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Power Factors
Power Factors builds Unity, a renewable energy management suite for solar, wind, and storage fleets. Founded 2013, PE-backed by Vista, EIP, and Quantum.
Power Factors
Founded in San Francisco in 2013, Power Factors began as a renewable energy software developer before consolidating the sector through acquisition. The company acquired Ekhosoft in 2016, Arista Renewable Energies in 2018, Greenbyte in April 2021, and 3megawatt in May 2021, followed by Inaccess in June 2022 (per the firm). These deals aggregated monitoring, control, and asset management capabilities into a single platform called Unity. Unity covers three product tiers: Monitoring & Control (SCADA, power plant controller, energy management system), Technical Asset Management (asset performance management, advanced insights, field service management), and Commercial Asset Management (asset oversight, invoice management). The software targets renewable energy owners and operators managing utility-scale solar, wind, and battery storage fleets. Customers span North America, Europe, and Asia. In January 2026 the firm launched REMI, an AI assistant embedded within Unity for predictive maintenance and operational optimization. Confirmed investors include Vista Equity Partners, Energy Impact Partners, and Quantum Energy Partners, who together acquired a majority stake in August 2021 (per the firm). The company is led by a CEO, Chief Strategy Officer, Chief Product and Technology Officer, Chief Delivery Officer, Chief Customer Officer, and Chief Financial Officer. Team size and total offices beyond Costa Mesa are not publicly disclosed. PE ownership provides capital for further M&A but the firm does not manage external LP capital. In May 2026 Power Factors announced the acquisition of Uplight's energy management division, adding distributed energy resource capabilities (per the firm). Power Factors operates as a pure-play software vendor, not a fund or holding company. Its structural differentiator is the depth of its vertical integration: it owns the hardware-software stack from sensor to cloud, enabling a unified data model across SCADA, plant control, and commercial analytics. No other renewables software vendor nationally claims this degree of platform consolidation.
General information
Firm type
other
Year founded
2013
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Costa Mesa
Corporate office
Costa Mesa, CA, United States
Sector focus
Frequently asked questions
Who owns Power Factors?
Power Factors is majority-owned by a consortium of three private equity firms: Vista Equity Partners, Energy Impact Partners, and Quantum Energy Partners. They acquired the company in August 2021 (per the firm). The founding management team retained stakes and continues to operate the business.
Does Power Factors manage third-party capital?
No. Power Factors is an operating software company, not an investment vehicle. It does not raise funds, take LP commitments, or deploy capital on behalf of external investors. Its revenue comes from software licensing and services.
What products does Unity include?
Unity bundles three suites: Monitoring & Control (SCADA, power plant controller, energy management system), Technical Asset Management (asset performance management, advanced insights, field service management), and Commercial Asset Management (asset oversight, invoice management). The platform also includes REMI, an AI assistant launched in January 2026.
How does Power Factors source deal flow for acquisitions?
Power Factors has acquired five companies since 2016: Ekhosoft, Arista Renewable Energies, Greenbyte, 3megawatt, and Inaccess. The 2026 acquisition of Uplight's energy management division suggests a continued buy-and-build strategy. Deal sourcing is managed internally via corporate development.
Which geographies does Power Factors serve?
Customers are located in North America, Europe, and Asia. The firm's headquarters moved to Costa Mesa, CA sometime after its 2013 founding in San Francisco. No other office locations are publicly listed.
Who leads Power Factors?
The executive team includes a Chief Executive Officer, Chief Strategy Officer, Chief Legal Officer, Chief Product and Technology Officer, Chief Delivery Officer, Chief Customer Officer, and Chief Financial Officer. Full names are not disclosed on the firm's public website.
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