What Prospect Silicon Valley does

Prospect Silicon Valley (ProspectSV) is a 501(c)-style nonprofit cleantech innovation hub founded in 2013 and headquartered at 345 California Street, Suite 600, San Francisco. The organization is led by Founder and CEO Doug Davenport and operates with a small core staff of approximately 8 people supported by a 7-member Board of Directors drawn from Cooley LLP, Sharp Development Company, IDeAs Consulting, Decarbonization Strategies, WRNS Studio, JLL, and SingerLewak. ProspectSV's stated mission is to bridge the gap between technical potential and operational reality in decarbonizing the built environment and transportation sector, helping move cleantech innovations from pilot demonstration into standard practice.

ProspectSV does not develop or sell proprietary commercial products. Instead, it delivers a portfolio of services: demonstration project management (e.g., first US installation of Flow Environmental Systems' ANSWR CO2 heat pump at Lawrence Berkeley National Laboratory's FLEXLAB facility, and EcoFlow smart panel plus plug-in battery deployments at multifamily housing), fee-for-service and grant-funded technical assistance to public agencies (heat pump roadmaps, fleet electrification planning, Building Performance Standards policy research), and industry convening via the MECHtalk conference series, Pathways outreach program, and working groups. Active programs span large commercial HVAC heat pumps, multifamily electrification, EV charging infrastructure (BayCAP with 152 ports, REACH 3.0 with 1,603 planned ports via Pando Electric), fleet electrification for transit and school districts, smart charging with VTA and FordPro, and Virtual Power Plant approaches with Sonoma Clean Power.

The business model is a hybrid of grant-funded program administration and fee-for-service technical assistance. Primary funding comes from the California Energy Commission (including EPIC grants), the US Department of Energy, the Federal Transit Administration, the Environmental Protection Agency, Caltrans, and foundations such as Wells Fargo. Since inception, ProspectSV reports having collaborated with more than 60 local government and institutional partners, supported more than 70 cleantech startups, and leveraged more than $600M in public and private investment. Customer segments span technology developers, building owners (commercial and multifamily), public agencies (cities, counties, transit, school districts, utilities), architects and engineers, and low-income communities targeted through the Equitable Mobility initiative. Geographic operations are concentrated in California.

Name

Prospect Silicon Valley

Legal name

Prospect Silicon Valley

Website

https://prospectsv.org

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Prospect Silicon Valley is a nonprofit cleantech innovation hub that runs demonstration projects and provides technical assistance to California public agencies, building owners, and technology developers to accelerate adoption of building and transportation decarbonization technologies.

Ownership category

akta.pro rank

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Grant Funding and Government Contracts: ProspectSV operates primarily as a nonprofit that secures grant funding from California Energy Commission, federal agencies (DOE, FTA, EPA), and foundations to conduct demonstration projects, technical assistance programs, and industry outreach. Revenue comes from administering grants and providing matching technical assistance services.
2. Technical Assistance Services: Fee-for-service technical assistance and strategic consulting to public agencies, schools, utilities, and other organizations for building and fleet decarbonization projects.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Prospect Silicon Valley (ProspectSV) is a nonprofit cleantech innovation hub that delivers demonstration projects, technical assistance, and strategic consulting to accelerate adoption of decarbonization technologies in the built environment and transportation sectors. It works with public agencies, building owners, technology developers, and designers through grant-funded and fee-for-service engagements to move emerging technologies into standard practice.

Product overview

Prospect Silicon Valley (ProspectSV) is a nonprofit cleantech innovation hub focused on decarbonization technologies for the built environment and transportation sectors. Rather than offering a unified software product, the organization delivers a portfolio of technical assistance programs, demonstration projects, and strategic consulting services. Key offerings include: (1) Technical Assistance & Decarbonization Strategy for public agencies, schools, and organizations seeking building and fleet electrification; (2) Heat Pump Demonstration Projects showcasing CO2 heat pump technology for large commercial buildings and commercial cold storage; (3) Smart Panel and Battery Systems for multifamily housing electrification without service upgrades; (4) Fleet Electrification Technical Assistance including EV infrastructure planning and total cost of ownership analysis; (5) Building Performance Standards (BPS) Policy Research supporting compliance for smaller buildings; (6) EV Charging Infrastructure Programs including the Bay Area Charge Ahead Project (BayCAP) and REACH 3.0 for multifamily housing; and (7) Various educational and outreach programs through their Pathways initiative. ProspectSV functions as a project coordinator and technical consultant rather than a software product vendor.

Differentiator

Problem solved

Functional benefit

Products and services

• Heat Pump Demonstration Projects Funded demonstration projects showcasing CO2 heat pump technology for multifamily housing, large commercial HVAC, and commercial cold storage applications, with performance testing and full-scale installations.
• Smart Panel and Battery Systems Technical Assistance Technical assistance program for multifamily housing electrification using smart electrical panels and modular plug-in batteries to enable full electrification without expensive panel upgrades.
• Fleet Electrification Technical Assistance Technical assistance for public agencies and institutions on fleet electrification planning, including total cost of ownership analysis, EV infrastructure planning, and procurement support.
• EV Charging Infrastructure Programs (BayCAP and REACH 3.0) Programs to plan, deploy, and manage EV charging infrastructure for public agencies and multifamily housing, including Bay Area Charge Ahead Project (BayCAP) and REACH 3.0 multifamily housing initiative.
• Pathways Outreach and Education Program

Quantifiable outcome

• Installed 152 EV charging ports across 46 Bay Area locations through BayCAP project
• +4 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

22 partnerships are on record, tiered core and minor.

• Alter EngineerscoreStrategic or Co-development PartnerEngineering firm providing mechanical engineering expertise for heat pump demonstrations including multifamily and commercial building projects. Partnered on Petaluma Swim Center renovation and CO2 heat pump technology demonstrations.
• DMG NorthcoreStrategic or Co-development PartnerHVAC equipment manufacturer representative providing installation and commissioning support for CO2 heat pump demonstrations. Hosted permanent installation at their San Jose office and training center.
• Flow Environmental SystemscoreStrategic or Co-development PartnerTechnology developer providing ANSWR CO2 heat pump systems for demonstration projects in large commercial buildings and commercial cold storage applications.
• Lawrence Berkeley National Laboratory (LBNL)coreStrategic or Co-development PartnerResearch institution providing testing facilities (FLEXLAB), technical expertise, and performance modeling for heat pump and smart panel demonstrations. Key partner in multiple building decarbonization projects.
• EcoFlow TechnologycoreStrategic or Co-development PartnerTechnology provider supplying smart panels and plug-in batteries for multifamily housing electrification demonstrations. Products enable expanded electrical capacity without service upgrades.
• Redwood EnergycoreStrategic or Co-development PartnerDesign firm specializing in all-electric and net-zero energy housing providing retrofit design for demonstration apartments including heat pumps, induction stoves, and electric dryers.
• Danco CommunitiescoreStrategic or Co-development PartnerAffordable housing developer providing demonstration sites at their properties (Courtyards at Arcata, Willow Creek Apartments) for smart panel and battery technology deployment.
• IDeAs ConsultingcoreImplementation/ SI/ Consulting PartnerElectrical engineering firm providing system design for smart panel and battery installations. Expertise in zero carbon building design and grid-integrated electrical systems.
• UC Berkeley Center for Law, Energy & the Environment (CLEE)coreStrategic or Co-development PartnerAcademic center providing legal and policy expertise for equitable mobility financing research. Jointly published white paper on funding and financing strategies for clean mobility infrastructure.
• Straus Family CreamerycoreStrategic or Co-development PartnerDairy manufacturer providing site for commercial cold storage CO2 heat pump demonstration at their manufacturing facility in Rohnert Park, CA.
• Santa Clara Valley Transportation Authority (VTA)coreStrategic or Co-development PartnerTransit agency partner for smart charging demonstration with battery electric buses. Project demonstrated first true smart charging in US transit industry.
• Cooley LLPminorStrategic or Co-development PartnerLaw firm co-hosting SF Climate Week event on AI's role in climate solutions. Provides venue and professional network engagement for climate tech discussions.
• Whole Foods MarketminorStrategic or Co-development PartnerRetail partner for MarketZero project demonstrating zero-net energy upgrades at existing grocery store in San Francisco.
• City of WatsonvilleminorStrategic or Co-development PartnerMunicipal partner receiving fleet electrification technical assistance through Empower Procurement program.
• Contra Costa Community College DistrictminorStrategic or Co-development PartnerEducational institution partner receiving fleet and building electrification technical assistance.
• ZNE AlliancecoreStrategic or Co-development PartnerOrganization providing technical expertise and network engagement for zero net energy building initiatives and fleet electrification technical assistance.
• FordProcoreStrategic or Co-development PartnerFord's fleet charging division receiving grant administration support for BESTFIT smart charging demonstration with school bus fleets.
• Twin Rivers Unified School DistrictcoreStrategic or Co-development PartnerSchool district receiving Clean Mobility in Schools grant for EV bus deployment and charging infrastructure at Sacramento-area schools.
• Project Climate at UC BerkeleycoreStrategic or Co-development PartnerAcademic initiative focused on developing financing solutions for clean mobility infrastructure in underserved communities.
• Cool the EarthminorStrategic or Co-development PartnerEnvironmental nonprofit leading community engagement and education efforts for REACH 3.0 EV charging project at multifamily housing.
• Pando ElectriccoreTechnology or IntegrationEV charging provider installing 1,603 charger ports at 55 multifamily housing locations for REACH 3.0 project.
• Alameda CountyminorStrategic or Co-development PartnerCounty government partner for managed fleet charging demonstration at county garage in Oakland.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• New Buildings Institute (NBI): Nonprofit focused on advancing building decarbonization through policy research, technical resources, and zero energy building programs. Highly comparable to ProspectSV's building performance standards work and decarbonization technical assistance, with overlapping board-level expertise (David Kaneda is a Senior Fellow at NBI).
• Massachusetts Clean Energy Center (MassCEC): State-funded cleantech innovation hub providing grants, technical assistance, and demonstration project funding for clean energy startups and public agencies. Most direct structural peer as a state-level nonprofit hub operating analogous programs to ProspectSV but in Massachusetts.
• Clean Energy States Alliance (CESA): Nonprofit coalition of state clean energy programs that facilitates peer learning, joint funding initiatives, and shared technical resources. Comparable as an organization that convenes public agencies and disseminates best practices for clean energy program design — overlapping with ProspectSV's stakeholder convening function.
• Northeast Energy Efficiency Partnerships (NEEP): Regional nonprofit driving energy efficiency and building decarbonization adoption through policy research, technical assistance, and stakeholder convening. Highly comparable operating model to ProspectSV's Pathways program and BPS policy work, focused on the Northeast U.S.
• Slipstream: Nonprofit clean energy research and consulting organization historically focused on energy efficiency and now expanding into building decarbonization and electrification. Direct peer in terms of providing technical assistance and applied research to utilities, governments, and building owners.
• Vermont Energy Investment Corporation (VEIC): Nonprofit implementing energy efficiency, building electrification, and transportation electrification programs for utilities and state agencies. Comparable as a mission-driven nonprofit combining program administration, technical consulting, and demonstration work to drive clean energy adoption.
• Urban Future Lab: NYC-based cleantech incubator and innovation hub affiliated with NYU Tandon. Comparable as a geographically concentrated nonprofit hub supporting cleantech startups and demonstration projects, but focused on the New York market rather than California.
• Center for Sustainable Energy (CSE): Nonprofit clean energy program administrator providing technical assistance, market transformation, and program design for public agencies across California and other states. Directly comparable to ProspectSV's role as grant-funded technical assistance provider to cities, utilities, and state agencies.

Broad incumbents

• Rocky Mountain Institute (RMI): Large nonprofit clean energy research and consulting organization working on buildings, transportation, and electricity sector transformation. Broader scope than ProspectSV but overlapping methodology in technology demonstration, market analysis, and technical advisory services for public agencies.

Emerging players

• Building Decarbonization Coalition: Nonprofit advocacy and market development coalition focused on electrifying U.S. buildings. Adjacent to ProspectSV's mission and overlapping stakeholder base, but more advocacy/policy-oriented rather than delivering demonstration projects and technical assistance directly.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/prospect-silicon-valley
• Xx.com/ProspectSV
• Facebookfacebook.com/621343414566384

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Funding overview

Funding rounds

Investors

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 Prospect Silicon Valley