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ConnectM Technology Solutions, Inc.

Energy Technology MARLBOROUGH, Mass. ~150 employees
Founded
--
Employees (Est.)
~150
10 leaders known
Total Funding
$15.2M
Funding Rounds
3
Last Funding
2025-04-22

About ConnectM Technology Solutions, Inc.

ConnectM is a constellation of companies focused on powering enterprises to deliver next-generation equipment, mobility, and distributed energy solutions. Their mission is to reshape energy usage in homes, businesses, transportation, and logistics to enhance quality of life, reduce costs, and combat climate change for a sustainable future.

Products & Services

Residential Solutions:A digital platform for service providers that automates back office functions, enables bulk purchasing, and facilitates cross-selling of distributed energy solutions for increased revenue and margins.
Commercial Solutions:Licensing of Energy Intelligence Network data to light commercial service providers for proactive maintenance and replacement outside peak seasons.
Transportation Solutions:An IoT platform for fleet management and battery diagnostics to help OEMs and mobility companies manage operations and plan growth.
Logistics Solutions:Last mile delivery software combining functionalities of Uber and FedEx for rapid and efficient B2B transport of heavy goods.
Heat Pump Technology:Technology focused on energy-efficient heat pump solutions for residential and commercial applications.
EV Technology:Solutions supporting electric vehicle technology and integration for transportation sectors.
Energy Intelligence Network (EIN):A network aggregating over 30GB/day of real-time data from 120,000+ electrified assets to provide value through AI-driven insights and sustainability reporting.

Specialties

Energy Efficiency Decarbonization Distributed Energy Solutions AI and Data Analytics Fleet Management Battery Diagnostics Last Mile Delivery Software

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Passive Investment
T: -
FT: Passive Investment
A: 12085862
MR: -
FA: 1.60 per share
FAN: 12085862
D: 2025-04-22
FD: 2025-04-22
1 investors
2 RT: Equity Investment
T: -
FT: Equity Investment
A: 1023038
MR: -
FA: 3.5% stake (1,023,038 shares)
FAN: 1023038
D: 2025-04-04
FD: 2025-04-04
1 investors
3 RT: Equity Investment
T: -
FT: Equity Investment
A: 2121800
MR: -
FA: 2,121,800 shares (7.4% stake)
FAN: 2121800
D: 2025-03-19
FD: 2025-03-19
1 investors
Passive Investment Latest
2025-04-22
$12.1M
1 investor (Pro only)
Equity Investment 2025-04-04
$1.0M
Equity Investment 2025-03-19
$2.1M

View 2 more funding rounds with Pro

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Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

B

Bhaskar Panigrahi

Chairman & CEO

LinkedIn (Pro only)
N

Nayeem Hussain

President Corporate Development

LinkedIn (Pro only)
B

Bala Padmakumar

Vice-Chairman & Office of Technology

LinkedIn (Pro only)
G

Girish Subramanya

CTO & Managing Director, India

A

Andrew Kucharchuk

CFO

R

Ryan Fant

EVP, Head of Global Ops

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Recent News

ConnectM Technology Solutions, Inc. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Industries
Energy Technology
Company Size
~150 employees (est.)
Locations
MARLBOROUGH, Mass.
Marlborough, Mass.

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