FSIGHT
AI-based Distributed Energy Management Solution
Company Overview
Snapshot
Founded in October 2014 by Mordechai (Moti) Friedman, Amos Lasker, and Eveline Steinberger-Kern, FSIGHT operates with 11–50 employees. The company raised $19.3M across 4 funding rounds from 1 investor. In December 2022, FSIGHT was acquired by Tigo Energy.
Business overview
FSIGHT provides artificial intelligence software solutions for the energy market, focusing on distributed energy management. Its AI technology platform is designed to leverage decentralized market dynamics and smart metering data to optimize energy revenues and reduce costs. The company helps energy providers, hardware producers, and end customers manage flexibility and unlock the potential of distributed energy resources (DERs) within the renewable and distributed energy market. FSIGHT operates within the Energy Tech sector, specifically addressing Energy Management & Grid Integration.
Strategic signal
In December 2022, FSIGHT was acquired by Tigo Energy, a strategic move that signals consolidation and increased focus on advanced energy data analytics within the solar and broader energy management sectors. This acquisition highlights the growing importance of AI-driven solutions for optimizing distributed energy resources and integrating them into existing energy infrastructure, indicating a market trend towards smarter, more efficient grid management.
Log in to access full profile ›Company Intelligence Q&A
- What is FSIGHT's primary focus?
- FSIGHT specializes in AI-based distributed energy management solutions, utilizing its technology to optimize energy consumption and production for microgrids, utilities, and commercial/industrial facilities.
- When was FSIGHT acquired?
- FSIGHT was acquired by Tigo Energy in December 2022. This acquisition aimed to advance energy data analytics solutions.
- Who are the founders of FSIGHT?
- FSIGHT was co-founded by Mordechai (Moti) Friedman, Amos Lasker, and Eveline Steinberger-Kern.
- Which investor participated in FSIGHT's funding rounds?
- The company has raised a total of $19.3M across 4 funding rounds.
- Has FSIGHT received any grants?
- In February 2019, FSIGHT received a grant from the BIRD Foundation. Additionally, in October 2017, the company secured a grant from the Israel Innovation Authority.