Also known as: InBalance
Electricity price forecasts for energy storage, ev charging, etc.
Company was acquired
Event Year: 2021
Company was acquired
Event Year: 2021
inBalance leveraged machine learning to provide precise electricity price forecasts. Their software empowered businesses, including major players like Enel, to optimize energy storage and EV charging strategies. By offering accurate predictions, inBalance enabled its clients to significantly enhance revenue streams, reporting improvements in the millions of dollars annually. This value proposition led to their successful acquisition, highlighting the demand for sophisticated energy forecasting solutions in the industrial sector.
inBalance leveraged machine learning to provide precise electricity price forecasts. Their software empowered businesses, including major players like Enel, to optimize energy storage and EV charging strategies. By offering accurate predictions, inBalance enabled its clients to significantly enhance revenue streams, reporting improvements in the millions of dollars annually. This value proposition led to their successful acquisition, highlighting the demand for sophisticated energy forecasting solutions in the industrial sector.
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Total Raised: Unknown (Y Combinator backed)
Last Round: Winter 2021
Industrials
Industrials
Industrials -> Energy
Industrials -> Energy
Team size: 10
Hiring: No
Team size: 10
Hiring: No