Swell Energy

Swell Energy is a renewable energy and cleantech company based in Santa Monica, California, with an additional office in Ventura. The company specializes in distributed energy solutions, including solar systems, battery storage, and virtual power plant (VPP) technology. Swell aims to enable energy independence for homeowners and businesses through integrated solar and energy storage solutions that help reduce energy costs and enhance energy security. Swell's offerings include the aggregation of distributed energy resources to create grid-scale VPPs, providing grid services to utilities. Notable initiatives include the 80-MW Home Battery Rewards Program in Hawaii and the Partners+ program with Sacramento Municipal Utility District. The company also features an energy management platform that allows customers to optimize their energy use and participate in demand response programs. Swell Energy is committed to advancing clean energy adoption and grid modernization through customer-focused solutions and partnerships with utilities.

Renewables & Environment Santa Monica, United States Founded 2014 ~19 employees Private · Series B

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Employees
19
Revenue / employee
$458K
Revenue ~$8.7M
Total funding
$584M
Last round Series B, Nov 2022
H1B sponsor
Yes

H-1B sponsorship

H-1B Sponsorship

This company sponsors H-1B visas

Funding

  • Nov 2022 · Series B · $120M · SoftBank Vision Fund 2, Greenbacker Development Opportunities Fund I, LP, Ares Infrastructure Opportunities fund
  • Dec 2020 · Venture · $450M · Ares Management Corp, Aligned Climate Capital
  • Nov 2019 · $13.6M

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Swell Energy FAQ

How many employees does Swell Energy have?

Swell Energy has about 19 employees (as of Oct 2026).

What is Swell Energy's revenue per employee?

Swell Energy makes about $458K in revenue per employee, based on $8.7M annual revenue and 19 employees.

How much funding has Swell Energy raised?

Swell Energy has raised $583.64M in total funding; its latest round was Series B in Nov 2022.

Data from Company Prospectus, DOL LCA disclosures, WARN notices and 6figr salary profiles.