inBalance
Electricity price forecasts for energy storage, ev charging, etc.
What they do
Energy market participants need accurate electricity price forecasts to optimize operations and maximize revenue for assets like storage and EV charging.
The company provides machine-learning software that produces accurate electricity price forecasts for real-time operational and revenue optimization.
Utilities and enterprise energy companies operating assets such as battery storage and EV charging (e.g., Enel).
Founders
Thomas is co-founder and CEO of Rewbi, which uses AI to optimize grid-connected battery storage. He previously founded inBalance, a YC W21 company, which was acquired by Stem (NYSE: STEM) in January of 2023. He led battery storage optimization and forecasting for Stem. He completed part of a Pure Mathematics PhD at University of Cambridge, which he left to build inBalance. He holds a Masters in Applied Mathematics and B.S.E. in Pure and Applied Mathematics from Johns Hopkins, graduating early.
Company timeline
- Founded2020
- YC batchWinter 2021
- StatusAcquired
- Team size10 people
- LocationSan Francisco, CA, USA; Cambridge, MA, USA; Remote
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