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Switched Source

Chicago, IL · Founded 2016 · Privately Held (backing)

Developer of a power flow control technology designed to update and fortify electric distribution systems and match rapid advancements in energy generation. Switched Source is based in Chicago, IL and was founded in 2016. Its last reported valuation was $1.3 million in Jul 2017. It has raised $3 million across 2 recorded rounds; the latest was a $10 million early-stage round in May 2026.

Last reported valuation
$1.3M
Oct 2026
Priced at
—
Total raised
$3.0M
Last round
Early Stage VC
May 2026

Switched Source key facts

as of Oct 2026
  • Developer of a power flow control technology designed to update and fortify electric distribution systems and match rapid advancements in energy generation.
  • Switched Source is valued at approximately $1.3M as of Oct 2026 (last reported valuation).
  • It has raised $3.0M across 2 recorded rounds; the latest was Early Stage VC ($10.0M) in May 2026.
  • Notable investors include U.S. Department of Energy, Third Derivative, For ClimateTech, Arpa-E, Wisconsin Economic Development — 24 tracked in total.
  • Switched Source has filed 1 Form D with the SEC, most recently Nov 2025 ($2.6M sold to 13 investors).
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$1.3M

Switched Source's last reported valuation, Jul 2017. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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Switched Source funding rounds

2 rounds
May 2026Early Stage VC$10.0MSEC filing▮
Jun 2017Seed Round$2.6MSEC filing▮
Full funding history →

Switched Source valuation

Switched Source's last reported valuation was $1.3 million in Jul 2017. No priced round, secondary trade or fund mark has surfaced since.

How much has Switched Source raised?

Switched Source has raised $3 million across 2 recorded rounds since 2017. The largest was a $10 million early-stage round in May 2026.

Switched Source has filed 1 Form D with the SEC, most recently in Nov 2025 ($2.6 million sold to 13 investors).

Switched Source investors

24 investors are on record for Switched Source, including U.S. Department of Energy, Third Derivative, For ClimateTech and Arpa-E. The early-stage round in May 2026 drew 4 investors.

About Switched Source

Developer of a power flow control technology designed to update and fortify electric distribution systems and match rapid advancements in energy generation. The company's technologies allow distribution utilities to network their radial infrastructures by facilitating a transition to a smart, reliable, and efficient power grid, enabling businesses to find an alternative to coal-based electric power sources that reduce the frequency and duration of power outages.

Sector
Business Products and Services (B2B)
HQ
Chicago, IL, United States
Founded
2016
Employees
10
Ownership
Privately Held (backing)

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