inBalance
inBalance is a Boston-based, privately held firm founded in 2020 that builds electricity price forecasts for energy storage operators and EV charging infrastructure providers. It is founder-led and has raised a single disclosed seed round in 2021.
- Company typePrivate
- Founded2020
- HeadquartersBoston, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
inBalance firmographics
Firmographics- Name
- inBalance
- Website
- https://inbalanceresearch.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- inBalance is a Boston-based, privately held firm founded in 2020 that builds electricity price forecasts for energy storage operators and EV charging infrastructure providers. It is founder-led and has raised a single disclosed seed round in 2021.
- Ownership category
- akta.pro rank
inBalance industry classification
Industry- Product category
- Energy Market Analytics
- NAICS
- Electric Power Generation, Transmission and Distribution (2211), Electric Power Transmission, Control, and Distribution (22112)
- SIC
- Electric Services (4911)
- akta.pro industry
- Demand Forecasting & Inventory OptimizationHardware, Technology & Telecom/Artificial Intelligence & Machine Learning/Predictive Analytics & Decision IntelligenceEV Managed Charging as Demand Response (Residential, Fleet, Workplace)Energy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Demand Response (Residential, C&I, Grid Services)Balancing & Ancillary Services Optimization / Automated Bidding (Algo Trading)Energy, Utilities & Environment/Energy Trading, Marketing & Retail Supply/Balancing, Scheduling & Ancillary Services TradingBalancing & Imbalance Markets / Real-Time Balancing EnergyEnergy, Utilities & Environment/Energy Storage & Grid Flexibility (Batteries, Hydrogen Storage, Demand Response)/Ancillary Services & Flexibility Markets (Frequency, Capacity, Reserves)
Keywords
Where inBalance is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Markets served
inBalance business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
inBalance product offering
Product offeringCore offering
inBalance produces electricity price forecasts aimed at energy storage operators, EV charging station operators, and other energy market participants who need price signals to optimize dispatch, charging, and revenue decisions. The company operates as a small, specialized data and analytics firm delivering forecasts as its core sellable product.
Differentiator
Problem solved
Functional benefit
Products and services
- Electricity price forecasts
Companies that use inBalance
Customer profileIdeal customer profiles2 records
inBalance technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
inBalance competitors and assessment
Company assessmentDirect peers
- Gridmatic: Gridmatic builds AI-driven electricity price forecasts and battery storage optimization software. It directly overlaps with inBalance's value proposition of forecasting prices for energy storage and flexibility assets.
- Voltus: Voltus is a virtual power plant platform that aggregates distributed energy resources including storage and EV charging, monetizing them in wholesale and ancillary markets using price forecasts. Comparable in translating price signals into asset-side dispatch revenue.
- LCG Consulting: LCG Consulting is a long-standing electricity price forecasting and market simulation software vendor for utilities, ISOs, and asset developers. Directly comparable as a price-forecasting-only analytics provider to grid and storage market participants.
- ESAI Power: ESAI Power provides wholesale electricity and capacity market price forecasts used by generation and storage developers for asset valuation and bidding. Comparable as a specialist price-forecasting subscription data vendor.
Broad incumbents
- Stem Inc: Stem provides AI-enabled energy storage optimization and virtual power plant software that relies heavily on electricity price forecasting to dispatch storage assets. Comparable because it serves the same energy storage forecasting/optimization use case.
- Fluence: Fluence is a major global energy storage and grid software provider whose optimization stack depends on electricity price and ancillary services forecasts. Comparable in targeting storage developers with price-aware software.
- AutoGrid (Schneider Electric): AutoGrid, acquired by Schneider Electric, provides flexibility and distributed energy resource optimization software built on predictive analytics of grid and price signals. Comparable as a forecasting-plus-optimizer platform for storage and EV charging.
- Energy Aspects: Energy Aspects is a global energy market analytics firm offering electricity and fuel price forecasts to traders and utilities. Comparable in selling forward-looking electricity price intelligence to commercial energy buyers.
Emerging players
- Leap: Leap is a software platform for EV charging and distributed energy asset operators that incorporates wholesale price signals to optimize managed charging and storage. Comparable on the EV-charging-and-storage price optimization axis.
- kWh Analytics: kWh Analytics provides data and risk analytics for solar and storage assets, including price/performance modeling relevant to project finance. Adjacent comparable in applying predictive analytics to energy asset economics.
Market position
Customer concentration
inBalance social profiles
Digital presenceinBalance financial estimates
Financial estimateRevenue estimate
Valuation estimate
inBalance leadership team
Management profileNumber of profiles
Profiles2 records
inBalance funding detail
Funding detailFunding overview
Funding rounds2 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
inBalance 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 inBalance
What does inBalance do?
inBalance produces electricity price forecasts aimed at energy storage operators, EV charging station operators, and other energy market participants who need price signals to optimize dispatch, charging, and revenue decisions. The company operates as a small, specialized data and analytics firm delivering forecasts as its core sellable product.
Is inBalance a public or private company?
inBalance is a private company. It is classified as venture growth investor backed and is currently operating.
When was inBalance founded?
inBalance was founded in 2020. It employs 11 to 50 people.
Where is inBalance based?
inBalance is headquartered in Boston, United States, in the North America region.
Who are inBalance's main competitors?
Direct peers on record are Gridmatic, Voltus, LCG Consulting and ESAI Power. Broad incumbents are Stem Inc, Fluence, AutoGrid (Schneider Electric) and Energy Aspects. Emerging players are Leap and kWh Analytics.
Does inBalance have an API?
No public API is recorded for inBalance.
What industry is inBalance in?
inBalance's product category is Energy Market Analytics. Its primary akta.pro industry code is HDAAAHAA, Demand Forecasting & Inventory Optimization, with a secondary code of EUAFAGAL, EV Managed Charging as Demand Response (Residential, Fleet, Workplace). Its NAICS code is 2211 and its SIC code is 4911.