Copper is a wireless energy monitor that delivers real-time data from electric, gas and water meters so utilities can engage consumers with actionable insights that manage peak demand and accelerate energy efficiency.
Copper builds internet of things products and services that help utilities and consumers leverage real-time energy data to create a more informed and sustainable energy future.
Copper Labs was founded in 2016 by Jeff Mathews. The company is headquartered in Boulder, Colorado.
Copper Labs is helping utilities build and manage a more intelligent energy grid with real-time, wireless energy data in an extremely cost-effective way. It Gives Energy A Voice' by delivering actionable insights to consumers and their energy service providers, in real-time.
Copper Labs has a few different solutions; an in-home bridge that connects existing smart meters to an internet connection, and a neighborhood-scale solution that can do the same for anything from dozens to thousands of homes.
Copper’s solution is far cheaper, quicker and more environmentally conscious to install on a utility pole, than replacing a hundred perfectly fine and serviceable power meters at the home level.
Copper Labs is backed by National Grid Partners, Clean Energy Ventures (CEV), Tahoma Ventures, Moonshots Capital, Blue Bear Capital, and others. The company raised $5.5M in Series A round on Mar 15, 2022. This brings Copper's total funding to $9.5M to date.