Switched Source

Power Grid
$12.6Mtotal raised · 2 rounds on record
$10Mlatest round · Venture round · May 2026 · 6 mo ago
1backers · Capital Innovators
8team · US Form 5500 (plan participants) · Dec 2024

Overview

Switched Source is providing power-electronics solutions to increase reliability, efficiency, and renewable energy hosting capacity, on legacy grid infrastructure and in distributed energy system applications.

Funding and backers

Total raised
$12.6M
2 rounds on record
Latest round
$10M
Venture round · May 2026 · 6 mo ago
Team
8
US Form 5500 (plan participants) · Dec 2024
Backers
1
Capital Innovators
The money's age
Fresh money
6 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
this month
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
May 4 Raised a round Venture round $10M · SEC Form D Jun 21, 2017 Raised a round Convertible Note $2.6M · SEC Form D
Tractionpublic signals, read monthly
Web presence
top 6%
of 133.2M domains by links, Common Crawl
Funding rounds
RoundDateAmountInvestorsSource
Venture round May 2026 $10M — SEC Form D
Convertible Note Jun 2017 $2.6M — SEC Form D
Registers and programsofficial lists and records that name the company
Legal entity Switched Source LLC SEC Form D
Founders and leadersfrom filings, registers and the company's site
Charles MurrayExecutive OfficerSEC Form D
Lane NelsonExecutive OfficerSEC Form D
Backed byfrom the funds' portfolios and accelerator catalogs
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Financials

Total raised
$12.6M
Latest round
Venture - Series Unknown
Funding rounds
2
Funding rounds
Round Announced Amount
Venture - Series Unknown 2026 $10M Details
Convertible Note 2017 $2.6M Details

People

Charles Murray
Executive Officer
Lane Nelson
Executive Officer
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data

Connections

List
Graph
Found in company registers, site code, DNS and hiring. Each connection shows how sure we are and the evidence, with its source and date.
Shared investors1
102 portfolio companies: CesiumAstro, Xona Space Systems, Youthfulsavings and 99 more

News

News Pulse 2.0 29 days ago
Switched Source Raises More Than $17 Million To Expand Grid Capacity Technology
Switched Source secured more than $17 million in funding to scale deployment of its Phase-EQ grid technology and expand manufacturing and production capacity. Cubit Capital led the round, with participation from ABB, Emerald Technology Ventures, Red Cedar
Read more
Report
Press release businesswire 10 months ago
Switched Source U.S. Installations Grew 60% in 2025
With electricity demand expected to grow 25% by 2030, utilities need a way to get more from existing infrastructure. Switched Source, a leading developer of ...
Read more
Report
News Forbes 8 years ago
Lane Nelson
Lane Nelson is on Forbes
Read more
Report

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Chicago United States
HQ
1-10 est. staff
4840 S Saint Louis Avenue, Chicago, IL 60632
company site