AI Prospecting for Budderfly

Budderfly acquired Sunverge Energy's distributed energy resource management system, enabling the creation of virtual power plants (VPPs) to aggregate energy resources, increase grid flexibility, and generate new revenue streams. The company plans to enroll thousands of customer sites in demand response programs over the next five years[1][4][5]. Budderfly also reported nearly $200 million in annual recurring revenue for 2024, driven by a 72% increase in energy under management across nearly 7,000 sites, and expanded into new verticals including healthcare, fitness, and water conservation[2].

Budderfly has more than doubled the number of energy savings solutions deployed since January 2024, reducing customers' energy consumption by 43% and avoiding 219.1 metric tons of carbon emissions. The company secured a $400 million debt facility to accelerate growth and was recognized as one of the fastest-growing energy companies in the U.S. for the fourth consecutive year. Budderfly also launched a trade school partnership program to address the HVAC industry's skilled labor shortage and expanded its workforce by 46%[1].

Budderfly has expanded its services to include water conservation technologies, adding almost 400 water accounts since June 2024. The company has also launched public sector pilot programs and is planning to enter the hospitality sector. Additionally, Budderfly has diversified into new verticals such as healthcare and fitness facilities[1][5].