Call us: 1.405.235.2305
info@i2E.org
  • Events
  • News
  • Resources
  • Media
  • Love’s Cup
i2Ei2Ei2Ei2E
  • About
  • Entrepreneurship
    • Venture Advisory Services
    • Love’s Entrepreneur’s Cup
  • e3
  • Concept Fund
  • iMCI
  • Portfolio
  • ACT Tulsa
  • Contact

i2E Inc. and the George Kaiser Family Foundation co-lead a $4 million investment in Tulsa-based THG Energy Solutions

    Home News i2E Inc. and the George Kaiser Family Foundation co-lead a $4 million investment in Tulsa-based THG Energy Solutions
    NextPrevious

    i2E Inc. and the George Kaiser Family Foundation co-lead a $4 million investment in Tulsa-based THG Energy Solutions

    By sarah | News | 0 comment | 21 May, 2019 | 1

    May 21, 2019

     Contact: Sarah Seagraves,
    Senior VP for Marketing
    (405) 813-2403
    sseagraves@i2E.org 

    THG Energy Solutions, LLC, is an innovative software-as-a-service energy data and technology provider

    OKLAHOMA CITY — i2E, Inc. and the George Kaiser Family Foundation recently co-led a $4 million Series A investment round in THG Energy Solutions, LLC, a Tulsa and Austin-based provider of energy management and demand response technology serving multi-facility clients throughout North America.

    The investment round included $1 million from the i2E-managed Oklahoma Seed Capital Fund, along with $500,000 each from the Oklahoma Angel Fund and the Accelerate Oklahoma investment fund, both of which are managed by i2E. The George Kaiser Family Foundation invested $2 million in the seed round.

    “We are excited to work with two great partners, i2E and the George Kaiser Family Foundation,” said Dan Frey, President of THG Energy Solutions. “The investment will fund acceleration of commercial growth as we scale up efforts with industry partners. We are also continuing to expand and improve upon our data and technology platform and services.”

    Founded in 2003 and acquired by current management in 2011, THG Energy developed and markets the Energy Intelligence Suite platform that collects electricity, gas, water and waste data for more than 50,000 commercial accounts in all 50 states, providing best practice benchmarking and analytics.

    As a complementary product, THG Energy’s Automated Demand Response controller and platform, provides market leading integration with utilities and grid operators for real time events and prices.

    “We combine real-time markets with automated load response and integration of a wide variety of assets and strategies,” Frey said. “We also provide measurement and verification of performance and savings.”

    The Oklahoma Seed Capital Fund is a state-appropriated investment fund managed by i2E through the Oklahoma Center for the Advancement of Science and Technology (OCAST).

    The Oklahoma Angel Fund is a pooled fund of individual angel investors, managed by i2E, which offers another source of potential investment for Oklahoma entrepreneurs.

     

    About THG Energy Solutions, LLC

    Founded in 2003, THG provides energy management tools and services to facilities across North America. Through its web-based Energy Intelligence Suite, energy and utility data is collected and centralized into actionable reporting structures; useful for multi-facility organizations and institutions. THG also enables advanced energy management strategies through its Automated Demand Response hardware and software solution. Based in Tulsa and Austin, Texas, THG Energy Solutions employs 20 professionals in its Oklahoma location and another 10 in Austin. www.thgenergy.com

     

    About i2E, Inc.

    With offices in Oklahoma City and Tulsa, OK, i2E’s nationally recognized services include business expertise and funding for Oklahoma’s emerging small businesses. i2E has more than $62 million of investment capital under management. www.i2E.org

     

    About the George Kaiser Family Foundation
    GKFF is a philanthropic organization focused on initiatives that work to reverse the generational cycle of poverty, especially for young children and their families, by eliminating health disparities and working to increase access to quality health care for low-income families and underserved communities. The foundation has a $3.75B investment portfolio which is globally diversified.

     

     

     

     

     

     

     

     

    George Kaiser Family Foundation, Oklahoma Angel Fund, Oklahoma Seed Capital Fund, THG Energy Solutions

    Related Post

    • Linear Health Sciences Announces U.S. FDA Clearance and Health Canada Approval of its Orchid Safety Release Valve (SRV)

      By sarah | Comments are Closed

      Device Intended to Reduce Risk of IV Catheter Failure and Replacement in Hospitals; Sister Product Orchid SRV-Type D for Drainage to Launch Simultaneously OKLAHOMA CITY, Okla. – May 17, 2022 – Medical device company LinearRead more

    • Student teams from OSU, TU and East Central claim Love’s Cup top awards

      By sarah | Comments are Closed

      May 3, 2022 Contact: Sarah Seagraves, Senior VP for Marketing (405) 813-2403 or email sseagraves@i2E.org Teams led by student innovators from Oklahoma State University, the University of Tulsa and East Central University claimed first placeRead more

    • A final column and a thank you for reading

      By sarah | Comments are Closed

      Thank you for reading this column for nearly a decade By Scott Meacham This is my final column for The Oklahoman. As CEO of i2E, I have had the wonderful opportunity since January 2013 to write thisRead more

    • A significant impact on new ventures? That’s i2E’s e3 program

      By sarah | Comments are Closed

      Accelerators like i2E’s e3 can have a significant impact on new ventures By Scott Meacham When the team from Zen Health Technologies formally introduces their company, they describe a business that uses immersive technologies for personalRead more

    • Autigen Announces Collaboration with Boehringer Ingelheim

      By sarah | 0 comment

      Novel Treatments for Hearing Loss Collaboration and licensing agreement to advance novel therapies for sensorineural hearing loss (SNHL), where there are currently no approved pharmacological therapies. OKLAHOMA CITY–(BUSINESS WIRE)– Autigen, a biotechnology portfolio company of theRead more

    Leave a Comment

    You must be logged in to post a comment.

    NextPrevious
    i2E-300dpi-Trans-Light
    • Events
    • News
    • Resources
    • Media
    • Love’s Cup

    Oklahoma City Office

    840 Research Parkway, Suite 250
    OKC, OK 73104
    PHONE 405/235-2305
    Click HERE for printable map with directions.

    Tulsa Office

    100 S. Cincinnati Ave – 5th Floor, Suite 514
    Tulsa, OK 74103
    PHONE 918/582-5592
    Copyright 2022 i2E, Inc. | All Rights Reserved
    • About
    • Entrepreneurship
      • Venture Advisory Services
      • Love’s Entrepreneur’s Cup
      • ACT Tulsa
    • e3
    • Concept Fund
    • Portfolio
    • iMCI
    • ACT Tulsa
    • Contact
    i2E