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Intelligent Power

Intelligent power provides Cloud based energy management and control that saves supermarkets 10% on energy bills, increasing profits 15%.

  • Stage Full Product Ready
  • Industry Clean Technology
  • Location Wilsonville, OR, USA
  • Currency USD
  • Founded November 2010
  • Employees 5
  • Website intpwr.com

Company Summary

There are over 250k supermarkets worldwide that spend $20k/mo. on energy. We save them 10%, increasing their operating profits by 15%. Our proprietary hardware and software system monitors and reduces energy consumption in real time, installs in less than two hours, and is adaptable to any existing system. The system also reduces product losses due to equipment failure. We have 8 patents filed, and have completed a successful beta test.

Team

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    Ed Davis
    CEO

    Ed Davis is founder and CEO of Intelligent Power, Inc. Mr. Davis is a serial Entrepreneur across multiple industries. As Chief Architect at Intel he led teams pioneering low power computing, manageability and control systems. Ed was founder or co-founder of several divisions of Intel.

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    Robert Parker
    CTO and founder

    Robert is a founder and CTO of Intelligent Power, Inc. Mr. Parker is a serial innovator across multiple industries. He developed the massive "video over internet" that did Intel's Superbowl commercial at InterVu. Akamai acquired InterVu for $2.7 Billion. Mr Parker brings a wealth of knowledge in Cloud based computing and a deep knowledge of signal processing algorithms and control systems.

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    Richard (Dick) King
    Chairman, board of directors

    Mr. King brings world class supermarket knowledge and acumen as he was president of Albertson's for 13 years. He grew Albertsons to $16 Billion/yr then it was acquired by SuperValu.

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    Bill Blair
    CFO

    Bill was CFO of Haggen Inc then he founded Pacific Food Connection, (Two West Coast regional supermarket chains with over $1.0 Billion annual revenues).

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    Ali R. Sarabi
    member of the board of directors

    Ali R. Sarabi is a 30-year Intel veteran with extensive experience in building and leading advanced R&D organization and incubating break-through innovation. Prior to his recent role at Intel, Ali was CEO of Oresis Communication between 1999-2003 where he grew the company from its early seed funding stage to full product deployment. Ali has extensive background in strategic investments and been a board observer on multiple Intel investments.

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    Chuck Alger
    V. P. Engineering Operations

    Chuck was Director of Manufacturing and Engineering in Intel's User-centered Products and Solutions Division and Operations expert at Intel for 20+ years. Chuck was a Supervisor at Fairchild Microprocessor prior to Intel.

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    Norm Myhr
    member of the board of directors

    Norm was Senior Vice President of Sales and Marketing at Fred Meyer/Kroger for 30+ years.

Advisors

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    Ernie Bootsma, AterWynne
    Lawyer
    Unconfirmed