Texture

Thank you Energize Capital for featuring Texture! We're honored to be on this list as we lead bringing energy companies and energy customers closer together.

The Climate Capital Summit is back and bigger than ever! Mark your calendars for Wednesday September 25th during NY Climate Week. Last year, our inaugural summit was a success - 1 day, 11 panels, 39 speakers, 230 attendees from 5 continents, and 1,700 on the waitlist! This year, we’ve continued our focus on quality and are excited to bring you the highest quality event climate has to offer. Hosted by Equal Ventures x Fenwick & West x Mercury, the 2024 Climate Capital Summit is an invite-only, completely free-of-charge gathering of the climate industry's top capital allocators, executives, innovators and policymakers. We’re honored to be hosting some of the industry’s foremost voices, including keynote speakers Mary Powell (CEO of Sunrun) and Ira Ehrenpreis (Managing Partner of DBL Partners, BOD of Tesla) to top speakers like Bill Bush (CFO of Stem, Inc.), Scott Harden (CTO of Schneider Electric), Saurabh Anand (Managing Director of Global Infrastructure at The Carlyle Group), Irene Mavroyannis (Managing Director and Global Co-head of BD for Infrastructure at Partners Group), John Rapaport (Chief Investment Officer at Keyframe), Gregory Bolino (Head of Global Sustainability Strategy & Assets at JLL), Lauren Zullo (Managing Director of Impact at Jonathan Rose Companies), Kiran Bhatraju (CEO of Arcadia), Emily McAteer (CEO of Odyssey Energy Solutions), Sanjiv Sanghavi (CEO of Texture), and more to come. While this event will be invite-only, if you are interested in joining, you can submit your information on the website. If you would like to partner with us, please do not hesitate to reach out to Rick Zullo (zullo@equal.vc) or Grace Penders (grace@equal.vc). https://lnkd.in/g-arsHke

Earlier this week Texture, led by CEO & co-founder Sanjiv Sanghavi, announced its $7.5m seed round of fundraising with participation from Abstract Ventures, Day One Ventures, Equal Ventures, Lerer Hippeau, and a handful of angels. Dorothy Chang and I feel fortunate to count ourselves among the “handful of angels.” We didn’t invest just because Sanjiv is a close friend - though knowing him for over a decade has given us a lot of insight into his mind and how he operates. We invested for a lot of the typical reasons a VC would: Solving big problems with big potential returns - Venture investments only make sense if they have the chance to make massive returns. Texture is building the data infrastructure for energy networks - becoming a common data collection and sharing platform for every player in the energy grid, no matter the type of energy. There is already a huge gaping problem and a huge market here. Building for an inevitable future - On a macro level, as a society, we are moving more and more toward complex, interconnected energy sources as we optimize for the right balance of efficiency, sustainability and costs. Unique insight and founder-market fit - At a first glance, Texture seems like a big departure from what we originally knew Sanjiv from, as a Co-Founder of ClassPass. But since then, he has also played roles as the Chief Product officer at Arcadia, a successful energy data company (Arcadia’s CEO is also an investor in Texture) as well as an investor at Day One Ventures, investing in the energy/climate tech sector.  More details in this week's post: https://lnkd.in/eGBzXHwC

Congratulations to Texture for creating the first data infrastructure for energy networks that seamlessly aggregates data from devices, markets, and other signals. Proud to support this great team Sanjiv Sanghavi that empowers energy companies to deliver exceptional products and services more efficiently and cost-effectively. Learn more about their groundbreaking work - https://lnkd.in/egiuvA2d

We're excited to back Texture – the first operating system for energy networks. By collecting and synthesizing data from various energy sources, Texture enables real-time insights and coordination across diverse technologies. This seamless communication is essential for a sustainable and efficient energy transition. Learn more about what Sanjiv, Victor, Nicholas, and the rest of the Texture team are building in our latest post https://lnkd.in/e-c--dZk

So much gratitude for Rick Zullo and the Equal Ventures team for their early support!

Since the NY Public Service Commission issued the REV Order in 2015, DERs have become mainstream. Billions of public and private capital have been invested in DERs, countless companies have been started to manufacture, distribute, control, and monetize DERs (Leap, EnergyHub, Sealed, Voltus Palmetto, and Swell Energy to name just a few). It has been an incredible run, with so many innovative companies doing meaningful and impactful work. And we are only just getting started. What has not happened yet is a single platform on which all of these devices can be monitored, controlled, monetized, and can interact with one another alongside of energy and real world signals (think accessing Arcadia or UtilityAPI data, next to WattTime.org data, all on the same platform as device data), regardless of the manufacturer, distributor, owner, or aggregator. Texture is setting out to build just that. I'm proud to be building with such a talented and gracious team that is Texture. Good overview of what we are building: https://lnkd.in/ezphQApd

Thank you for the early support Lerer Hippeau!

Honored to see Texture featured in Axios today: https://lnkd.in/eF4ik2dA We're only just getting started!

Hey all! For the past nine months, a team of wildly talented people (special thanks to Nicholas Alan Brown and Victor Quinn) and I have been working on Texture (www.texturehq.com). Although there’s a lot to be said about being heads down working, I’m excited to finally tell you all more about it. First what is it? Texture is a data platform that enables conversations between devices and systems on the energy grid. The push towards renewables and electrification is adding computers to the grid faster than we did to the internet.  As it should, this is attracting a ton of innovation and companies working on really cool tech for energy.  But like the early days of ecommerce and fintech, they’re building without the support of standards and shared tools. This is where Texture comes in.  We’re building in energy, but we’re solving connectivity and technology stack challenges that we’ve all seen before. Here’s how we’ll do it: Unifying data: Centralize, standardize and synthesize data from devices, internal systems, third-party data sources and energy markets. Monitoring: Understand your network, better than ever. Centralized monitoring for you to find anomalies and optimize device performance. Streaming: Send data anywhere, anytime. Sync your data with internal & customer-facing applications, or share to create dialogue with other grid participants. Commands: Orchestrate your desired outcomes across your network. Control devices individually or in batches using your own rules. Thank you to our early investors and supporters: Rick Zullo at Equal Ventures, Graham Brown at Lerer Hippeau, Alex Davidov at Abstract Ventures, Masha Bucher at Day One Ventures, Alexei J. Cowett and angels, including Kiran Bhatraju (Arcadia), Naveen Selvadurai (Foursquare, Expa) Christopher Kemper (Palmetto), Michael Ruehlman (Swell, Sunlight), Prem Ramaswami (Google), Andrew Chang, Dorothy Chang and Andrew Chang, Joy Faucher, Rubina Singh, Neil Patel and more. Thanks to TechCrunch for sharing the news and Tim De Chant for doing the hard work to capture the story right. https://lnkd.in/ewq7-Azd.