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David Energy, A New Kind of Energy Company, Announces $1.5 Million in New Funding

PRIVATEMar 04, 2020

Amount Raised

$1 Million

Round Type

Seed

BrooklynInformation TechnologyEnergyFinancial ServicesSoftware

Description

David Energy, a new kind of energy provider, today announced the close of its $1.5 million Pre-Seed round co-led by Box Group and Greycroft. Great Oaks, Oceans, and a group of strategic angel investors including Zach Weinberg, Nat Turner, and Kiran Bhatraju also joined the round. David Energy has developed a proprietary software platform that utilizes machine-learning to act as the Energy Operating System for buildings and modernize how customers purchase energy. Used by commercial and industrial owners and operators, the company's platform was developed to streamline wholesale energy purchasing, report sustainability metrics and optimize Distributed Energy Resources such as smart thermostats, battery storage, and solar according to a building's unique needs.

Quick answer

David Energy raised $1 Million in a Seed round, dated March 4, 2020. David Energy is based in Brooklyn, New York, United States.

How much did David Energy raise?
David Energy raised $1 Million in a Seed round on March 4, 2020.
What does David Energy do?
David Energy is an energy company that leverages advanced technology to transform the way electricity is consumed, managed, and distributed.
Where is David Energy based and how big is it?
David Energy is based in Brooklyn, New York, United States.
Who are the decision-makers at David Energy?
Fundz holds 1 contact at David Energy, including the Director. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Energy and Financial Services around the same time

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

  • Beeline Holdings raised $1M (Seed) on April 16, 2020.
  • Everee raised $10M (Series A) on April 16, 2020.
  • Parallel Markets raised $4.3M (Seed) on April 10, 2020.
  • Torpago raised $219K on March 12, 2020.
  • Validere raised $15M (Series A) on March 12, 2020.
  • SpotOn raised $50M (Series B) on March 11, 2020.

Who to call at David Energy, and when

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

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Company Information

Company

David Energy

Location

Brooklyn, New York, United States

About

David Energy is an energy company that leverages advanced technology to transform the way electricity is consumed, managed, and distributed.

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Related People

1 contact
Verified contactsBrett L., Director hidden hiddenSee plans and pricing
Predictive Intelligence
Strategic

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

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