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
How much has Switched Source raised?
$3.0Macross 2 recorded rounds · Jun 2017 – May 2026

Most recently, Switched Source raised $10.0M in its Early Stage VC (May 2026).

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Switched Source round by round

2 rounds
May 2026Early Stage VC$10.0MSEC filing▮
4 investors participated
Jun 2017Seed Round$2.6MSEC filing▮
13 investors participated

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.

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24 investors have backed Switched Source.

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Frequently asked about Switched Source

How much has Switched Source raised?
Switched Source has raised $3.0M in total across 2 recorded funding rounds.
When was Switched Source's last funding round?
Switched Source's most recent recorded round was Early Stage VC in May 2026, raising $10.0M.