Revert Technologies
Revert Technologies offers an AI-powered energy management platform that helps businesses save on electricity bills by turning off idle equipment. Their smart plugs utilize machine learning and utility pricing analytics to optimize energy usage, providing real-time analytics and impact reporting. The technology is designed for facility managers, enabling them to manage energy consumption efficiently without disrupting operations. With a focus on sustainability, Revert Technologies aims to reduce carbon emissions while delivering significant cost savings to enterprises.
Revert Technologies
Revert Technologies offers an AI-powered energy management platform that helps businesses save on electricity bills by turning off idle equipment. Their smart plugs utilize machine learning and utility pricing analytics to optimize energy usage, providing real-time analytics and impact reporting. The technology is designed for facility managers, enabling them to manage energy consumption efficiently without disrupting operations. With a focus on sustainability, Revert Technologies aims to reduce carbon emissions while delivering significant cost savings to enterprises.
TL;DR
What they do: AI-powered plug-load energy management hardware and cloud platform that turns off idle equipment to reduce electricity waste
Customers / use cases: Facility managers for schools, hotels, offices, gyms, and retail
Founders: Ryan Li (CEO) and Joseph (Joe) Lybik (CTO)
Team size: ~15 employees
Recent funding: Seed activity in 2024; total disclosed funding ~$1.09M
Company Overview
Problem Domain
Commercial plug-load energy waste (phantom/idle loads) and energy cost optimization
Founded
2019
Industry
Energy management; IoT; Sustainability
Tech Stack
Funding Track Record
Pre-seed activity reported in September 2022 with Techstars involvement
Seed round announced with investors including Synetro Group and Maine Venture Fund
Additional seed entry reported with a June 10, 2024 filing
Investor Signal
“Synetro Group; Maine Venture Fund; Techstars”