What LO3 Energy does

LO3 Energy is a Brooklyn-based technology firm founded in 2012 that builds blockchain-enabled infrastructure for peer-to-peer electricity trading. Its core product, the Brooklyn Microgrid, is a distributed-ledger platform that allows energy producers (such as solar-panel-owning households) and consumers to exchange electricity directly using smart contracts, bypassing traditional utility intermediaries and reducing transaction costs by up to 43% per company-reported outcomes. The platform was developed and operated in partnership with Siemens, which provides the underlying smart-grid integration layer.

The company targets energy prosumers and community energy groups — specifically solar panel owners and neighborhood-level energy cooperatives seeking local energy autonomy, transparent settlement, and renewable energy certificate management. Its stated differentiation rests on a first-mover position in blockchain-based P2P energy trading and a real-world operational reference deployment in the Brooklyn Microgrid. The firm is private, with 1-10 employees, and operates only in North America (USA) per the available data.

LO3 Energy's revenue model is not publicly disclosed and no pricing mechanism is documented in the input. Across four disclosed funding events totaling roughly $16.8 million, the company has assembled a strategically-oriented investor base including Shell Ventures, Centrica, Sumitomo, YONDEN, Braemar Energy Ventures, Ascend Venture Capital, and BloombergNEF. The firm's commercial structure — combining community-level prosumer pilots with utility-grade partner integrations — suggests revenue, to the extent it exists, is most likely derived from pilot programs, platform licensing, or partner-integrated deployments rather than direct consumer SaaS subscriptions.

Name

LO3 Energy

Website

https://LO3Energy.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

1–10 employees

Short description

LO3 Energy is a Brooklyn-based, privately-held technology firm that operates the Brooklyn Microgrid, a blockchain-enabled peer-to-peer electricity trading platform built with Siemens, serving community energy prosumers and solar panel owners seeking direct, intermediary-free energy exchange.

Ownership category

akta.pro rank

Product category

Distributed Energy / Peer-to-Peer Energy Trading

NAICS

Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Microgrid Development, EPC & Integration (EUAMAJAB)

akta.pro secondary industries

Community Microgrids (Neighborhood, Municipal, Cooperative) (EUAFAJAC), DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF), Microgrid & Local Distribution Operators (Campus/Base/Industrial Park DSOs) (EUADABAF)

Keywords

• Peer-to-peer energy trading
• Blockchain energy platform
• Distributed energy management
• Decentralized energy markets
• Prosumer energy exchange

Headquarters

HQ city

Brooklyn

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations

Core offering

LO3 Energy operates the Brooklyn Microgrid, a blockchain-enabled peer-to-peer energy trading platform that allows energy producers (such as solar panel owners) and consumers to exchange electricity directly without traditional intermediaries. Developed in partnership with Siemens, the platform uses smart contracts to automate settlement, reduce transaction costs, and provide verifiable green energy certificates, while the firm also offers technology and business development consulting focused on emerging decentralized energy business models.

Product overview

LO3 Energy operates as a blockchain-enabled energy technology platform. The company's primary offering is the Brooklyn Microgrid platform, which enables peer-to-peer electricity trading through blockchain technology and smart contracts. This platform allows producers (such as solar panel owners) and consumers to exchange electricity directly, bypassing traditional energy intermediaries. The Brooklyn Microgrid was developed in partnership with Siemens.

Differentiator

Problem solved

Functional benefit

Products and services

• Brooklyn Microgrid

Quantifiable outcome

• Cost reductions of up to 43% for consumers through P2P trading

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• SiemenscoreTechnology or IntegrationSiemens partnered with LO3 Energy to operate the Brooklyn Microgrid project, combining Siemens' smart grid infrastructure capabilities with LO3 Energy's blockchain-based P2P energy trading platform to enable direct electricity trading between producers and consumers in the Brooklyn neighborhood.

Recent moves5 records

Expansion highlights4 records

Direct peers

• Grid Singularity (Energy Web): Grid Singularity developed an open-source, blockchain-based energy exchange platform for distributed energy trading, closely aligned with LO3 Energy's Brooklyn Microgrid platform.
• Power Ledger: Power Ledger is a direct peer operating a blockchain-based P2P energy trading and renewable energy certificate platform, serving utilities, prosumers, and community energy groups — the same core use case as LO3 Energy's Brooklyn Microgrid.
• Energy Web Foundation: Energy Web Foundation builds open-source blockchain infrastructure specifically for the energy sector, enabling distributed energy coordination and P2P applications — directly comparable in technology stack and target customers.
• SunContract: SunContract is a blockchain-based P2P energy trading platform enabling prosumers and consumers to trade solar electricity directly, overlapping with LO3 Energy's core market and value proposition.
• WePower: WePower applies blockchain to renewable energy trading and green certificate issuance, serving the same prosumer and community-energy customer segment as LO3 Energy.
• Electron (formerly ElectronConnect): Electron builds blockchain-based infrastructure for the energy sector, including P2P trading and flexibility services, making it a direct technology and use-case peer to LO3 Energy.

Emerging players

• Pylon Network: Pylon Network is a smaller blockchain energy ecosystem enabling P2P energy trading and renewable energy tokenization — a narrower-scope but conceptually overlapping competitor to LO3 Energy.

Broad incumbents

• Siemens Smart Infrastructure: Siemens is a broad incumbent in grid and microgrid infrastructure, partnered with LO3 Energy but also capable of delivering P2P and DER integration functionality as part of its larger portfolio.
• IBM (Blockchain for Energy): IBM offers enterprise blockchain and grid solutions to utilities and is explicitly mentioned alongside LO3 as an active blockchain-energy market participant; it represents the larger, broader-portfolio competitive threat.

Regional players

• Verv (formerly MyGridGB): Verv is a UK-based P2P energy trading platform focused on European markets, comparable to LO3 Energy in core offering but operating in a different geography.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/lo3energy
• LinkedInlinkedin.com/company/lo3-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds4 records

Investors7 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 LO3 Energy