FundedIQ
Energy

David Energy: Funding, Investors & Team (Aug 2026)

David Energy is an energy company using innovative technology to revolutionize the consumption, management, and trade of electricity. Through the combination of software and hardware solutions, David Energy aims to improve energy efficiency, lower expenses, and promote the use of renewable energy sources. Their focus on intelligent energy management, integration of renewable energy, and involvement in the energy market are contributing to a more sustainable and effective energy landscape.

www.davidenergy.com LinkedIn Brooklyn, United States 51-100 employees
Energy Energy Efficiency Energy Management Software
Total raised
$59.4M
Rounds
3
Latest
Series A
Sep 2024

David Energy has raised $59.4M across 3 funding rounds on record, the most recent a Series A of $23.0M announced in Sep 2024.

That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.

David Energy Company Profile and Key Stats

Total funding raised
$59.4M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series A
$23.0M in Sep 2024
Employees
51-100
reported band
Headquarters
Brooklyn, United States

Latest funding round on record: Sep 2024.

David Energy Funding Rounds

Date
Round
Amount
Series A
$23.0M
Undisclosed round
$15.9M
Series A
$20.5M

David Energy raised $20.5M in a Series A announced in Mar 2022.

2.2 years later, an undisclosed round of $15.9M was announced in May 2024.

4 months later, a Series A of $23.0M was announced in Sep 2024.

David Energy Founders and Leadership Team

Name
Role
Contact
Ahmed Salman
Founder
Locked
David Energy
Founder
James McGinniss
CEO
Locked

Contact details for the David Energy team: 2 of 3 have an email address on file.

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David Energy Funding Compared to Other Energy Startups

Segment
Companies
Median round
2,284
$15M
29,722
$7.5M
8,352
$15M

David Energy's latest round of $23.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.

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David Energy Funding FAQs

What does David Energy do?

David Energy is an energy company using innovative technology to revolutionize the consumption, management, and trade of electricity. Through the combination of software and hardware solutions, David Energy aims to improve energy efficiency, lower expenses, and promote the use of renewable energy sources. Their focus on intelligent energy management, integration of renewable energy, and involvement in the energy market are contributing to a more sustainable and effective energy landscape.

How much funding has David Energy raised?

David Energy has raised $59.4M across 3 rounds on record. The most recent is a Series A of $23.0M announced in Sep 2024.

When did David Energy last raise funding?

David Energy's most recent funding round on record is a Series A of $23.0M, announced in Sep 2024.

Who founded David Energy?

FundedIQ lists Ahmed Salman (Founder), David Energy (Founder) at David Energy.

Who is the CEO of David Energy?

James McGinniss is listed as CEO at David Energy.

Where is David Energy headquartered?

David Energy is based in Brooklyn, New York, United States.

How many employees does David Energy have?

David Energy is in the 51-100 employee band.

How does David Energy's funding compare to other Energy startups?

David Energy's latest round of $23.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.

About FundedIQ's David Energy Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for David Energy is left off this page rather than filled in.

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