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1865

Evan Caron

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Evan Caron
CEO & Co-Founder of
ElectronX (2022)
About

Evan Caron is Co-Founder and Board Member at ElectronX, the first U.S.-regulated direct-access electricity derivatives exchange, and Co-Founder and CIO at Montauk Climate, a venture studio building companies at the forefront of the energy transition.

Before founding

Evan is a serial founder, power trader, and investor with over 20 years in the energy sector, including a decade as a power trader in ERCOT and a role as Head of Venture Investing at Riverstone Holdings, a $40B+ energy investment and infrastructure firm.

Founder Insights

Evan's firsthand experience navigating the pain points of existing power trading workflows in Texas's unregulated ERCOT market directly inspired the creation of ElectronX to modernize electricity risk management infrastructure.

Experience

Beyond ElectronX, Evan co-founded Daylight Energy, HGP Storage, and Montauk Climate, and previously served as Co-Head of North American Power at TrailStone, with board roles at RPower and advisory positions at ClearTrace and Amperon.

Scale & Impact

ElectronX has raised over $61.5M across seed and Series A rounds, earned full CFTC regulatory approval as both a Designated Contract Market and Designated Clearing Organization, and is backed by leading investors including DCVC, Innovation Endeavors, Equinor Ventures, and Shell Ventures.

1865

Evan Caron

ElectronX
Co-Founder
Logo
Evan Caron

Company(s)

ElectronX

Industry

Fintech

Year Founded

2022

Stage/Funding

Series A • $61.5M

Company Location

us

Connect

About

Evan Caron is Co-Founder and Board Member at ElectronX, the first U.S.-regulated direct-access electricity derivatives exchange, and Co-Founder and CIO at Montauk Climate, a venture studio building companies at the forefront of the energy transition.

Before founding

Evan is a serial founder, power trader, and investor with over 20 years in the energy sector, including a decade as a power trader in ERCOT and a role as Head of Venture Investing at Riverstone Holdings, a $40B+ energy investment and infrastructure firm.

Founder Insights

Evan's firsthand experience navigating the pain points of existing power trading workflows in Texas's unregulated ERCOT market directly inspired the creation of ElectronX to modernize electricity risk management infrastructure.

Experience

Beyond ElectronX, Evan co-founded Daylight Energy, HGP Storage, and Montauk Climate, and previously served as Co-Head of North American Power at TrailStone, with board roles at RPower and advisory positions at ClearTrace and Amperon.

Scale & Impact

ElectronX has raised over $61.5M across seed and Series A rounds, earned full CFTC regulatory approval as both a Designated Contract Market and Designated Clearing Organization, and is backed by leading investors including DCVC, Innovation Endeavors, Equinor Ventures, and Shell Ventures.

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