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Most Innovative Companies

Drift Marketplace

The World's Most Innovative Companies 2018

Using machine learning, high-frequency trading, and blockchain technology, this startup utility brings its first customers electricity that can be 20% cheaper than it was on their old power bills--with the option to get it from renewable sources. The system cuts out traditional middlemen in the system that aggregate energy assets and write contracts with utilities; instead, it works directly with electricity producers. The company can work with smaller producers than a typical utility, including aggregated rooftop solar systems. Drift launched first with consumers in New York City but quickly realized that larger companies and city managers could use the same tools to get clean energy at a better price. It will soon expand to other locations.

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2018: Energy
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headquarters: Seattle, WA
Drift Marketplace On The Web
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