X2M Connect
- Company typePrivate
- Founded2019
- HeadquartersMount Waverley, Australia
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
X2M Connect firmographics
Firmographics- Name
- X2M Connect
- Website
- https://x2mconnect.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
X2M Connect industry classification
Industry- Product category
- Smart Energy Infrastructure for Residential Developments
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers) (HSAPAQAF)
- akta.pro secondary industries
- Customer Energy Engagement (In-Home Displays, Portals, Usage Insights) (EUADAFAH), V2G/V2H/V2B Enablement Platforms (Control, Optimization, Dispatch) (EUAFAMAB)
Keywords
Where X2M Connect is headquartered
LocationHeadquarters
- HQ city
- Mount Waverley
- HQ country
- Australia
- HQ region
- Oceania
Markets served
X2M Connect business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Hardware or Manufacturing, Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Smart Community Agreements: X2M Connect generates revenue through deploying its integrated Smart Energy solution across residential housing estates. Revenue is tied to the number of lots deployed with the smart energy package, with an estimated ~$2 million opportunity for 1,000-lot developments if fully adopted. The model involves hardware deployment (solar, community battery), software (home energy management), and ongoing services.
- Professional Services and Financing Support: Includes installation and deployment services along with financing support bundled into the smart energy package for residential developments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Per-lot deployment pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
X2M Connect product offering
Product offeringCore offering
X2M Connect develops and deploys an integrated Smart Energy solution for residential housing developments. The offering combines upgraded solar systems, home energy management software, community battery storage, and financing support into a single bundled package that residential developers can deploy across new housing estates to deliver energy savings and sustainable living features to homeowners.
Product overview
X2M Connect offers a Smart Energy solution as its core product offering. This integrated smart energy management platform serves residential developments and combines multiple components: upgraded solar systems, home energy management capabilities, community battery storage, and financing support. The solution is designed for new housing estates and aims to reduce electricity costs for homeowners while providing smart grid integration capabilities.
Differentiator
Problem solved
Functional benefit
Products and services
- Smart Energy Solution An integrated smart energy management offering for residential housing developments that combines upgraded solar systems, home energy management, community battery storage, and financing support into a single bundled deployment, enabling approximately $1,000 in annual electricity bill savings per home compared with standard 7-star dwellings. It is sold to residential property developers and home builders for deployment across new housing estates in Australia.
Quantifiable outcome
- ~$1,000 annual electricity bill savings per home compared with standard 7-star dwellings
- +1 more outcomes
Companies that use X2M Connect
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
X2M Connect technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
X2M Connect partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Resi Ventures (Echuca McMahon subsidiary)coreX2M Connect signed a Smart Community Agreement with Resi Ventures' Echuca McMahon subsidiary to deploy its Smart Energy solution across the 1,000-lot McMahon's Place estate in Echuca, Victoria. The integrated package combines upgraded solar, home energy management, a community battery, and financing support. The company has also entered a non-binding memorandum of understanding with Resi Ventures to extend the Smart Energy offering to roughly 4,000 additional lots across ten estates in Victoria and Queensland. Estimated opportunity valued at approximately $2 million in revenue if fully adopted.
Scale indicators7 records
Recent moves5 records
Expansion highlights4 records
X2M Connect competitors and assessment
Company assessmentDirect peers
- Evergen: Australian residential and commercial battery control software provider, enabling solar + storage optimisation and VPP participation. Highly comparable to X2M's HEMS and community-battery control software stack.
- Span.io: Smart electrical panel and home energy management software company enabling integrated solar + storage + EV charging control. Comparable to X2M on the HEMS and load orchestration layer behind the meter.
- Reposit Power: Australian battery and VPP software company enabling residential and community batteries to dispatch into wholesale and FCAS markets. Comparable to X2M on the community-battery orchestration and energy management layer.
- FranklinWH: Residential home energy storage and management system provider competing in the integrated solar + battery + HEMS category. Comparable technology stack and developer-channel positioning to X2M.
- Redback Technologies: Australian-headquartered residential solar inverter and battery company with smart energy management software. Closest direct peer to X2M in the Australian residential solar + storage + HEMS market.
Broad incumbents
- Enphase Energy: Major residential solar microinverter and battery (IQ Battery) provider with energy management software. Overlaps with X2M in residential solar + storage + HEMS, though Enphase operates a global hardware-led model.
- sonnen (Shell): Residential and community battery specialist (sonnenBatterie, sonnenCommunity) now owned by Shell. Directly comparable to X2M on community battery and home energy management, especially in the Australian / APAC market.
- Tesla Energy: Global leader in residential solar and battery storage (Powerwall, Solar Roof) with integrated energy management software. Comparable to X2M as a bundled residential solar + storage + HEMS provider, though at vastly larger scale and brand.
- SolarEdge: Global residential and commercial solar inverter company with growing battery and energy management offerings. Overlaps with X2M on the integrated solar + storage + energy management proposition for new residential developments.
Regional players
- SolarPlus: Australian residential solar and battery installer with developer partnerships for new estates. Comparable to X2M on the Australian new-development solar + storage deployment channel.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
X2M Connect social profiles
Digital presenceX2M Connect financial estimates
Financial estimateRevenue estimate
Valuation estimate
X2M Connect leadership team
Management profileNumber of profiles
X2M Connect funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
X2M Connect 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 X2M Connect
What does X2M Connect do?
X2M Connect develops and deploys an integrated Smart Energy solution for residential housing developments. The offering combines upgraded solar systems, home energy management software, community battery storage, and financing support into a single bundled package that residential developers can deploy across new housing estates to deliver energy savings and sustainable living features to homeowners.
When was X2M Connect founded?
X2M Connect was founded in 2019. It employs 51 to 100 people.
Where is X2M Connect based?
X2M Connect is headquartered in Mount Waverley, Australia, in the Oceania region.
How does X2M Connect make money?
Two revenue lines are on record. Smart Community Agreements are the primary driver. The others are professional Services and Financing Support.
Who are X2M Connect's main competitors?
Direct peers on record are Evergen, Span.io, Reposit Power, FranklinWH and Redback Technologies. Broad incumbents are Enphase Energy, sonnen (Shell), Tesla Energy and SolarEdge. SolarPlus is listed as a regional player.
Does X2M Connect have an API?
No public API is recorded for X2M Connect.
What industry is X2M Connect in?
X2M Connect's product category is Smart Energy Infrastructure for Residential Developments. Its primary akta.pro industry code is HSAPAQAF, Home Energy & EV Charging (HEMS, Smart Meters, Batteries, Chargers), with a secondary code of EUADAFAH, Customer Energy Engagement (In-Home Displays, Portals, Usage Insights). Its NAICS code is 221114 and its SIC code is 7373.