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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
Energy, CleanTech, Clean Energy, Energy Efficiency, Smart Cities
2014
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.
Funding Rounds
18
1
0
$266.6M
Details
11
BlocPower has raised a total of $266.6M in funding over 11 rounds.
Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
---|---|---|---|---|
2017 | Seed | 250.0K | ||
2016 | Seed | 200.0K | ||
2014 | Seed | 600.0K | ||
2014 | Seed | 25.0K |
Investors
BlocPower is funded by 76 investors.
Investor Name | Lead Investor | Funding Round | Partners |
---|---|---|---|
Stonly Baptiste Blue | - | FUNDING ROUND - Stonly Baptiste Blue | 200.0K |
BlocPower | - | FUNDING ROUND - BlocPower | 200.0K |
Third Sphere | - | FUNDING ROUND - Third Sphere | 200.0K |
BlocPower | - | FUNDING ROUND - BlocPower | 200.0K |
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