On.Energy

About On.Energy

On.Energy is a fully-integrated energy storage developer, technology company, and asset owner. They design, build, and operate energy storage solutions to drive forward a low carbon future, delivering end-to-end projects with proprietary software and in-house financing.

Products & Services

End-to-End Solutions:A comprehensive business model that takes energy storage projects from idea through planning, construction, operation, and financing, managed by a single point of responsibility.

Software (On.Command™):Proprietary technology used to develop, design, forecast, control, and dispatch energy assets, optimized for superior user experience and management, maximizing efficiency per kilowatt.

Battery Storage Projects:Development and operation of battery storage projects with capacities in operation (120 MWh), under construction (400 MWh), and in development (3 GWh), including projects like Maverick, Crosby, and Spencer in the ERCOT grid, Texas.

Specialties

Battery Storage Solutions Proprietary Software Development (On.Command™) End-to-End Project Management Asset Operation and Dispatch

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Construction Credit T: - FT: Construction Credit	A: 77600000 MR: - FA: $77.6 Million FAN: 77600000	D: 2025-01-28 FD: 2025-01-28	2 investors
2	RT: Debt T: - FT: Debt	A: 25000000 MR: - FA: 25 Million FAN: 25000000	D: 2024-04-25 FD: 2024-04-25	1 investors
3	RT: Debt T: - FT: Debt	A: 40000000 MR: - FA: $40 million FAN: 40000000	D: 2023-12-20 FD: 2023-12-20	1 investors
4	RT: Series B T: - FT: Series B	A: 20000000 MR: - FA: 20 million FAN: 20000000	D: 2023-06-13 FD: 2023-06-13	2 investors

Construction Credit Latest

2025-01-28

$77.6M

2 investors (Pro only)

Debt 2024-04-25

$25.0M

Debt 2023-12-20

$40.0M

View 3 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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Mock Up

Team & Leadership

A

Alan Cooper

CEO

R

Ricardo de Azevedo

CTO

D

David Fernandes

CFO

S

Salvatore Minopoli

President, North America

J

Jose Manuel Diaz Perez

President, LATAM

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Recent News

On.Energy Announces New Product Launch

2 days ago

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

Leadership Team Expands with Industry Veteran

1 week ago

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

Company Recognized as Industry Leader

2 weeks ago

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

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