Blip Energy

Blip Energy

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Overview

Blip is making energy equity accessible to accelerate the clean energy transition by building a new category of smart, affordable energy storage to add millions of homes to the smart grid network. A hybrid hardware/software solution for energy management that works in any home without barriers around permitting and installation. Power outages across the U.S. cost $150B annually. On Avg. 500K Americans lose power daily without backup solutions and 84% of Americans are concerned. Existing grid vulnerability is exacerbated by energy transition volatility. The U.S. power grid had the most outages in history in the past two years. Households need power security, and utilities need levers on the smart grid to balance loads and prevent blackouts. Blip envisions a future where every household has access to smart IoT energy storage to provide critical backup power. Blip solves the growing need for reliable energy with the lowest cost energy storage on the global battery market. Simultaneously, this adds millions of otherwise inaccessible customers to the smart grid. Blip's business model reflects current resilience needs, cost savings, and a data-driven future, by wrapping our hardware endpoint with data and grid services.

About

Industries

Energy, Solar, Clean Energy, Energy Management, Electrical Distribution, Supply Chain Management, Power Grid, Energy Storage, Renewable Energy, Battery

Founded

2021

Employees

1-10

Headquarters locations

United States, North America

Social

N/A

Profile Resume

Blip Energy headquartered in United States, North America, operates in the Energy, Solar, Clean Energy, Energy Management, Electrical Distribution, Supply Chain Management, Power Grid, Energy Storage, Renewable Energy, Battery sector. The company focuses on Energy and has secured $462.4M in funding across 320 round(s). With a team of 1-10 employees, Blip Energy is actively contributing to advancements in Energy. Their latest funding round, Grant - Blip Energy, raised $70.0K. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Chance Cobb

Chance Cobb

Co-Founder & COO

imagePlace Sophia Wennstedt

Sophia Wennstedt

Co-Founder & CEO

Funding Rounds

Funding rounds

8

Investors

2

Lead Investors

0

Total Funding Amount

$1.4M

Details

5

Blip Energy has raised a total of $1.4M in funding over 5 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2022Seed100.0K
2022Seed75.0K
2022Seed100.0K
2023Seed

Investors

Blip Energy is funded by 24 investors.

Investor NameLead InvestorFunding RoundPartners
Elizabeth Nguyen-FUNDING ROUND - Elizabeth Nguyen70.0K
Village Capital-FUNDING ROUND - Village Capital70.0K
Blip Energy-FUNDING ROUND - Blip Energy70.0K
TechRise Chicago-FUNDING ROUND - TechRise Chicago70.0K

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