Evergen

company

About

Evergen software enables smarter energy.

  • 51 - 100

Details

Last Funding Type
Series A
Last Funding Money Raised
$6.20M
Industries
Battery,Energy,Energy Management,Energy Storage,Information Technology,Renewable Energy,Software,Solar
Founded date
Jan 1, 2015
Number Of Employee
51 - 100
Operating Status
Active

Evergen we are on a mission to kill a coal fired power station in 10 countries by 2023. Our team is an amazing mix of some of the smartest, curious and most diverse people from all over the world working together to speed up the transition of the world to renewables.

We have worked hard to develop some simple principles we live by. These principles are not just some words in the back of an employee handbook, they are principles we use to hold each other accountable, make hiring decisions and determine who we partner with.

We have, and will continue to pass on deals, people, investors if they don't align to our values.

1. Pull together, keep at it.
2. Better, faster, smarter.
3. Talk straight, listen hard.
4. Enjoy the ride.

If the above don't fundamentally feel right to you, then that's cool, each to their own, but we're not sure it's going to work out between us...

Product (tell us about your product)

Evergen Intelligent Control optimises solar and battery system performance, enabling homeowners to take control of their energy costs and impact on the environment.

Our technology also enables smarter energy by orchestrating large fleets of batteries to enable Virtual Power Plants. This ensures a resilient and decentralised energy system of the future and drives benefits for consumers, businesses, network operators and utilities.

Picture this, 1000's of houses all over Australia (and eventually globally) each with their own solar and battery system all working together to supply excess power into the grid.

This is real, right here, right now. Evergen is the platform that automatically does this. What we do is power Virtual Power Plants (VPP's for short).

Yep, pretty cool huh.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$11.40M
Evergen has raised a total of $11.40M in funding over 2 rounds. Their latest funding was raised on Sep 1, 2020 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 1, 2020 Series A $5.20M 1 Providence Asset Group Detail
Oct 31, 2019 Series A $6.20M 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Evergen is funded by 2 investors. Providence Asset Group and Artesian Clean Energy Seed Fund are the most recent investors.
Investor Name Lead Investor Funding Round
Providence Asset Group Yes Series A
Artesian Clean Energy Seed Fund Series A