Virtual Peaker: Raises $16.6M in Series A Funding Round

Virtual Peaker Raises $16.6M in Series A Funding Round

• Virtual Peaker, a Lousville KY-based cloud-based company that provides modern utilities with a distributed energy platform, raised $16.6M in Series A funding
• The round was led by Louis Bacon’s Moore Strategic Ventures with participation from Emerson Ventures
• The company intends to use he funds to boost its product development, marketing, sales, and other functions
• VirtualPeaker is a cloud-based distributed energy platform whose suites for utilities to manage their distributed energy resources (DERs)
• The company is expanding its platform to include Customer Engagement and Forecasting suites of products in addition to its DERMS suite
• VirtualPeaker currently employs about 40 people in various locations across the country