BlocPower
New York, NY
BlocPower uses data, thermodynamic models, structured finance, IoT and edge computing to make city buildings, greener, smarter and healthier. Property owners in many communities often spend as much as 30% of total income on energy costs, and in some cases don't have the capital or credit to access energy saving technologies. BlocPower connects online investors to solar and energy efficiency project micro-finance opportunities, and trains and hires local unemployed workers to install all BlocPower retrofits. BlocPower will bring energy efficiency to a new market segment at scale.
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Company Details
Founded
- 2014
Employees
- Between 50 - 200 employees
Raised
- $266,623,152
Headquarters Location
- New York, NY
Public
- No
Acquired
- No
Company Collections
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BlocPower's Investors
BlocPower's Industries
BlocPower's Tech Stack
BlocPower Headquarters Location
Total Amount Raised: $266,623,152
BlocPower's Investors
BlocPower Funding Rounds
Grant
$1,200,000
Grant
$1,200,000
Grant Investors
Massachusetts Clean Energy CenterDebt Financing
$130,000,000
Series B
$24,000,000
Debt Financing
$130,000,000
Debt Financing Investors
Goldman SachsSeries B
$24,000,000
Series B Investors
VoLo Earth VenturesMicrosoft Climate Innovation FundGaingelsTale Venture PartnersBuilders VisionKimbal MuskMCJKapor CapitalRussell WestbrookUnreasonableChristiana WylyNew York VenturesVan JonesPulse FundDebt Financing
$30,000,000
Debt Financing
$30,000,000
Debt Financing Investors
Microsoft Climate Innovation FundNew York VenturesGrant
$5,500,000
Grant
$5,500,000
Grant Investors
Bezos Earth FundDebt Financing
$55,000,000
Series A
$8,000,000
Debt Financing
$55,000,000
Debt Financing Investors
Goldman Sachs Urban Investment GroupSeries A
$8,000,000
Series A Investors
Accelr8American Family Insurance Institute for Corporate and Social ImpactGoldman Sachs Urban Investment GroupKapor CapitalThe Schmidt Family FoundationElemental ImpactSalesforce VenturesCityRock Venture Partners10X CapitalBossa InvestDiverse AngelsNew York VenturesSeries A
$11,848,153
Series A
$11,848,153
Series A Investors
Accelr8American Family Insurance Institute for Corporate and Social ImpactCityRock Venture PartnersElemental ImpactOperator CollectiveNext Wave ImpactSalesforce VenturesMitchell D Kapor TrustAAJ CapitalJP Entrepreneur Fund II LLCGoldman SachsCleo CapitalJason FranklinPre Seed
$250,000
Pre Seed
$250,000
Pre Seed
$200,000
Pre Seed
$200,000
Pre Seed Investors
The Schmidt Family FoundationThird SpherePre Seed
$600,000
Pre Seed
$600,000
Pre Seed Investors
Andreessen HorowitzKapor CapitalThird SpherePre Seed
$25,000
Pre Seed
$25,000
Pre Seed Investors
Eugene M. Lang Entrepreneurial Initiative Fund
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