Company Overview
Snapshot
Founded in September 2008 by Avner Cohen and Nir Marom, Greenlet operates with 1–10 employees. The company has raised $533.05K across three funding rounds from three investors. In November 2008, Greenlet secured its Seed funding round from LabOne Innovations.
Business overview
Greenlet is a smart grid startup that develops scalable energy control solutions for electric companies. Its core technology involves small units, or "greenlets," that monitor and control power for appliances and communicate with a central management software. This system helps electric companies reduce power during peak days and enables residential and commercial customers to receive compensation for power reduction. The company serves the energy sector, operating within the smart grid, energy management, and grid integration categories, with a focus on markets in Europe, Israel, South Africa, and North America.
Strategic signal
In January 1970, Greenlet Technologies partnered with Viridity Energy at Philadelphia's Navy Yard to demonstrate smart energy in action. This collaboration highlighted the practical application of Greenlet's scalable energy control solutions, signaling its potential for real-world impact in smart grid initiatives and validating its technology for broader market adoption.
Log in to access full profile ›Company Intelligence Q&A
- When was Greenlet founded and by whom?
- Greenlet was founded in September 2008 by co-founders Avner Cohen and Nir Marom.
- What is Greenlet's primary focus?
- Greenlet focuses on developing scalable energy control solutions for electric companies, utilizing smart grid technology to manage power consumption and enable demand-response programs.
- What was a significant early funding event for Greenlet?
- In November 2008, Greenlet secured $533.05K in Seed funding from LabOne Innovations.
- What was a key partnership for Greenlet?
- In January 1970, Greenlet Technologies partnered with Viridity Energy to demonstrate smart energy solutions at Philadelphia's Navy Yard.
- Which markets does Greenlet target?
- Greenlet targets geomarkets including Europe, Israel, South Africa, and North America with its energy control solutions.