InnoWatts
OverviewSuggest Edit
Innowatts is a technology company developing AI-based solutions for utilities and retail energy providers. The company aims to reduce costs in the energy value chain. It uses active data from a vast number of smart meters deployed globally combined with AI and machine learning technologies to build models predicting consumption levels. The suite of these solutions is implemented within eUtility cloud platform (PaaS). Innowatts serves big retail energy providers, regulated utilities, regulatory and public policy boards, and smart communities globally.
| Type | Private | |
| Founded | 2014 | |
| HQ | Houston, US | Map |
| Website | innowatts.com | |
| Employee Ratings | More |
Latest Updates
| Employees (est.) (Oct 2020) | 89 | (-7%) |
| Cybersecurity rating | D | More |
Key People/Management at InnoWatts
Akhlak Ahmed
Chief Analytics Officer
Eric Danziger
Chief Revenue Officer
Jason Davis
Chief Financial Officer
Jen Pearsall
Director of Marketing
Michael Donnelly
Board Member
Carl Stjernfeldt
Board Member
InnoWatts Office Locations
InnoWatts has an office in Houston
Houston, US (HQ)
601 Sawyer St #205
InnoWatts Financials and Metrics
Summary Metrics
Founding Date | 2014 |
InnoWatts total Funding | $24.2 m |
InnoWatts latest funding size | $18.20 m |
Time since last funding | a year ago |
InnoWatts investors | Iberdrola, Shell Technology Ventures, Energy Impact Partners, Shell Ventures, Evergy Ventures, Energy and Environment Investment |
InnoWatts's latest funding round in May 2019 was reported to be $18.2 m. In total, InnoWatts has raised $24.2 m
InnoWatts Cybersecurity Score
InnoWatts Online and Social Media Presence
981 Twitter followers
InnoWatts has 981 Twitter Followers. The number of followers has decreased 1.2% month over month and decreased 1.4% quarter over quarter
InnoWatts's Trends
InnoWatts News and Updates
August 26, 2020
Innowatts to Partner with Shell for AI-Powered Demand Forecasting
HOUSTON, Aug. 26, 2020 /PRNewswire/ -- Innowatts, a leading energy Software as a Service (SaaS) platform that helps electricity providers optimize and transform their businesses with artificial intelligence (AI) enabled forecasting and customer-centric data analytics, today announced its...
June 16, 2020
Innowatts Named Technology Pioneer by World Economic Forum
HOUSTON, June 16, 2020 /PRNewswire/ -- Innowatts, a data analytics company that helps utilities and energy retailers from around the world optimize their businesses with energy usage data and AI-enabled predictive analytics, today announced its selection by the World Economic Forum as one...
July 19, 2019
VC-backed Innowatts taps Danziger as CRO
Houston-based Innowatts, a provider of AI-enabled energy analytics solutions, has named Eric Danziger as chief revenue officer. Previously, he was the co-founder of Genability. Innowatts is backed by Energy Impact Partners, Evergy Ventures, Shell Ventures, Iberdrola, Energy and Environment Investmen…
July 18, 2019
Innowatts Hires New Chief Revenue Officer and Brings in Additional Funding
HOUSTON, July 18, 2019 /PRNewswire/ -- Innowatts, a leading provider of AI-enabled energy analytics solutions, today announced the appointment of Eric Danziger as its new Chief Revenue Officer. The company also secured additional funding from Veronorte, a South American venture capital...
InnoWatts Blogs
April 28, 2020
Dealing with Negative Demand Shock – How AI Based Forecasting Increased Accuracy by 20%
For the first in a series of updates from Innowatts Europe, we sat down with Dave Boundy, our CTO and General Manager Europe, to get his take on the implications of COVID-19 on Utilities and Energy Retailers in Europe. What has been the impact of COVID-19 in Europe? It’s been a negative demand shock…
April 07, 2020
Employee Spotlight: Gaurav Arya
Welcome to our first Innowatts’ Employee Spotlight! Our teams may be working remotely right now, protecting ourselves and communities from COVID-19, but Innowatts is still actively hiring for a variety of roles. In our employee spotlights, which we will be sharing every couple of weeks on our blog, …
March 18, 2020
Innowatts’ COVID-19 Response
As coronavirus (COVID-19) diagnoses increase around the world, Innowatts is committed to providing a safe and healthy environment to its employees. While our employees are currently working remotely to do our part to flatten the curve, we are focused on ensuring business continuity in service to our…
February 28, 2020
Energy Forecasting: The Fulcrum of Tomorrow’s Energy Infrastructure
For electricity suppliers, success is all about understanding what’s coming next. As long as providers understand both short term and long term energy demand, they’ll be able to adapt and ensure that they’re using the most reliable and affordable means possible to generate energy in any given moment…
February 17, 2020
Utility Creates New Revenue Stream with AMI Data and Consumer Analytics
Imagine you are one of the largest utilities in the United States with solar capacity and you are tasked with revolutionizing the way your utility does business. Where do you start? Three years ago, Kim Wagie, Director Digital Transformation & Continuous Improvement for Arizona Public Service – …
February 05, 2020
#DTECH2020: Serving Up AI Solutions, With a Side of Veg
DistribuTECH might be one of the only places in the world where you can listen to futurists from tech giants like IBM talking — earnestly, and without a hint of irony — about how best to prune foliage. Of course, that’s because vegetation management is a big deal for energy distributors, especially…
InnoWatts Frequently Asked Questions
When was InnoWatts founded?
InnoWatts was founded in 2014.
Who are InnoWatts key executives?
InnoWatts's key executives are Akhlak Ahmed, Eric Danziger and Jason Davis.
How many employees does InnoWatts have?
InnoWatts has 89 employees.
Who are InnoWatts competitors?
Competitors of InnoWatts include Grid4C, Noveda Technologies and AutoGrid.
Where is InnoWatts headquarters?
InnoWatts headquarters is located at 601 Sawyer St #205, Houston.
Where are InnoWatts offices?
InnoWatts has an office in Houston.
How many offices does InnoWatts have?
InnoWatts has 1 office.
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