Bidgely

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Bidgely Closes $27 Million Series C to Grow Disaggregation Solutions for Utilities

Mountain View, Calif., January 16, 2018 — Bidgely announced today that it has closed a $27 million Series C round of financing — the largest round of investment to date for energy disaggregation technology. Georgian Partners, an investment fund known for its focus on high-growth enterprise software companies that use applied artificial intelligence to disrupt markets, led the oversubscribed round. Returning investors include Khosla VenturesE.ON, and innogy. Constellation Technology Ventures, the venture capital arm of Exelon Corporation, is also expected to return.