
Energize Capital (formerly Invenergy Future Fund) is a venture capital firm investing in software and services that advance the energy transition and digital transformation of critical industries. The firm partners with entrepreneurs at the intersection of energy and technology, providing financial capital, industry expertise, and commercialization support.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 6 prior). Their most common stage is series-b (40% of deals). Average disclosed round size is $52.6M (across 62 rounds with reported amounts).
Portfolio
45
Fund Size
$430M
Top Stage
Series B
Last 12 Mo
1
Team
KM
Katie McClain
Partner & COO, Member of Investment Committee
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
68 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| IInstaLILY | Series B | $60M | Jul 2026 |
| Series A | — | Jan 2026 | |
| Seed | $10M | Sep 2025 | |
| Series B | $49.5M | Sep 2025 | |
| Series B | — | May 2025 | |
| Series A | $13.9M | Feb 2025 | |
| Series B | $30M | Feb 2025 | |
| Unknown | $15M | Jan 2025 | |
| Unknown | $15M | Jan 2025 | |
| Growth | $35M | Oct 2024 | |
| Seed | $8M | Aug 2024 | |
| Series C | $87M | Jan 2024 | |
| Series B | — | Oct 2023 | |
| Unknown | — | Jul 2023 | |
| Series B | $20M | Jun 2023 | |
| Series A | $50M | Apr 2023 | |
| Series B | $25M | Mar 2023 | |
| Series B | $20M | Jan 2023 | |
| Series B | $25M | Jan 2023 | |
| Series A | $50M | Jan 2023 | |
| Series C | $50M | Nov 2022 | |
| Series D | $96M | Sep 2022 | |
| Series A | $22M | Sep 2022 | |
| Series A | — | Sep 2022 | |
| Series B | $26M | Jul 2022 |
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Top Co-Investors
Bain Capital Ventures10 shared
Clearvision Ventures7 shared
National Grid Partners7 shared
Lux Capital6 shared
Energy Impact Partners6 shared
Coatue Management LLC5 shared
New Enterprise Associates5 shared
Iconiq Capital, LLC5 shared
Fifth Wall5 shared
Obvious Ventures5 shared
Realty Corporation4 shared
SE Ventures4 shared
H.I.G. Growth Partners4 shared
NTT DOCOMO Ventures4 shared
Schneider Electric4 shared
Congruent Ventures4 shared
Greylock Partners4 shared
Salesforce Ventures4 shared
In-Q-Tel4 shared
Emergence Capital3 shared
Last updated: 20 October 2026