Blip Energy

Overview
Smart Homes: Energy & Water Solutions?
Alternative Energy?
Product stageSegments
Early
?
Home energy storage
?

Blip Energy is building a new category of energy storage that is smart, affordable, and flexible to add millions of homes to the smart grid network. A hybrid hardware/software solution for energy management that works in any home without barriers around permitting and installation. Power outages across the U.S. cost $150B annually. On Avg. 500K Americans lose power daily without backup solutions and 84% of Americans are concerned. Existing grid vulnerability is exacerbated by energy transition volatility. The U.S. power grid had the most outages in history in the past two years. Households need power security, and utilities need levers on the smart grid to balance loads and prevent blackouts. Blip envisions a future where every household has access to smart IoT energy storage to provide critical backup power. Blip solves the growing need for reliable energy with the lowest cost energy storage on the global battery market. Simultaneously, this adds millions of otherwise inaccessible customers to the smart grid. Blip's business model reflects current resilience needs, cost savings, and a data-driven future, by wrapping our hardware endpoint with data and grid services.

HQ location:
Chicago IL USA
Founded year:
2021
Employees:
1-10
IPO status:
Private
Total funding:
USD 1.4 mn
Last Funding:
USD 70.0 k (Grant; Aug 2023)
Key competitors
 
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Product Overview
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Product Metrics
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Company profile
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