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Climate-Technology Company Colossus Announces $36 Million Series-A Round, Taking Total Funding To $41 Million

PRIVATEJan 18, 2022

Amount Raised

$36 Million

Round Type

Series A

BostonEnergySustainabilityNatural ResourcesSoftware

Description

Colossus announced today a $36 million Series A funding round, led by investors BuildGroup and including participation from Capital Creek, RTP Global, CEAS, & Poplar Ventures. This capital raise will bring total funding for the solar software start up to $41 million, including $5 million in seed funding from 2020.

Quick answer

Colossus raised $36 Million in a Series A round, dated January 18, 2022. Colossus is based in Boston, Massachusetts, United States.

How much did Colossus raise?
Colossus raised $36 Million in a Series A round on January 18, 2022.
What does Colossus do?
Colossus is an enterprise software and service company focused on accelerating the clean-energy movement.
Where is Colossus based and how big is it?
Colossus is based in Boston, Massachusetts, United States.

Source: Fundz verified event record.

Who else raised in Energy and Sustainability around the same time

Companies in the same sectors as Colossus that raised within 45 days of this round, from Fundz verified event records.

  • Aurora Solar raised $200M on March 2, 2022.
  • Aurora Solar raised $200M (Series D) on February 28, 2022.
  • Uplight raised $102M on December 13, 2021.
  • Erthos raised $18M (Series B) on March 1, 2022.
  • Palmetto raised $375M (Funding Round) on February 24, 2022.
  • Diversified Energy raised an undisclosed amount (Funding Round) on February 24, 2022.

Who to call at Colossus, and when

A new round usually means Colossus is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Colossus raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Colossus, from your own LinkedIn network

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Company Information

Company

Colossus

Location

Boston, Massachusetts, United States

About

Colossus is an enterprise software and service company focused on accelerating the clean-energy movement. Founded by industry leaders, Colossus aims to reimagine the fragmented and rapidly evolving solar marketplace through a unique portfolio of technologies, services, and partnerships that work together to streamline the deployment of clean energy. Colossus helps solar companies across the nation reach more customers and lower their soft costsby leveraging proprietary data and technology. Colossus's innovative solar software and marketplace helps companies of all sizes integrate, optimize, and digitize their workflows to foster business growth and the adoption of clean energy at scale. SOURCE Colossus

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Colossus raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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