Swell Energy: Funding, Investors & Team (Sep 2026)
For the benefit of everyone, Swell Energy is building a bigger grid. By empowering consumers to take charge of their energy use and costs, attain energy security, and participate in the transactive grid, the energy management and smart grid solutions provider is hastening the widespread adoption of distributed clean energy technology. Swell Energy partners with dependable local solar and solar+storage providers to deliver smooth, high-quality installations while offering financing options and virtual power plant programs to households and businesses. Swell Energy also provides resilient virtual power plant networks and grid-balancing services to utilities, which are essential to our future, carbon-free, distributed renewable energy system. These services are made available by building a critical mass of responsive and dynamic clean energy resources within utility service areas across the United States.
Swell Energy has raised $120M across 1 funding round on record, the most recent a Series B of $120M announced in Nov 2022.
That round is above the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Swell Energy Company Profile and Key Stats
Latest funding round on record: Nov 2022.
Swell Energy Funding Rounds
Swell Energy Founders and Leadership Team
Contact details for the Swell Energy team: 1 of 1 has an email address on file.
Start 14-day free trial →Swell Energy Funding Compared to Other Consumer Electronics Startups
Swell Energy's latest round of $120M is above the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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Swell Energy Funding FAQs
What does Swell Energy do?
For the benefit of everyone, Swell Energy is building a bigger grid. By empowering consumers to take charge of their energy use and costs, attain energy security, and participate in the transactive grid, the energy management and smart grid solutions provider is hastening the widespread adoption of distributed clean energy technology. Swell Energy partners with dependable local solar and solar+storage providers to deliver smooth, high-quality installations while offering financing options and virtual power plant programs to households and businesses. Swell Energy also provides resilient virtual power plant networks and grid-balancing services to utilities, which are essential to our future, carbon-free, distributed renewable energy system. These services are made available by building a critical mass of responsive and dynamic clean energy resources within utility service areas across the United States.
How much funding has Swell Energy raised?
Swell Energy has raised $120M across 1 round on record. The most recent is a Series B of $120M announced in Nov 2022.
When did Swell Energy last raise funding?
Swell Energy's most recent funding round on record is a Series B of $120M, announced in Nov 2022.
Who is the CEO of Swell Energy?
Suleman Khan is listed as CEO at Swell Energy.
Where is Swell Energy headquartered?
Swell Energy is based in Santa Monica, California, United States.
How many employees does Swell Energy have?
Swell Energy is in the 101-250 employee band.
How does Swell Energy's funding compare to other Consumer Electronics startups?
Swell Energy's latest round of $120M is above the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Swell 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 Swell Energy is left off this page rather than filled in.
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