Spirae

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.

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

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

• Microgrid control software
• Distributed energy management
• Smart grid solutions
• DER integration platform
• Energy management software

Headquarters

HQ city

Fort Collins

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. 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.
2. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core 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

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• IntelcoreTechnology or IntegrationSpirae 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

Broad 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

• YouTubeyoutube.com/playlist?list=PLM0sJVpki9VIGbjPxXAFL4Iaw8WPdHism&si=j_GVgXcUzxjmwkUz
• Xx.com/Spirae_2014
• LinkedInlinkedin.com/company/spirae

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Spirae