industry classification
Industry- 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
Where ConnectM Technology Solutions is headquartered
LocationHeadquarters
- HQ city
- Marlborough
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
ConnectM Technology Solutions business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure
Revenue model
- 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.
- 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).
- Managed Services: Managed energy services including virtual power plant operations, energy-asset ownership, and distributed energy resource management for enterprise customers.
- SaaS Software Licensing: Subscription-based software systems for transportation and logistics operations, including driver apps, operations command centers, and maintenance management platforms.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | B2B distribution and enterprise licensing |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
ConnectM Technology Solutions product offering
Product offeringCore 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
Companies that use ConnectM Technology Solutions
Customer profileNamed customers3 records
Segments5 records
Ideal customer profiles5 records
ConnectM Technology Solutions technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability9 records
Feature5 records
ConnectM Technology Solutions partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Blue Cloud Softech SolutionscoreBlue 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 EngineerscoreJoint 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 Renewablescore$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
ConnectM Technology Solutions competitors and assessment
Company assessmentDirect 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
ConnectM Technology Solutions social profiles
Digital presenceConnectM Technology Solutions financial estimates
Financial estimateRevenue estimate
Valuation estimate
ConnectM Technology Solutions leadership team
Management profileNumber of profiles
Profiles11 records
ConnectM Technology Solutions subsidiaries and ownership
Company hierarchySubsidiaries8 records
ConnectM Technology Solutions funding detail
Funding detailFunding overview
Funding rounds7 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ConnectM Technology Solutions M&A and investment
M&A and investmentM&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
What does ConnectM Technology Solutions do?
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.
Is ConnectM Technology Solutions a public or private company?
ConnectM Technology Solutions is a public company. It is classified as public and is currently operating.
When was ConnectM Technology Solutions founded?
ConnectM Technology Solutions was founded in 2019. It employs 101 to 250 people.
Where is ConnectM Technology Solutions based?
ConnectM Technology Solutions is headquartered in Marlborough, United States, in the North America region.
How does ConnectM Technology Solutions make money?
Four revenue lines are on record. Software Subscriptions are the primary driver. The others are product Sales (Hardware), managed Services and saaS Software Licensing.
Who are ConnectM Technology Solutions's main competitors?
Direct peers on record are Wallbox, Stem Inc. and Fluence Energy. Broad incumbents are Enphase Energy and Generac Holdings.
Does ConnectM Technology Solutions have an API?
No public API is recorded for ConnectM Technology Solutions.
What industry is ConnectM Technology Solutions in?
ConnectM Technology Solutions's product category is Energy Intelligence Platform. Its primary akta.pro industry code is EUAFAMAC, Bidirectional Charging Hardware (Onboard/Offboard Chargers, Inverters, EVSE), with a secondary code of TLAKAMAM, Grid Interconnection, Power Quality & Electrical Infrastructure Service (Transformers, Switchgear). Its NAICS code is 54151 and its SIC code is 7373.