Energy Innovation Capital invests in companies developing the next generation of technology to ensure abundant, clean, and accessible energy.

Energy Innovation Capital

Energy Innovation Capital is a venture capital firm that invests in companies developing the next generation of technology to ensure abundant, clean, and accessible energy.

We invest in founders and teams making significant impact through energy technology.

To date, EIC has backed over 30 companies across three funds.
From commercialization through early growth stages, we invest across the energy and energy-related landscape. We support founders and teams that we believe are developing innovation with a focus on three themes: energy transition, digital technologies, and sustainability.

Our experience spans the spectrum of innovation transforming and decarbonizing energy, resource-intensive industries, and our world at large - from smart buildings and cities, AI and autonomy, infrastructure and grid modernization, distributed energy systems, to EV transportation, hydrogen economy, battery technology, carbon management, methane monitoring and beyond.

Our team sits in San Francisco, Houston, Boston, and New York– the energy innovation and financial capitals of the world. Our team consists of multi-time CEOs and experienced technology investors, and we have collectively made over 150+ investments across energy tech. We believe our history in the energy business allows us to provide strategic and tactical advice and deep insights to founders. Our platform is further supported by extensive partner networks including executive advisors, operating partners and corporate partners.

To learn more about Energy Innovation Capital visit
www.energyinnovationcapital.com

Spear Power Systems

Fluence Analytics

Xpansiv

Phoenix Physical Therapy

We're proud to announce that EIC is a Bronze sponsor of the Startup Village Energy Startup Competition hosted by the Society of Petroleum Engineers International 🎉 

We hope to see many ground-breaking startups with innovative ideas for revolutionizing the energy sector taking part. See you in September in New Orleans!

Many thanks to the other sponsors, organizers and panelists including Gail Smith, PMP, CTT, Devon Energy, Ervell B., Chevron and bp 👏 

ATCE 2024 #EnergyIndustry #EnergyTech #EnergyStartup

We're proud to announce that EIC is a Bronze sponsor of the Startup Village Energy Startup Competition hosted by the Society of Petroleum Engineers International 🎉 

We hope to see many ground-breaking startups with innovative ideas for revolutionizing the energy sector taking part. See you in September in New Orleans!

ATCE 2024 Gail Smith, PMP, CTT

#EnergyIndustry #EnergyTech #EnergyStartup

Great case study from portfolio company Kelvin —which builds next-generation SaaS-based tools using artificial intelligence, machine learning, and analytics around emissions and sustainability—looking at the impact of its collaboration with energy company Santos Ltd since 2019 → https://lnkd.in/e6mZi8Pt

By using Kelvin SmartApps, Santos has been able to achieve, among other improvements:

✔ A 95% reduction in time spent on manual tasks
✔ A 70% time saving for engineers involved in surveillance and optimisation of well fields
✔ A 1% increase in production, with coordinated wellsites operations delivering better production performance
✔ A 2% reduction in energy consumption across numerous wellsites

The case study sums up the impact of the deployment of SmartApps as "increased efficiencies through control decisions that are based on what
Santos’s best production engineer would do on their best day."

#SaaS #MachineLearning

The Integrity Council for the Voluntary Carbon Market (ICVCM) has announced their approval of seven methodologies for generating carbon credits, an important step forward for the voluntary carbon market. A further 27 are currently being assessed.

Portfolio company Xpansiv, which is the world's largest provider of carbon market infrastructure, welcomed the news. CEO John Melby called it "an important step to scale carbon finance to the critical levels needed to achieve a timely and equitable global energy transition. We are activating the CCP [Core Carbon Principles] tags throughout our VCM infrastructure and plan to launch an ICVCM CCP-aligned Global Emissions Offset™ (GEO®) standardized contract soon."

You can read more about the ICVCM's Core Carbon Principles here → https://lnkd.in/eCuhxbpF

And about Xpansiv's response here → https://lnkd.in/eNggnjfN

#VoluntaryCarbonMarket #CarbonCredits #ICVCM @Carbon Herald

It's always exciting to see the expertise of our portfolio companies being recognized within their industries.

Recently Jesse Havens, VP of Technology at Fracture ID, gave a webinar for the American Association of Petroleum Geologists (AAPG) Petroleum Structure and Geomechanics Division. The talk focused on the challenges presented by unconventional reservoirs, and how using drillbit geomechanics enables operators to optimize their drilling and completions operation.

You can watch the full 45-minute webinar and 15-minute Q&A on the AAPG Petroleum Structure and Geomechanics Division's YouTube channel ➡ https://lnkd.in/gkrQpCn8 

#OilAndGas #DrillbitMechanics #UnconventionalReservoirs

We're very happy to share that industry veteran Ivo Steklac will be joining portfolio company ConnectDER as CEO 👏 

"I am thrilled to have the opportunity to lead a company with extraordinary technology positioned to capitalize on the rapidly developing residential electrification market," he said.

Founder Whitman Fulton is moving into the role of CPO, where he'll get to focus on his "true passions: making revolutionary products and telling the world about them in unconventional ways." He commented that "Ivo brings extensive experience and a proven track record of leading transformational initiatives within the distributed energy sector. He is the ideal leader for ConnectDER’s next stage of growth."

"Under Whit’s leadership, the Company has developed and sold over 20,000 solar adapters which enable significantly faster and less expensive residential solar installation," notes EIC Senior Managing Director and ConnectDER Board member Rajan Gupta. "We are excited to welcome Ivo as the new CEO to help realize the Company’s extraordinary growth potential."

You can read the full press release here ➡ https://lnkd.in/e52Prz9y

And you can congratulate the new CEO here ➡ https://lnkd.in/eTwRyUNw and CPO here ➡ https://lnkd.in/e2EzPtVb

#SolarEnergy #EnergyTransition #Renewables

Metric
Company Name	Energy Innovation Capital
Symbol
MSH ID	COM:ENERGYINNOVATIONCAPITAL
Market	PRIVATE
Sector	Financial Services & Finance
Industry	Venture Capital
Country	US
Stage
Employee Count	84
Website	energyinnovationcapital.com
LinkedIn	energy-innovation-capital
Founders

Metric
Market Cap
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue
Revenue (LTM)
Revenue (NTM)
Gross Profit
EBITDA
Operating Income
Net Income
EPS
Diluted EPS
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin
Operating Profit Margin
EBITDA Margin
Net Profit Margin
Return on Equity
Return on Assets
Return on Capital Employed

COM:ENERGYINNOVATIONCAPITAL

Energy Innovation Capital

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio
P/B Ratio
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio
EV Multiple

Metric
Days Sales Outstanding
Days Payables Outstanding
Days Inventory Outstanding
Operating Cycle
Cash Conversion Cycle
Asset Turnover

Metric
Operating Cash Flow
Free Cash Flow
Cash Flow to Debt
Operating Cash Flow/Sales
Free Cash Flow Yield

Metric
Cash & Equivalents
Accounts Receivable
Inventory
Goodwill
Debt to Capitalization
Debt to Assets
Current Ratio
Quick Ratio

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue
R&D to Revenue
SG&A to Revenue