Recurve

Name

Recurve

Legal name

Recurve Analytics Inc.

Website

https://recurve.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Energy Management Software (Demand Flexibility / M&V)

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Telemetry, Metering & Measurement & Verification (M&V) for Flexibility (EUAFAHAJ)

akta.pro secondary industry

Aggregator-as-a-Service & White-Label VPP Programs (Retailers, OEMs, Utilities) (EUAFAHAK)

Keywords

• Demand flexibility platform
• Energy measurement verification
• Utility demand response
• Smart meter analytics
• Open source M&V software

Headquarters

HQ city

Mill Valley

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Marketing or Sales, Operations

Revenue model

1. Software Platform Subscription: Recurve provides its FLEX platform as a software solution to utilities, implementers, and partners. The platform manages demand-side programs including forecasting, targeting, tracking, optimization, and settlement. Supports portfolios ranging from early-stage pilots to fully integrated performance-based programs.
2. Performance-Based Fees: FLEXmarkets implement a market-based, pay-for-performance model that rewards market aggregators for projects delivering hourly impacts measured at the meter. Utilities pay only for delivered impacts.

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Recurve operates the FLEX Platform, an open-source SaaS platform that helps utilities and their partners transform smart meter and customer data into reliable, cost-effective demand-side programs spanning energy efficiency, demand response, electrification, and virtual power plants. The platform includes FLEX Insights for planning/segmentation/targeting, FLEX Programs for execution and settlement, and the OpenEEmeter open-source measurement and verification engine. Recurve also pioneered the FLEXmarket pay-for-performance program model for utilities.

Product overview

Recurve offers the FLEX Platform as its core unified product, which includes two integrated modules: FLEX Insights for demand-side planning, segmentation, and targeting; and FLEX Programs for launching, managing, and settling demand-side programs at scale. The platform is complemented by OpenEEmeter, an open-source measurement and verification component that evaluates real-world program performance. The company also pioneered the FLEXmarket program model for pay-for-performance demand flexibility. The platform supports all intervention types including energy efficiency, demand response, electrification, and VPPs, and serves utilities, implementers, aggregators, and advisors.

Differentiator

Problem solved

Functional benefit

Brands

• FLEX Platform: The first and only demand-side platform designed specifically for utilities, implementers, aggregators, and advisors. Helps teams plan, execute, and settle demand-side programs across all types including energy efficiency, demand response, electrification, and VPPs.
• FLEX Insights
• FLEX Programs
• OpenEEmeter

Products and services

• FLEX Platform Open-source SaaS demand flexibility platform that connects data across disparate programs and systems so utilities, implementers, aggregators, and advisors can plan, execute, measure, target, optimize, and settle demand-side programs (energy efficiency, demand response, electrification, VPPs) on verified meter data.
• OpenEEmeter Open-source advanced measurement and verification (M&V) software that evaluates real-world performance of energy efficiency and electrification projects. Approved by NREL and DOE as the first open-source M&V software for IRA Home Energy Rebates and tightly integrated within the FLEX platform.
• FLEXmarket Market-based, pay-for-performance program model that rewards aggregators for projects delivering hourly impacts measured at the meter, designed to reduce overhead and expand the business models and technologies available to utility customers.

Quantifiable outcome

• 102% average realization rate across FLEX-managed programs
• +4 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Five partnerships are on record, tiered core and minor.

• GridXcoreTechnology or Integration · 12 November 2025GridX and Recurve partnered to enhance utilities' demand flexibility programs, enabling better design, targeting, and verification of rate structures like Time-of-Use and dynamic pricing. Collaboration aims to address challenges in customer engagement and grid reliability, making demand flexibility a reliable resource for energy management.
• Calpine Energy SolutionscoreStrategic or Co-development Partner · 1 October 2025Strategic partnership expansion where Calpine leverages FLEX in its work with leading community choice aggregators across multiple markets. Calpine serves as an implementation and delivery partner.
• TECH Clean CaliforniacoreStrategic or Co-development PartnerRecurve designed the data platform for TECH Clean California, a first-of-its-kind platform tracking savings, grid impacts, GHG impacts, and bill savings for heat pumps statewide. In first phase, tracking 1,945 PG&E territory projects.
• MCE (Marin Clean Energy)coreStrategic or Co-development PartnerCo-pioneered the FLEXmarket approach with Recurve. Recurve led two of four CPUC-approved market access programs (MCE and PG&E) for 2022 and 2023. MCE is a leading community choice aggregator.
• Opinion DynamicsminorOthersEnergy research and consulting firm engaged by CPUC to conduct process evaluation of California's Market Access Program. Their independent research validated aggregator and customer satisfaction with Recurve-powered programs.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• EnergyHub: EnergyHub provides a demand response and DER management platform for utilities, including device management, program orchestration, and M&V. It directly competes with Recurve in serving utilities on demand flexibility and DER programs, overlapping on M&V and program execution capabilities.
• AutoGrid (Schneider Electric): AutoGrid, now part of Schneider Electric, offers a DERMS and flexibility platform that forecasts, optimizes, and dispatches distributed energy resources for utilities and aggregators. It competes with Recurve on the analytics, forecasting, and optimization layers of demand-side programs.
• Uplight: Uplight provides utility customer engagement, energy efficiency, and demand response software across the program lifecycle. It overlaps with Recurve in utility energy efficiency program execution, customer engagement, and M&V, particularly in regulated U.S. markets.
• Leap (Leap Home Inc.): Leap delivers a DERMS and virtual power plant platform that connects distributed assets to utility and wholesale programs. It is a direct peer in managing flexible DERs, settlement, and integration with utility program structures.
• Voltus: Voltus is a DER aggregator and VPP operator that runs demand response and distributed asset programs for utilities and grid operators. It competes with Recurve-adjacent FLEXmarket aggregator programs and shares utility customers in CAISO and other U.S. markets.

Emerging players

• GridX: GridX provides a rate engine and analytics platform for complex utility rates including TOU and dynamic pricing. While a strategic partner of Recurve, it is adjacent/partial competitor on the rate design and customer analytics layer that informs demand flexibility programs.

Broad incumbents

• Oracle Utilities: Oracle Utilities offers a broad suite of CIS, MDM, and analytics software to investor-owned utilities. It is a broader incumbent whose MDM and analytics modules can substitute for parts of Recurve's FLEX platform in utility procurement decisions.
• Siemens Smart Infrastructure (Grid Software): Siemens provides grid management, DERMS, and energy market software to utilities worldwide. As a broad incumbent with utility-scale deployments, it competes with Recurve on DER orchestration, M&V, and grid analytics.
• OATI: OATI provides energy management, trading, and grid software for utilities and ISOs, including demand response and DER integration. It is a broader incumbent with overlapping capabilities in M&V and demand-side program settlement.

Regional players

• Think Smartgrid: Think Smartgrid offers smart meter data analytics and energy management software focused on European utilities. While geographically distinct from Recurve's U.S. focus, it is comparable as a meter-data analytics platform for utility demand-side programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/recurve-ee
• Xx.com/recurve_energy

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds5 records

Investors14 records

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

M&A

Investments

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

Frequently asked questions about Recurve