“Self-sufficiency and control within the home are top-of-mind for many homeowners with power outage concerns now compounded by coronavirus shelter-in-place orders,” said Span founder and CEO
Delivering much more than the passive current protection of the traditional electrical panels found in every home, the Span smart panel enables digital automation of home energy and more streamlined installations for clean energy upgrades. While the standard electrical panel has not seen major innovation for nearly a century, today’s homes are in need of new functionality to better manage modern connected devices, appliances, electronics, and energy upgrades such as solar panels, batteries, and EV charging systems.
Span’s smart panel provides monitoring and control for 32 circuits, all managed through a smartphone interface. When the power goes out, Span automatically islands the house and allows homeowners to select what parts of their homes they want to power, going far beyond existing solutions that are limited to covering just a few critical loads.
The Span panel is listed to UL standards that mirror this step-change in functionality: UL standard 67 for the regular electrical panel as well as UL 916 for energy management equipment and UL 869A for service equipment.
For installers performing solar and storage installations, the panel reduces labor by streamlining the total number of components. Early estimates indicate the installation time to be 50 percent faster than current solutions, resulting in fewer components required and a smaller, more streamlined overall installation.
Span’s new investors join a strong base of existing investors, including
Since launching the product in late 2019, the company has seen significant demand in the residential market from solar plus storage installers, homebuilders, energy companies, and homeowners. Funding will be used to meet this demand and scale Span’s panel to households across the
Managing Partner at ArcTern Ventures
“We see an incredible opportunity in the solar-plus-storage market, one that Span is extremely well-positioned to capitalize on. Span combines this opportunity with an exceptional team and a deep understanding of the market.”
“We have seen the tremendous impact new hardware technologies can have in transforming incumbent industries. I am excited to partner with Arch to deliver a much needed revolution to electrical infrastructure and the distributed energy market.”
Existing investors are aligned around a similar drive to help scale the growing solar and storage market.
“Span seamlessly integrates into the home and helps consumers get the most out of solar and storage,” says Straub. “It will play a central role as more homeowners seek clean energy, flexible backup power, greater resiliency, and easy control of their homes.”
In addition to the new investment round,
Span has established channel partnerships with solar and storage installers, as well as leading battery storage providers like LG Chem to commercialize the product. Span is focused initially on
Span is advancing the future of distributed clean energy with a smart panel that delivers an intuitive interface to the home. The Span panel replaces the standard electrical panel, providing transformative transparency and control over energy use and enabling customers to easily adopt solar, storage, electric vehicles, and other clean energy technologies. Span is backed by leading investors in the clean energy space, including
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