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David Energy Systems has filed a notice of an exempt offering of securities to raise $25,000,000.00 in New Equity Investment.

David Energy Systems has filed a notice of an exempt offering of securities to raise $25,000,000.00 in New Equity Investment.

May 22, 2024 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, David Energy Systems is raising up to $25,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, James Mcginniss played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About David Energy Systems
David Energy is a new kind of retail electricity provider. Energy is complicated. Thats where we come in. Were a new kind of retail electricity supplier vertically integrated and powered by technology. We bring electricity supply and demand response together to keep things simple and to save you money on your bill. At David Energy, we believe its possible to build a cleaner, cheaper, more resilient electricity grid while giving control to customers. We are all about the possibility of and, not the limitations of or. Leveraging the power of software, we enable you to lower your energy bills and reduce the frequency of power outages and shrink your carbon footprint and have more control over how you power your home or business. Stop limiting yourself to or and consider the possibility of and with David Energy. Our intelligent software platform seamlessly integrates with all of your smart devices and responds automatically to real-time changes in energy markets while taking into account your personal preferences and other system constraints. You reap the benefits of lower monthly energy bills, access to data and insights on your usage, savings, and emissions, and a high performing operating system unifying your smart devices all of this paired with a modern billing experience.

To learn more about David Energy Systems, visit http://www.davidenergy.com/

Contact:
James Mcginniss, Chief Executive Officer
917-633-9464
https://www.linkedin.com/in/james-mcginniss-20b315101/

SOURCE: http://www.intelligence360.io
Copyright (c) 2024 SI360 Inc. All rights reserved.


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