# inBalance (YC W21)

Real-time forecasts of electricity price to support renewables, ev charging

## Elevator pitch
15 years from now, we want inBalance to be the modern utility and directly operate 33% of all global renewable assets. These projections cannot be guaranteed.

- Canonical URL: https://wefunder.com/inbalance
- Entity ID: wefunder:company:83565
- Last updated: 2026-06-22T05:03:19Z
- Generated at: 2026-06-23T00:51:52Z

## Quick facts
- 🔥 25% increase in revenue over traditional forecasting
- 💡Pilots with 15% of New England's responsive electricity generation
- ⚡️Working with industry leaders from Uber, EnerNOC, McKinsey
- 📈Aiming to reach $100M ARR in 5 years by both working with utilities and directly with the market

## Active fundraises
- wefunder:fundraise:44297: 4(a)(6) successful (USD)
- wefunder:fundraise:44324: 4(a)(6) successful (USD)

## Story
🔗 Link to recorded Clubhouse pitch night on Startup Club

## FAQ
1. **Just to clarify, the terms are a SAFE with a 15M cap, and no discount? If so, is there a reason why there's no discount? In the suboptimal case where a future raise happens below or at 15M, investors that joined earlier aren't rewarded for taking on more risk than the future i...**
   - Thank you Amit! As one of the most successful companies in our batch, we have already closed $1,180,000.00 as of today from venture capital without a discount. I believe the driving market factor for this rate is that the average YC Series A so far this year has been at a $74m pre-money valuation (yes, just 12-18 months after seed!). It would be great to have you onboard!
2. **Here’s kind of a “gut check” question, if it’s possible to accurately predict fluctuations in electricity prices, why hasn’t it been done yet? Various Quantitative Finance methods have existed for decades now, and the “ML boom” (in industry at least) has been going on since at...**
   - Electricity markets are undergoing rapid transformation at the moment. Intermittent renewables are leading to more extreme price fluctuation, but as we saw in Texas even more frequent extreme climate events are impacting the reliability of our energy infrastructure. In response, we are positioned to manage the $5b/per year of grid-scale storage that is coming online - this summer alone Texas battery infrastructure is expected to increase from 200 MW to 1700 MW.
3. **The pitch deck is really incomplete. I assume you have omitted many of the slides from your standard deck, but I don't understand why you do that.**
   - Most of our fundraising has been driven by detailed conversations, and this deck was used as follow up to highlight key points. We're happy to dive deeper if you have specific questions!
4. **You cite a 25% revenue increase over traditional forecasting solutions, but how does this compare with other high-tech / non-traditional forecasting solutions, such as Tesla's Opticaster? https://www.tesla.com/support/opticaster**
   - The 25% revenue increase we cite is a benchmark run by a third party which used us as an input into one of the Tesla type management systems.
5. **How do you plan to make money, or more precisely what is the value proposition to the customer? Predicting the price is one thing, but what does that allow the energy companies to do? Adjust Supply? Purchase fuel early? Adjust rates? Etc...?**
   - Price forecasting allows responsive assets to optimize when they operate. A hydro generation facility (dam hydro, pumped storage, etc) will have a finite amount of water to discharge per day. Asset managers must determine the points in time where electricity price is the highest so that they can maximize their value to the grid (and keep less clean, more expensive reserves offline). See https://inbalanceresearch.com/news/hydro for more detail

## Team
- Thomas Marge (Co-founder & CEO)
- Rajan Troll (Co-founder & CTO)
- Edwin Fennell (Co-founder & CIO)

## Recent posts
- Get to know Thomas & the inBalance story 🤩 (2021-04-30T18:14:27Z)

## Q&A
- Q: Hi, "out of the blue" I was made aware of a payout of the same amount invested originally due to an "M&A". Negative ROI and no heads up. Would appreciate a detailed explanation. Thank you.
- Q: Could you give an update on the M&A, please?
- Q: Dear Thomas, how. are you? Just noticed that I have InBalance Returns in my WeFunder Cash section dated Feb 10, 2023. There is no update anywhere, so I decided to ask here. What is it about? ). Now I see that Stem Inc. bought inBalance in January, 2023. Does this mean that the investment raised here has been returned?
- Q: What update? still raising for the past 9 months?
  - A: I've just posed a closing update!
- Q: So generating any revenue yet?
  - A: Not yet revenue positive - great success operating pilot programs so far!
- Q: Here’s kind of a “gut check” question, if it’s possible to accurately predict fluctuations in electricity prices, why hasn’t it been done yet? Various Quantitative Finance methods have existed for decades now, and the “ML boom” (in industry at least) has been going on since at least 2013-2015 from what I’ve seen. To be fair, there is always incremental progress in the research + application of these methods, just curious to hear the “why now”. Thanks.
  - A: Electricity markets are undergoing rapid transformation at the moment. Intermittent renewables are leading to more extreme price fluctuation, but as we saw in Texas even more frequent extreme climate events are impacting the reliability of our energy infrastructure. In response, we are positioned to manage the $5b/per year of grid-scale storage that is coming online - this summer alone Texas battery infrastructure is expected to increase from 200 MW to 1700 MW.
- Q: Just to clarify, the terms are a SAFE with a 15M cap, and no discount? If so, is there a reason why there's no discount? In the suboptimal case where a future raise happens below or at 15M, investors that joined earlier aren't rewarded for taking on more risk than the future investor
  - A: Thank you Amit! As one of the most successful companies in our batch, we have already closed $1,180,000.00 as of today from venture capital without a discount. I believe the driving market factor for this rate is that the average YC Series A so far this year has been at a $74m pre-money valuation (yes, just 12-18 months after seed!). It would be great to have you onboard!
- Q: I don't get it. the updates page says the round is supposed to close in May 2021. But I was notified by email that the round will close in 8 days? Is the founder responding to questions? I see people asking about this round couple of months ago but no reply from founder?
  - A: Apologies for the error regarding the close date, we did not find a way to close before our Form C stated date. We're glad to have you on board.
- Q: Is this still an open campaign?
  - A: Yes indeed!
- Q: When will this round close? It's been open for a while.
  - A: Update to come, we've been heads down building!
- Q: This has been in reserve mode with Wefunder for quite a while. Is it close to finishing review to go live for investing?
  - A: Hi Patrick, our legal team just finished reviewing Form C and gave us the go-ahead.
- Q: "15% of all responsive electricity generation in New England" = how many mega (or giga) watts? What % of total generating capacity (responsive plus nonresponsive) does this equal?
  - A: It is 1.1GW, total capacity is 31GW all of which we hope to impact within the next 10 years.
- Q: So which VC's have invested in your most recent round?
  - A: Our institutional investors include Modern Ventures and Climate Venture Capital. A detailed cap table will be disclosed before any investments are finalized.
- Q: Hi Thomas, I see there are early bird terms, but this wasn't there when I made a reservation earlier on in the "Friends and Family" phase. Do those terms apply to whoever has invested up until now ? (up to first 50k)
  - A: Yes you're in for the early bird terms! Apologies, we were still in the process of closing our venture backed round while we were in friends+family phase.
- Q: How do you plan to make money, or more precisely what is the value proposition to the customer? Predicting the price is one thing, but what does that allow the energy companies to do? Adjust Supply? Purchase fuel early? Adjust rates? Etc...?
  - A: Price forecasting allows responsive assets to optimize when they operate. A hydro generation facility (dam hydro, pumped storage, etc) will have a finite amount of water to discharge per day. Asset managers must determine the points in time where electricity price is the highest so that they can maximize their value to the grid (and keep less clean, more expensive reserves offline). See https://inbalanceresearch.com/news/hydro for more detail