Ivy Energy, Inc.

Ivy Energy is a leading cleantech company that offers a comprehensive software platform and services for the clean energy transformation of multi-tenant real estate. Their central product is the Virtual Grid Cloud, a virtual grid platform and bill calculation software designed to automate solar and EV charging billing for multi-unit properties. This technology is critical for solving the “split incentive” challenge, enabling property owners to convert their clean energy generation into new revenue (NOI) while ensuring residents receive compliant, equitable, and real-time savings on their electricity bills based on their actual energy usage and solar production.

The company operates a turn-key service model and provides a consulting arm that offers expert guidance in energy procurement, management, and compliance. Based in San Diego, CA, Ivy Energy has secured $18 million in Series A funding and is led by co-founders including Dover J (CEO), Chris Calhoun, and Logan Carter. Beyond its software, the firm actively advocates for policy changes—such as its successful advocacy for VNEM tariffs in the NEM 3.0 proceedings—and has demonstrated significant environmental impact, with its projects set to offset over 109 million pounds of CO2.