BlocPower

BlocPower

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Contact Information

Overview

BlocPower is an energy technology startup that develops healthier, greener, and smarter buildings.

It leverages advanced technologies, innovative electrification equipment, and structured finance to provide green heating and cooling to urban buildings. The company also connects government agencies, utilities, building owners, and smart equipment providers to identify unhealthy, energy-wasting buildings to retrofit. Its proprietary machine learning platform then determines which retrofits will produce the most energy savings at scale and uses the cloud and IoT to gather data and remotely monitor energy consumption. Since its founding, BlocPower has completed energy projects in nearly 1,000 buildings and delivered results ahead of schedule and under budget. It utilizes its proprietary software for analysis, leasing, project management, and monitoring of urban clean energy projects, and its customers are saving 20–40% on their energy bills each year. The company is backed by top investors, including Kapor Capital, Andreessen Horowitz, the American Family Insurance Institute for Corporate and Social Impact, AccelR8, the Goldman Sachs Urban Investment Group, Elemental Excelerator, CityRock Venture Partners, the Schmidt Family Foundation, and Salesforce Ventures.

Donnel Baird and Morris Cox co-founded the company in Brooklyn, New York in 2014.

About

Industries

Energy, CleanTech, Clean Energy, Energy Efficiency, Smart Cities

Founded

2014

Employees

51-100

Headquarters locations

New York, United States, North America

Social

N/A

Profile Resume

BlocPower headquartered in New York, United States, North America, operates in the Energy, CleanTech, Clean Energy, Energy Efficiency, Smart Cities sector. The company focuses on Energy and has secured $96.0B in funding across 360 round(s). With a team of 51-100 employees, BlocPower is actively contributing to advancements in Energy. Their latest funding round, Pre Seed Round - BlocPower, raised $25.0K. Discover more about their projects, partnerships, and impact on our platform.

Employees

imagePlace Glenn Schatz

Glenn Schatz

Chief Revenue Officer

imagePlace Keith Kinch

Keith Kinch

General Manager and Co-Founder

imagePlace Grace Park-Bradbury

Grace Park-Bradbury

GM-West, Strategic Initiatives

imagePlace Dom Lempereur

Dom Lempereur

Head of Engineering

imagePlace Jon Moeller

Jon Moeller

COO

Funding Rounds

Funding rounds

18

Investors

1

Lead Investors

0

Total Funding Amount

$266.6M

Details

11

BlocPower has raised a total of $266.6M in funding over 11 rounds.

Announcement dateTransaction nameNumber of InvestorsMoney raisedLead Investor
2017Seed250.0K
2016Seed200.0K
2014Seed600.0K
2014Seed25.0K

Investors

BlocPower is funded by 76 investors.

Investor NameLead InvestorFunding RoundPartners
Stonly Baptiste Blue-FUNDING ROUND - Stonly Baptiste Blue200.0K
BlocPower-FUNDING ROUND - BlocPower200.0K
Third Sphere-FUNDING ROUND - Third Sphere200.0K
BlocPower-FUNDING ROUND - BlocPower200.0K

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