# Convergent Energy + Power

**Source:** https://www.startuphub.ai/startups/convergent-energy-power
**Profile type:** Startup

> Leading provider of energy storage solutions, optimizing grid reliability and reducing electricity costs for customers.

## About

Convergent Energy + Power finances, develops, owns, and operates energy storage systems, with or without solar PV, across North America. They provide solutions to significantly lower electricity bills and increase reliability for commercial and industrial clients, electric cooperatives, municipal utilities, and investor-owned utilities. Convergent also acts as a capital partner and resource for solar and storage developers.

## Key facts

- **Slug:** convergent-energy-power
- **Website:** https://www.convergentep.com
- **Location:** New York, United States
- **Founded:** 2011-11-01
- **Employees:** 130
- **Operating status:** Active
- **Total funding:** $585M
- **Sectors / tags:** Energy Storage, Renewable Energy, Cleantech, AI
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/convergent-energy-power
  - Twitter: https://x.com/ConvergentEP

## Frequently asked

### What does Convergent Energy + Power do?

Convergent Energy + Power finances, develops, owns, and operates energy storage systems, with or without solar PV, across North America. They provide solutions to significantly lower electricity bills and increase reliability for commercial and industrial clients, electric cooperatives, municipal utilities, and investor-owned utilities. Convergent also acts as a capital partner and resource for solar and storage developers.

### What is Convergent Energy + Power's revenue?

StartupHub estimates Convergent Energy + Power's annual revenue at $55.3M (range $30.0M to $123.0M, 67% confidence), based on comparable companies in the sector.

### What is Convergent Energy + Power's valuation?

StartupHub estimates Convergent Energy + Power's effective valuation at $2.4B (range $1.5B to $3.5B, 18% confidence), based on comparable companies in the sector.

### How much funding has Convergent Energy + Power raised?

Convergent Energy + Power has raised a total of $585M in funding. The most recent round on record is Debt Financing.

### Where is Convergent Energy + Power headquartered?

Convergent Energy + Power is headquartered in New York, United States.

### When was Convergent Energy + Power founded?

Convergent Energy + Power was founded in 2011.

### What industry does Convergent Energy + Power operate in?

Convergent Energy + Power operates in Energy Storage, Renewable Energy, Cleantech, AI.

### How many employees does Convergent Energy + Power have?

Convergent Energy + Power has approximately 130 people on record.

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