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kWantera

We find and get our customers the best price they can get for electricity and natural gas.

  • Stage $1M in TTM Revenue
  • Industry Industrial/Energy
  • Location Pittsburgh, PA, USA
  • Currency USD
  • Founded March 2006
  • Employees 12
  • Website kwantera.com

Company Summary

We get the best price on electricity and natural gas for anyone purchasing or selling in any deregulated market in the US or EU. Our customers purchase some of the energy in wholesale spot and forward markets everyday and they need to know exactly the what price to bid, when to bid and how much to bid for every hour of every day whether they are buying or selling energy. Out cloud-based predictive analytics provides that everyday.

Team

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    Mark DeSantis
    CEO

    He was CEO of Apangea Learning (renamed Think Through Math), an online tutoring company and Managing Director of ANGLE Technology, PLC. Mark has co-founded a number of technology businesses and serves a director to several others. Mark holds a BA, MBA, MS, & PhD.

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    Abhishek Sharma
    VP of Energy Services

    He has worked on a variety of R&D projects for the US DOD. He also held positions with Daimler-Chrysler Research in Germany, INRIA in France, and CalTech. Abhi received a Bachelor of Technology in Electronics and Communication Engineering from the Indian Institute of Technology, and an MS in Robotics from Carnegie Mellon University.

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    Ken Durrett
    CFO

    Ken was President and VP Finance for a $90M division of World Kitchen, a consumer products company. Other positions include serving as Chief Financial Officer of American Outpost, a $100M specialty retailer, and of ServiStar, a $1.8B hardlines lumber and building materials wholesale distributor/franchisor. He is a CPA and holds a BS in accounting.

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    Robert Hanvey
    VP of Sales

    Robert finds and connects the right companies to kWantera, helping them optimize their energy procurement to get the best prices for the energy they purchase. As VP of Sales, he oversees prospecting and consultative service delivery for customers in the C&I, energy retail, trading and generation sectors. Robert joins kWantera after ten years in the energy sector providing smart grid and demand response solutions to commercial, industrial, and uti

Advisors

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    John Previs, Buchannan Ingersoll
    Lawyer
    Unconfirmed
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    F. Jeffrey Kovacs, CPA, Alpern Rosenthal
    Accountant
    Unconfirmed

Previous Investors

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    Innovation Works, Pittsburgh, PA
    Unconfirmed
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    AGSM Partners, Harrisburg, PA
    Unconfirmed
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    Mountwest Investors, Pittsburgh, PA
    Unconfirmed