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InBalance

Boston, MA

inBalance recognizes the growing demand for next-generation financial modelling to support the increasingly sophisticated decisions that renewable stakeholders face. Our vision is to enable rapid growth of novel decarbonizing technologies through the trading insights necessary to properly leverage them. Utilities, energy traders, and storage providers, among other energy stakeholders, struggle to navigate wholesale electricity pricing when resources or making charge/discharge decisions. Market volatility erodes US utilitiesโ€™ profits, curtails renewables, and ultimately drives higher prices for consumers. inBalance offers unique and cutting-edge Machine Learning electricity price and risk modeling software (SaaS) to reflect the complexity of an energy market landscape increasingly shaped by renewables.

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Company Details

Founded

2020

Employees

Between 5 - 20 employees

Raised

$1,600,000

Headquarters Location

Boston, MA

Public

No

Acquired

No

Founders

Edwin Fennell
Edwin Fennell
Thomas Marge
Thomas Marge
Rajan Troll
Rajan Troll

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InBalance Headquarters Location

Boston, MA 02110

Total Amount Raised: $1,600,000

InBalance's Investors

InBalance Funding Rounds

  • Seed

    $1,600,000

    Seed Investors

    Y Combinator
    Knockout Capital
    Blaine Vess
    Lorimer Ventures
    Ian McHenry
    Cold Start
    Bill Yu
Funding info provided by Diffbot.

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