The investment round was led by Spero Ventures with participation from cybersecurity pioneer Christopher Klaus. Additional energy industry investors include former CEO of GE Power Steve Bolze and Helioscope Founder Paul Grana. As part of this investment, Marc Tarpenning, co-founder of Tesla and Venture Partner at Spero Ventures, and Michael Chanin, the founder of Cherry Street Energy, have joined Wattch's board of directors.

Wattch enables observability, intelligence, and control for renewable energy systems of all types and sizes. As an emerging leader in Grid Edge platforms, the company serves customers in the solar, battery storage, and hydroelectric spaces, with wide-ranging potential applications. Wattch aims to provide transparency and interoperability for every device in the world that produces, stores, or consumes energy.