Cavalry x Openvolt
In an ever-changing, sustainability-focused environment, the importance of accessible energy data is steadily increasing across various industries. Dublin-based Openvolt is stepping up to address this need, securing EUR 1.5 million in a pre-seed round led by us at Cavalry Ventures, alongside participation from Übermorgen Ventures.
Empowering Innovation through Energy Data Access
The world has long understood that tech will play a major role in combating climate change. As a result, applications for saving energy and reducing CO2 emissions are springing up all over the place. But instead of focusing on building the applications and making sense of the energy data, developers have to struggle endlessly with APIs to various energy data sources. This delays the development of the much-needed applications we need to make energy consumption more efficient.
Openvolt’s journey began with a bold mission: to enable new energy solutions by breaking down the barriers to energy data access. Founded by visionary CEO Dave Curran and seasoned CTO Don O’Leary, Openvolt swiftly recognised the need for accessible and granular energy data to create a new generation of applications focused on reducing the world’s carbon footprint.
What open banking meant for financial applications, Openvolt strives to be for energy applications. These applications span improving energy efficiency in residential and commercial properties, enhancing electric vehicle charging experiences, and enabling emerging technologies such as demand response solutions for the electric grid.
A Seamless API Redefining Energy Data Access
The recent funding secured by Openvolt will serve to expedite the development of its groundbreaking API. The company is actively expanding its team, including the recruitment of remote Software Engineers based in Europe. This strategic growth underscores Openvolt’s commitment to providing a user-friendly and robust energy data API.
A Visionary Team Steering the Way
No other team is more up to this huge task. Openvolt’s co-founders, Dave Curran and Don O’Leary, bring invaluable expertise to the table. Dave Curran’s previous venture, Love Mondays, was acquired by Glassdoor in 2016, establishing his track record of entrepreneurial success. Don O’Leary, with a background in leading Stripe’s Dublin office and building world-class APIs, complements Dave’s experience.
Openvolt’s recent funding success and the impending launch of its Beta API mark a pivotal moment in the journey toward a sustainable energy future. By simplifying access to vital energy data, Openvolt empowers developers to drive innovation and create solutions that will shape a more sustainable world for generations to come.
Dave and Don sat down with Fabian Krautwurst to discuss the intricacies surrounding the access of high quality energy data and the importance of this for energy efficiency in various sectors.
