Spirae
Spirae develops the Wave Microgrid Lifecycle Management Platform and Wave Microgrid Controller, software for designing, deploying, and operating microgrids composed of distributed energy resources, serving utilities, microgrid developers, EPCs, and facility energy managers globally.
- Company typePrivate
- Founded2002
- HeadquartersFort Collins, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Spirae does
Spirae, founded in 2002 and headquartered in Fort Collins, Colorado, develops the Wave Microgrid Lifecycle Management Platform and the Wave Microgrid Controller — software for designing, deploying, and operating microgrids and hybrid power systems composed of distributed energy resources (DERs). The Wave Platform is a cloud-based, freemium environment that lets prospective customers browse a library of predefined microgrid types and plug-and-play DER components (50+ asset types from multiple manufacturers), generate budgetary quotes, and progress through configuration, validation, and commissioning via a System Builder and Emulator; the Wave Microgrid Controller provides real-time monitoring, alarms, analytics, scheduling, dispatch, and control of DER assets once a system is in operation. Spirae reports having integrated 150+ MW of DERs across deployments in the Americas, the Caribbean, Europe, Africa, and Southeast Asia over more than 15 years.
The company sells through a hybrid go-to-market model: a self-serve Wave Platform front-end coupled with an enterprise sales and solution delivery organization that configures software and commissions systems for utility, developer, EPC, solar+storage installer, DER manufacturer, and facility energy manager customers. Revenue derives from multi-year software licensing of the Wave Platform and Wave Microgrid Controller, supplemented by professional services for deployment; an Energy-as-a-Service (EaaS) delivery model has been developed jointly with Intel using an edge + cloud + SaaS architecture, signaling an intent to shift toward recurring services revenue. Spirae is a privately held LLC, founder-led by Raghavan Ramanan (founder, President & CEO) with Oliver Pacific as CSO/CTO, operating with 11–50 employees and without disclosed outside institutional investors.
Spirae firmographics
Firmographics- Name
- Spirae
- Legal name
- Spirae LLC
- Website
- https://spirae.com
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Spirae develops the Wave Microgrid Lifecycle Management Platform and Wave Microgrid Controller, software for designing, deploying, and operating microgrids composed of distributed energy resources, serving utilities, microgrid developers, EPCs, and facility energy managers globally.
- Ownership category
- akta.pro rank
Spirae industry classification
Industry- Product category
- Microgrid Control Software
- NAICS
- Computer Systems Design and Related Services (5415), Computer Systems Design Services (541512), Software Publishers (5132)
- SIC
- Services-Computer Integrated Systems Design (7373), Industrial Instruments For Measurement, Display, And Control (3823), Services-Prepackaged Software (7372)
- akta.pro primary industry
- Microgrids & Energy Management Controllers (Campus/Community/Industrial) (EUADAPAE)
- akta.pro secondary industries
- DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF), SCADA/HMI Platforms (IMAGABAB), Microgrid Development, EPC & Integration (EUAMAJAB), Cloud Management Platforms (CMP) & Single-Pane-of-Glass Control (HDABABAD)
Keywords
Where Spirae is headquartered
LocationHeadquarters
- HQ city
- Fort Collins
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Spirae business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure
Revenue model
- Wave Platform Software Licensing: The company generates revenue through licensing of its Wave Platform and Wave Microgrid Controller software for microgrid design, configuration, deployment, and operations. The platform offers free registration for exploration, with paid access for full proposal generation and system deployment.
- Professional Services and Solution Delivery: Spirae's solution delivery team provides configuration, commissioning, and technical support services for Wave software implementation, including field-proven deployment methodology and system commissioning.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Others | Free Platform Access |
| Subscription | Multi-year contract | Full Proposal and Deployment |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Spirae product offering
Product offeringCore offering
Spirae develops and licenses the Wave Platform, a cloud-based microgrid lifecycle management platform that enables users to explore, design, configure, price, commission, and operate distributed energy projects. The company's core product is the Wave Microgrid Controller, which provides real-time intelligent management of distributed energy resources (DERs) through dashboard, alarms, analytics, schedule and dispatch, monitor and control, and emulator modules. Spirae also offers Energy-as-a-Service (EaaS) delivery built on an edge + cloud + SaaS architecture developed in partnership with Intel.
Product overview
Spirae offers a unified platform-plus-core-product architecture centered on the Wave Platform for microgrid lifecycle management and the Wave Microgrid Controller as the core control software. The Wave Platform enables users to explore DER assets and microgrid types, select appropriate configurations via the Wave System Builder, generate pricing, configure software, commission systems, and operate microgrids. The Wave Microgrid Controller provides intelligent management of distributed energy resources through dashboard, alarms, analytics, schedule/dispatch, monitor/control, and emulation capabilities. The company also delivers Energy-as-a-Service (EaaS) solutions through an Intel partnership, combining edge, cloud, and SaaS technologies for energy services delivery.
Differentiator
Problem solved
Functional benefit
Brands
- Wave®: Wave Microgrid Lifecycle Management Platform and Control Software for managing distributed energy projects from concept to operations.
- Wave Platform
- Wave Microgrid Controller
- EaaS (Energy as a Service)
Products and services
- Wave Platform A microgrid lifecycle management platform that enables utilities, project developers, facility managers, and DER manufacturers to explore DER assets and microgrid types, configure software, generate budgetary quotes, commission systems, and operate distributed energy projects.
- Wave Microgrid Controller Intelligent control software for managing distributed energy resources in real time, featuring Dashboard, Alarms, Analytics, Schedule and Dispatch, Monitor and Control, and Emulator modules for microgrid operations.
- Energy-as-a-Service (EaaS) Energy services delivery solution leveraging an edge + cloud + SaaS architecture developed in partnership with Intel for distributed energy management and energy services delivery to customers.
Quantifiable outcome
- Over 150 MW of DERs integrated across multiple geographies
- +1 more outcomes
Companies that use Spirae
Customer profileSegments5 records
Ideal customer profiles5 records
Spirae technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Spirae partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- IntelcoreSpirae developed a whitepaper in partnership with Intel titled 'Edge + Cloud + EaaS' focused on delivering energy services with Spirae Wave® and Intel Technology. This collaboration combines edge computing, cloud infrastructure, and SaaS delivery for energy services, positioning both companies as leaders in distributed energy technology.
Scale indicators5 records
Recent moves5 records
Expansion highlights5 records
Spirae competitors and assessment
Company assessmentBroad incumbents
- ABB: ABB offers Microgrid Plus and Ability-based DER management within its electrification and motion portfolio, positioning it as a broad incumbent serving the same utilities and microgrid developers as Spirae.
- Generac Industrial Energy (Enbala): Generac's industrial energy business (built around the Enbala/Sensorian DERMS acquisition) provides distributed energy optimization for utilities and C&I customers, making it a comparable player in DER dispatch with much larger capital and distribution scale.
- Siemens: Siemens Smart Infrastructure delivers Spectrum Power, Gridscale X, and SICAM-based microgrid control as part of a much broader grid management and OT portfolio, making it a direct functional competitor with significantly more distribution scale.
Direct peers
- EnergyHub: EnergyHub provides a DERMS platform for utilities to orchestrate distributed energy assets, demand response, and behind-the-meter resources — closely overlapping Spirae's utility and DER manufacturer segments.
- Opus One Solutions (Hitachi Energy): Opus One's GridOS DERMS, now within Hitachi Energy, addresses distribution-level DER optimization and transactive energy — a direct functional competitor to Spirae for utility grid-edge orchestration projects.
- GridPoint: GridPoint offers an energy management and DER orchestration platform for commercial and light-industrial customers, competing for facility manager and EPC budgets in the same addressable accounts as Spirae's Wave Platform.
- Blue Pillar: Blue Pillar provides industrial and campus microgrid control platforms with asset monitoring, dispatch, and energy management features — closely aligned with Spirae's Wave Microgrid Controller product targeting facility energy managers and EPCs.
- Smarter Grid Solutions: Smarter Grid Solutions (now part of Mitsubishi Power) offers ANM Strata, an active network management and DERMS platform used by North American and UK utilities to integrate DERs, mirroring Spirae's grid-edge integration and DER interoperability focus.
- Schneider Electric: Schneider Electric offers EcoStruxure DERMS and microgrid solutions (including the acquired AutoGrid platform) that directly compete with Spirae's Wave Platform for utility and commercial DER orchestration, dispatch, and optimization.
- Power Factors: Power Factors delivers a renewable asset performance management and DER orchestration software platform for owners, developers, and operators of distributed energy portfolios — directly comparable to Spirae's solar+storage developer and EPC facing capabilities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights6 records
Customer concentration
Spirae social profiles
Digital presenceSpirae financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spirae leadership team
Management profileNumber of profiles
Profiles2 records
Spirae funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spirae 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 Spirae
What does Spirae do?
Spirae develops and licenses the Wave Platform, a cloud-based microgrid lifecycle management platform that enables users to explore, design, configure, price, commission, and operate distributed energy projects. The company's core product is the Wave Microgrid Controller, which provides real-time intelligent management of distributed energy resources (DERs) through dashboard, alarms, analytics, schedule and dispatch, monitor and control, and emulator modules. Spirae also offers Energy-as-a-Service (EaaS) delivery built on an edge + cloud + SaaS architecture developed in partnership with Intel.
Is Spirae a public or private company?
Spirae is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Spirae founded?
Spirae was founded in 2002. It employs 11 to 50 people.
Where is Spirae based?
Spirae is headquartered in Fort Collins, United States, in the North America region.
How does Spirae make money?
Two revenue lines are on record. Wave Platform Software Licensing is the primary driver. The others are professional Services and Solution Delivery.
Who are Spirae's main competitors?
Broad incumbents on record are ABB, Generac Industrial Energy (Enbala) and Siemens. Direct peers are EnergyHub, Opus One Solutions (Hitachi Energy), GridPoint, Blue Pillar, Smarter Grid Solutions, Schneider Electric and Power Factors.
Does Spirae have an API?
No public API is recorded for Spirae.
What industry is Spirae in?
Spirae's product category is Microgrid Control Software. Its primary akta.pro industry code is EUADAPAE, Microgrids & Energy Management Controllers (Campus/Community/Industrial), with a secondary code of EUAEANAF, DER & Microgrid Interconnection / Grid Edge Integration Services. Its NAICS code is 5415 and its SIC code is 7373.