This Research Note examines Schneider Electric’s acquisition of WattBuy, announced in August 2025. We highlight the startup’s development and strategic rationale of the acquisition before exploring the overall strategy of Schneider Electric in the US residential energy management space. WattBuy Profile Founded in 2017, Bellevue Washington based WattBuy is a software platform that helps consumers and businesses make data-driven decisions around energy. Using proprietary data models and integrations, WattBuy personalizes electricity plans, rooftop solar quotes, and total energy cost projections to simplify and accelerate home and business electrification. Customers include Redfin, Veterans United Home Loans, and Opendoor, collectively reaching over 100 million consumers. In October 2021, SE Ventures, the venture capital fund backed by Schneider Electric led an additional investment of $10 million for WattBuy’s Series A round of funding, bringing its total Series A raise to $13.25 million. Total disclosed funding to date amounts to $16.6 million. Strategic Rationale of Acquisition By combining WattBuy’s […]
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