Switched Source
Switched Source, founded in 2016 in Chicago by Charles Murray and Lane Nelson, builds power-electronics grid automation devices for utilities.
Position in SVTRnew
Snapshot 2026-10-15- Startup SignalsRankedof 2,187
- Climate & SustainabilityRankedof 71
- AutomationRankedof 172
About
Switched Source, founded in 2016 in Chicago by Charles Murray and Lane Nelson, builds power-electronics grid automation devices for utilities. Its Phase-EQ dynamically balances three-phase load on distribution circuits and its Tie Controller enables bidirectional power flow control, unlocking 10-25% more capacity on existing lines without new infrastructure. Phase-EQ has logged over 150,000 operating hours across 12 utility service territories.
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Founders / core team
Investors
Funding history
- 2026-10-13$17M
Investors · Cubit Capital、ABB、Emerald Technology Ventures、Red Cedar Ventures、Southern States、Southwire Company
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