Peter L. Corsell is an entrepreneur and investor known for successfully bringing emerging technologies to market. MIT’s Technology Review recognized him as one of the world’s top innovators under age 35, the World Economic Forum named him a Young Global Leader, and the National Association of Corporate Directors included him on its inaugural list of leading directors under 40.
Corsell is Managing Partner of Twenty First Century Utilities, an investment firm dedicated to acquiring and transforming regulated electric utilities. He is responsible for implementing the firm’s investment thesis of generating excellent long-term returns, while identifying and implementing smart grid and distributed clean energy technologies within the traditional regulated utility model.
Corsell is also Chairman of GridPoint, which he founded in 2003 and led as CEO until 2010. GridPoint developed an innovative smart grid platform to facilitate increased adoption of distributed energy technologies by aligning the interests of electric utilities, consumers and the environment. GridPoint has evolved into an established cleantech leader and Internet of Things pioneer, enabling businesses, utilities and government agencies to maximize energy savings, operational efficiency and environmental sustainability. The company has deployed more than 500,000 connected devices and has saved its customers almost $400 million and 5 billion kilowatt-hours of energy.
In 2011, Corsell cofounded Hubub, a digital platform used by individuals, publishers and brands for exploring, discussing and debating topics of interest. In partnership with Bell Media, Canada’s largest multimedia company, Hubub developed a significant following in Canada, where it was featured in a 2015 Super Bowl commercial. In 2016, Hubub was acquired by The Stagwell Group, the digital marketing services conglomerate founded by Mark Penn, and was renamed Stagwell Tech. Corsell is currently Senior Advisor to The Stagwell Group.
Corsell has been a board member and investor in several technology companies, with a focus on big data analytics and enterprise software. He has been interviewed on Charlie Rose and featured in several books including Hot, Flat, and Crowded by Tom Friedman, Perfect Power by Robert Galvin and Kurt Yeager, Earth: The Sequel by Fred Krupp and The Clean Tech Revolution by Ron Pernick and Clint Wilder.
Earlier in his career, Corsell served in the Central Intelligence Agency and with the U.S. Department of State in Havana, Cuba. He holds a BSFS degree from the Edmund A. Walsh School of Foreign Service at Georgetown University.