Inc. Magazine 09.2019

(Amelia) #1

Greener


Pastures


The founders of Polaris


Energy Services built their


business by doing one


thing and doing it well:


agricultural energy


management. “This is


all we do,” says CEO and


co-founder Nic Stover.


“And that’s enabled us to


stay profitable since the


beginning.” California’s


dominance in the


agricultural industry, its


near-constant drought


conditions, and fluctuat-


ing energy prices have


created a perfect niche


for the Polaris pump


automation controller.


It’s a small device resem-


bling a loaf of bread that


attaches to an irrigation


pump and allows farmers


to remotely turn the pump


on and off depending on


energy prices at any given


time —data that Polaris


monitors and pipes to its


clients. This is especially


useful on some of the


biggest farms Polaris


serves, where pumps can


be as far as 18 miles apart.
—TIM CRINO


Three-year growth 2,047.2%


2018 revenue $2.2M


San Luis Obispo, California


Founded in 2014


Nic Stover and
Mike Hardy


POLARIS ENERGY


SERVICES


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