Climate and Clean Tech | May 3, 2022

Sense raises $105 million to help homeowners reduce energy costs

Roodgally Senatus
ImpactAlpha Editor

Roodgally Senatus

ImpactAlpha, May 3 — Cambridge, Mass.-based Sense helps homeowners reduce their carbon footprint with devices that monitor energy usage in real-time.

The company has raised $105 million in a Series C round led by Blue Earth Capital, with participation from TELUS Ventures, MCJ Collective, Energy Impact Partners and Schneider Electric.

“We’ve always known that the fastest path to mass-market adoption is to get our core technology built into the infrastructure of homes,” said Sense’s Mike Phillips. The company is looking to work with global home appliance brands and target homeowners in Europe and the Asia Pacific region.