# Recurve

> Recurve is a San Francisco / Mill Valley-based climate software company that turns behind-the-meter customer devices - smart thermostats, heat pumps, EV chargers, batteries - into reliable grid resources. Its FLEX platform uses revenue-grade smart-meter data and open-source measurement methods (OpenEEmeter / CalTRACK) to let utilities, regulators and aggregators design, run and verify demand-flexibility programs and pay for performance. In effect, Recurve builds the market plumbing for virtual power plants, so the grid can lean on millions of small homes and businesses instead of a single new gas peaker plant.

- **Founded:** 2015
- **Headquarters:** San Francisco, California, United States
- **Founders:** Matt Golden (Founder & CEO)
- **Team size:** ~54 employees
- **Products:** FLEX Platform, FLEXmarket, FLEX Insights, OpenEEmeter / OpenDSM, FLEXvalue
- **Notable:** Won the 2026 AESP Energy Award for Innovation in Demand Flexibility, Seeded the open-source OpenEEmeter and CalTRACK measurement standards now used across multiple U.S. energy markets, Launched PG&E's Market Access Program (2022) to help prevent summer rotating outages

## Products & services

- **FLEX Platform** — Demand-side platform that lets utilities and partners design, run and verify demand-flexibility, energy-efficiency and DER programs using revenue-grade smart-meter data.
- **FLEXmarket** — A pay-for-performance marketplace connecting solution providers and aggregators to utility markets, paying for the measured grid value of load reductions during high-demand periods.
- **FLEX Insights** — Analytics layer for program performance tracking, customer targeting, load disaggregation and regulator-ready measurement and verification reports.
- **OpenEEmeter / OpenDSM** — Open-source measurement and verification engine (housed under LF Energy / OpenDSM) implementing the CalTRACK methods for meter-based savings calculation.
- **FLEXvalue** — Open-source tool for valuing avoided-cost and grid benefits of demand-side resources to support resource planning and regulatory cost-effectiveness analysis.

## Achievements

- Won the 2026 AESP Energy Award for Innovation in Demand Flexibility
- Seeded the open-source OpenEEmeter and CalTRACK measurement standards now used across multiple U.S. energy markets
- Launched PG&E's Market Access Program (2022) to help prevent summer rotating outages
- Joined RMI's Virtual Power Plant Partnership with Kraken and Voltus
- Raised ~$32M total across Series B and follow-on rounds

## Latest updates

- **2026-01** — Recurve's FLEX platform won the 2026 AESP Energy Award for Innovation in Demand Flexibility.
- **2025-10** — Raised $12.6M follow-on from existing investor Quantum Capital Group for financial flexibility amid growing demand.
- **2022-08** — Closed $18M Series B led by energy-industry strategics to scale its virtual power plant platform.
- **2022-07** — Launched PG&E's Market Access Program using FLEXmarket to reduce peak demand in California.

## Links

- Website: https://recurve.com
- LinkedIn: https://www.linkedin.com/company/recurveanalytics
- Twitter/X: http://twitter.com/recurveus
- GitHub: https://github.com/recurve-methods
- Facebook: https://facebook.com/recurveinc/

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Profile page: https://yespress.io/recurve
Published by YesPress — https://yespress.io
Last updated: 2026-06-20