Company Overview
A developer of an energy management platform aimed at streamlining the management of distributed energy resources. The platform leverages the Internet of Things (IoT) to monitor and control energy assets, manage power sources, and provide real-time energy consumption insights. This solution enables real estate developers, solar providers, and business owners to enhance energy efficiency, optimize power management, and reduce costs effectively.
Company History
Shyft Power Solutions was founded in 2016. Public founder information in the source set points to Ugwem Eneyo, Ugwem I. Eneyo, Cole Stites-Clayton. Its latest captured funding/news event in the source set was in 2024, recorded as M&A.
Key Facts
| Country | Nigeria |
| Founded | 2016 |
| Founders | Ugwem Eneyo, Ugwem I. Eneyo, Cole Stites-Clayton |
| Sector | Energy |
| Operational Status | Appears active |
| Latest Round | M&A, 2024 |
| Total Disclosed Funding | $3.1M |
| Website | http://www.shyftpower.com/ |
Business Model
Shyft Power Solutions appears to operate a product-led business model in the Energy sector. Based on public descriptions, it generates value through technology-enabled services, software, marketplace access, operations, or financial infrastructure.
Products and Services
- Clean-energy access
- Power infrastructure
- Energy financing
- Monitoring and operations tools
Funding and Market Position
Public deal records in the source set show 2 disclosed funding event(s), with about $3.1M captured in total. The most recent event is recorded as M&A, 2024.
Contact Information
The most reliable public contact channel in the source set is the official website: http://www.shyftpower.com/. Public phone numbers and public support emails were not consistently available at scale, so the website/contact form is the best public route.
Company Location
Operational Status
Latest public funding/news source in 2024 suggests the startup was operating at that time. Status recorded here is a best-effort assessment as of March 21, 2026.
Why This Startup Matters
As a Nigerian startup in the Energy space, Shyft Power Solutions matters because it addresses local market problems with a scalable digital product or operational model.
Sources
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