What Viridity Energy does

Viridity Energy, founded in 2008 and headquartered in Philadelphia, Pennsylvania, is a private for-profit software company whose enabling platform turns customer energy profiles into financial returns. The company's offering sits within the broader energy management and Virtual Power Plant (VPP) software category, addressing commercial, industrial, and utility customers seeking to optimize energy consumption, generation, and participation in demand-response and ancillary-services markets. Publicly disclosed product architecture, pricing mechanics, and feature detail are not available in the provided sources; the company's own positioning centers on software that monetizes energy flexibility.

The company has raised approximately $39 million across five disclosed funding rounds between February 2009 and May 2016, including a $1 million early round, a $14 million Series B co-led by Braemar Energy Ventures and Intel Capital (January 2011), a $15 million Series C led by Japan's Mitsui & Co (August 2012), a $500,000 investment from Ben Franklin Technology Partners of Southeastern Pennsylvania (March 2015), and an $8.5 million round led by AltEnergy (May 2016). The investor base mixes strategic corporate capital from a global trading house (Mitsui) and a semiconductor major (Intel) with energy-focused venture capital (Braemar, AltEnergy) and regional innovation funding (Ben Franklin), suggesting positioning at the intersection of energy markets, IoT/data, and demand-side flexibility. Detailed GTM, pricing, customer count, and revenue figures are not disclosed in the available sources.

Viridity remains privately held with a reported headcount in the 51–100 range. The company operates in the global VPP market, which a third-party source projects will grow from US$1,623 million in 2025 to US$7,240 million by 2032, a 24.2% CAGR, with Europe currently leading market share and Asia-Pacific identified as the fastest-emerging region. Specific competitive positioning, market share, customer logos, and current revenue are not available in the provided data, limiting further triangulation.

Name

Viridity Energy

Website

https://viridityenergy.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Energy Management Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

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

akta.pro secondary industry

SCADA/Telemetry, Data Integration & Device Connectivity for Storage/DER Control (EUAFAKAI)

Keywords

• Energy management software
• Virtual power plant software
• Demand response software
• Energy analytics platform
• Distributed energy optimization

Headquarters

HQ city

Philadelphia

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Core offering

Viridity Energy provides enabling software that converts customer energy profiles into financial returns. The platform is used by commercial, industrial, and utility customers to optimize energy consumption, monetize flexible loads and on-site generation, and participate in demand response and virtual power plant programs by aggregating distributed energy resources for grid services.

Differentiator

Problem solved

Functional benefit

Products and services

• Viridity Energy Enabling Software Enabling software that turns customer energy profiles into financial returns, supporting energy optimization, demand response participation, and virtual power plant-style aggregation of distributed energy resources for commercial, industrial, and utility customers.

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators1 record

Recent moves2 records

Expansion highlights3 records

Direct peers

• Voltus: Voltus is a virtual power plant operator whose technology aggregates commercial and industrial DERs into wholesale markets, competing directly with Viridity's software-driven aggregation and financial optimisation play.
• Uplight: Uplight sells an energy management and customer engagement platform for utilities that includes DER orchestration and load flexibility, competing directly with Viridity for the same utility software budgets and procurement processes.
• Leap (VPP / demand response): Leap provides demand-response and DER aggregation software that monetises flexible energy assets for utilities, highly comparable to Viridity's core product both in mechanism (asset aggregation into grid services) and target customer.
• Sunverge Energy: Sunverge provides a DER aggregation and VPP platform that turns distributed energy assets into grid services revenue, directly comparable to Viridity in product functionality and customer type (utilities and aggregators).
• Stem Inc: Stem operates AI-driven energy storage and VPP optimisation software for C&I customers and utilities, overlapping directly with Viridity's software-led approach to monetising energy profiles and competing for similar RFPs.
• AutoGrid (Schneider Electric): AutoGrid built VPP and DER optimisation software with the same "energy profile into financial returns" thesis as Viridity before being acquired by Schneider Electric, making it the closest direct comp on product, customer base (utilities and C&I), and business model.
• EnergyHub: EnergyHub is a DER management platform that aggregates behind-the-meter assets into utility VPPs and demand-response programs, directly competing with Viridity's value proposition of monetising distributed energy assets.
• Enbala / Enel X: Enbala was a pure-play VPP/DER aggregation software vendor before being acquired by Enel's Enel X, serving the same utility and grid-services market that Viridity targets with very similar dispatch and forecasting functionality.

Broad incumbents

• Tesla (Autobidder / VPP): Tesla's Autobidder and VPP software offers real-time trading and aggregation of distributed assets as part of a much larger automotive, storage, and solar platform, competing with Viridity in the same utility-scale VPP software category with materially more resources.

Regional players

• EnergyPool: EnergyPool is a European VPP and demand-response aggregator offering similar flexibility aggregation services to those Viridity provides, but operating primarily across European markets rather than competing directly in North America.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/viridityenergy
• Facebookfacebook.com/ViridityEnergy
• LinkedInlinkedin.com/company/viridity-energy-inc

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds5 records

Investors5 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 Viridity Energy