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Smart Joules

200 employees

Smart Joules' mission is "To eliminate energy waste.” Our services and products include: 1. JoulePAYS: Make energy savings easy and profitable from day one with zero investment and zero risk for buildings and factories under a single Pay-As-You-Save (PAYS) Agreement. 2. DeJoule: Monitor energy and process parameters, discover optimum operational points with Joule Recipes (our energy optimization algorithms), and eliminate energy waste by controlling any equipment with our high-performance and cost-effective IoT devices. 3. JouleCOOL: 0 CapEx, single accountability build-own-operate-maintain-automate-optimize model for central cooling systems in greenfield projects where clients pay based on demand and usage; Smart Joules manages the entire show and delivers high quality, affordable, sustainable cooling services under long term contracts. We have wonderful clients across India and supporters from all over the world, including leading organizations such as NITI Aayog, The World Bank, Asian Development Bank (ADB) and International Energy Agency (IEA).

Investor insights

Funding rounds participated in

$8M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Climate Technology Product Manufacturing

Sectors

Climate Technology Product Manufacturing

Date founded

2014

Funding rounds raised

Total raised

$8M

from 1 investors over 1 rounds

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Smart Joules raised $8M on March 29, 2024

Investors: IFU

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