# Utilize

**Source:** https://www.startuphub.ai/startups/utilize
**Profile type:** Startup

> An industry-led coalition revolutionizing electric grid usage, capacity, and regulatory frameworks for affordability.

## About

Utilize is an industry-led coalition focused on increasing electric grid utilization to make electricity cheaper, faster, and more reliable. The organization collaborates with policymakers, utilities, and stakeholders to unlock unused capacity on the existing electric grid, helping states meet rising demand while lowering electricity rates.

## Key facts

- **Slug:** utilize
- **Website:** https://utilize.energy/
- **Location:** San Francisco, California, USA
- **Founded:** 2021-01-01 00:00:00
- **Employees:** 34
- **Operating status:** Active
- **Total funding:** $63M
- **Sectors / tags:** Energy, Software, Artificial Intelligence, Cleantech, Infrastructure, Policy
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/utilize-energy/
  - Twitter: https://twitter.com/utilize_energy
  - Facebook: http://www.facebook.com/2008

## Frequently asked

### What does Utilize do?

Utilize is an industry-led coalition focused on increasing electric grid utilization to make electricity cheaper, faster, and more reliable. The organization collaborates with policymakers, utilities, and stakeholders to unlock unused capacity on the existing electric grid, helping states meet rising demand while lowering electricity rates.

### What is Utilize's revenue?

StartupHub estimates Utilize's annual revenue at $20.8M (range $11.5M to $59.5M, 71% confidence), based on comparable companies in the sector.

### What is Utilize's valuation?

StartupHub estimates Utilize's effective valuation at $754.1M (range $527.9M to $980.3M, 33% confidence), based on comparable companies in the sector.

### How much funding has Utilize raised?

Utilize has raised a total of $63M in funding. The most recent round on record is Series A.

### Where is Utilize headquartered?

Utilize is headquartered in San Francisco, California, USA.

### When was Utilize founded?

Utilize was founded in 2021.

### What industry does Utilize operate in?

Utilize operates in Energy, Software, Artificial Intelligence, Cleantech, Infrastructure, Policy.

### How many employees does Utilize have?

Utilize has approximately 34 people on record.

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