# Ivy Energy

> Ivy Energy is a San Diego cleantech company whose cloud software, Virtual Grid, automates the billing and management of onsite solar, battery storage, and EV charging for multi-tenant properties. It solves a stubborn accounting problem - fairly splitting the value of a shared rooftop solar array among many tenants - and turns that onsite energy into recurring, predictable net operating income for property owners. Founded in 2019 by Dover Janis, the company raised an $18M Series A led by SolarEdge in 2024 and serves multifamily and commercial real estate portfolios across multiple U.S. markets.

- **Founded:** 2019
- **Headquarters:** San Diego, California, United States
- **Founders:** Dover Janis (Founder)
- **Team size:** ~50 employees
- **Products:** Virtual Grid Cloud, Solar & EV Billing, Property Management Integrations, Tenant Experience & Sustainability Insights
- **Notable:** Closed $18M Series A led by SolarEdge in April 2024, Named a Top Solar Monitoring / billing software by Solar Power World for two consecutive years, Granted a U.S. patent for its virtual grid billing technology

## Products & services

- **Virtual Grid Cloud** — Cloud platform that meters a shared onsite solar (and storage) system and allocates generation across individual tenant units using proprietary smart-grid logic, automating solar billing.
- **Solar & EV Billing** — Automated tenant-level billing for onsite solar and EV charging, including virtual net metering, dynamic tariff modeling, and owner reporting that converts onsite energy into recurring NOI.
- **Property Management Integrations** — Native integrations with Yardi, RealPage, Entrata, and Conservice so billing flows into existing property operations.
- **Tenant Experience & Sustainability Insights** — Tenant-facing energy transparency, savings verification, and sustainability/ESG reporting for portfolio owners.

## Achievements

- Closed $18M Series A led by SolarEdge in April 2024
- Named a Top Solar Monitoring / billing software by Solar Power World for two consecutive years
- Granted a U.S. patent for its virtual grid billing technology
- SOC 2 compliant platform supporting multi-state portfolios
- Recognized by Energy Tech Review as a Top Renewable Energy Solutions Company (2022)

## Latest updates

- **2026-04** — Nadav Gur appointed CEO to accelerate the next phase of growth; founder of Port Power and former WorldMate/Desti operator.
- **2024-04** — Closed $18M Series A led by SolarEdge to accelerate onsite solar and distributed energy for multi-tenant properties.

## Links

- Website: https://www.ivy-energy.com/
- LinkedIn: https://www.linkedin.com/company/ivyenergy
- YouTube: https://www.youtube.com/@ivy-energy
- Facebook: https://www.facebook.com/ivyvirtualgrid/

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Profile page: https://yespress.io/ivy-energy
Published by YesPress — https://yespress.io
Last updated: 2026-07-11