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Founded Year

2011

Stage

Grant - II | Alive

Total Raised

$4.1M

Valuation

$0000 

Last Raised

$500K | 1 yr ago

About Opus One

Opus One is a company focused on digital utility management in the energy sector. The company offers a suite of software solutions that enable transmission, distribution, and market operators to plan, manage, optimize, and trade renewable energy and distributed energy resources (DERs) across the energy network. It primarily serves the utilities industry. It was founded in 2011 and is based in Toronto, Ontario. Opus One operates as a subsidiary of GE Digital.

Headquarters Location

114 Richmond Street East Unit 16

Toronto, Ontario, M5C 1P1,

Canada

833-678-7663

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Expert Collections containing Opus One

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Opus One is included in 3 Expert Collections, including Smart Cities.

S

Smart Cities

4,579 items

G

Grid and Utility

1,816 items

Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.

E

Energy Management Software

676 items

Companies creating software to help manage, optimize, and automate energy management and optimization.

Opus One Patents

Opus One has filed 9 patents.

The 3 most popular patent topics include:

  • electric power distribution
  • electrical engineering
  • energy storage
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/16/2020

7/5/2022

Electric power distribution, Electrical engineering, Smart grid, Energy storage, Power engineering

Grant

Application Date

6/16/2020

Grant Date

7/5/2022

Title

Related Topics

Electric power distribution, Electrical engineering, Smart grid, Energy storage, Power engineering

Status

Grant

Latest Opus One News

GE Digital acquires Opus One Solutions for US $68M

Jul 20, 2022

GE Digital acquires Opus One Solutions for US $68M Financial terms were not disclosed. According to GE’s financial reports, GE paid US $1,523 million for acquisitions in Q4 2021. On December 21, 2021, GE’s Healthcare business acquired BK Medical for US $1,455 million. The pruchase price for Opus One was approximately US $68 million if Opus One was the only other acquisition in Q4. Toronto based Opus One Solutions is a software company that helps electric utilities optimize energy planning, operations, and market management. Founded by CEO Jushua Wong, Opus One has raised undisclosed amount of venture funding from Energy Impact Partners, ENGIE New Ventures, Renewal Funds, MacKinnon, Bennett & Company Inc., Export Development Canada (EDC), and others. photo credit: Opus One Solutions Related

Opus One Frequently Asked Questions (FAQ)

  • When was Opus One founded?

    Opus One was founded in 2011.

  • Where is Opus One's headquarters?

    Opus One's headquarters is located at 114 Richmond Street East, Toronto.

  • What is Opus One's latest funding round?

    Opus One's latest funding round is Grant - II.

  • How much did Opus One raise?

    Opus One raised a total of $4.1M.

  • Who are the investors of Opus One?

    Investors of Opus One include Government of Canada, GE Digital, FedDev Ontario, Renewal Funds, MacKinnon, Bennett & Co. and 7 more.

  • Who are Opus One's competitors?

    Competitors of Opus One include Plexigrid and 1 more.

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Compare Opus One to Competitors

G
Grid4C

Grid4C focuses on artificial intelligence (AI) and machine learning solutions. The company offers services to analyze data from smart meters and the Internet of Things (IoT) devices to provide predictive insights for energy providers, their customers, and the grid. Grid4C primarily sells to regulated utilities, retail energy providers, and third-party solution providers. It was founded in 2013 and is based in Austin, Texas.

Venios Logo
Venios

Venios is a company that focuses on IT solutions and consulting services within the power grid infrastructure industry. The company's main offerings include analyzing, planning, forecasting, monitoring, and controlling the conditions of power grid infrastructure, specifically for the low and medium voltage ranges. Venios primarily serves distribution service operators, utilities, and companies with its energy solutions and management services. It is based in Frankfurt, Germany.

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BluWave-ai

BluWave-ai is a renewable energy usage software platform that generates renewable energy usage with artificial intelligence (AI) on a grid using IoT sensors. It offers services such as grid operators, utilities, distribution system operators (DSOs), grid-tied enterprises, electric vehicle (EV) fleet operations, off-grid microgrids, and more. The company was founded in 2017 and is based in Ottawa, Canada.

Plexigrid Logo
Plexigrid

Plexigrid provides solutions for electricity systems by using data analysis and optimization technology. It allows management of the resources in the electrical networks and provides individual and aggregate optimization of resources such as solar panels and electric vehicles. The platform offers services such as grid monitoring, grid analytics, flex management, and other solutions. The company was founded in 2020 and is based in Asturias, Spain.

E
Enline

Enline focuses on energy monitoring systems and line rating in the energy sector. The company offers services such as data monitoring of energy assets, artificial intelligence(AI) driven forecasting of potential issues, and advanced simulation tools for planning and designing energy infrastructure. It primarily sells to the energy sector, including transmission system operators, power generation companies, and distribution system operators. It was founded in 2018 and is based in Lisbon, Portugal.

Stemy Energy Logo
Stemy Energy

Stemy Energy is a company focused on energy efficiency and sustainability within the energy sector. The company offers services that use artificial intelligence to manage energy resources more efficiently, connecting consumers in electricity markets as if they were a power plant, and promoting a more sustainable energy system. Stemy Energy primarily serves residential, commercial, and industrial consumers, as well as collective self-consumption and energy communities. It was founded in 2018 and is based in Madrid, Spain.

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