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David Energy Secures $20.5 Million Series A Financing To Scale Its Bundled Offering

PRIVATEMar 28, 2022

Amount Raised

$20.5 Million

Round Type

Series A

BrooklynInformation TechnologyEnergyFinancial ServicesSoftware

Description

David Energy, a software-enabled retail electricity provider, today announced the closing of a $20.5 million Series A round of funding, co-led by Keyframe Capital and Union Square Ventures’ designated climate fund. Keyframe Capital’s Ben Birnbaum will join the board and USV’s Rebecca Kaden will join as an observer. Additional investors in the round included existing seed investors Equal Ventures, Box Group, and MCJ Collective, alongside new investors Toba Capital, Turntide, James Dice, and others.

Quick answer

David Energy raised $20.5 Million in a Series A round, dated March 28, 2022. David Energy is based in Brooklyn, New York, United States.

How much did David Energy raise?
David Energy raised $20.5 Million in a Series A round on March 28, 2022.
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.

  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Dock raised an undisclosed amount (Funding Round) on May 12, 2022.
  • Token.io raised $40M (Funding Round) on May 12, 2022.
  • Cushion raised $12M (Series A) on May 12, 2022.
  • Altro raised $18M (Funding Round) on May 12, 2022.
  • Socket raised $4.6M (Seed) on May 11, 2022.

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.

  • An alert the day David Energy raises, hires an executive or expands, scored against what you sell
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  • Who you already know at David Energy, from your own LinkedIn network

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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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Fundz sees it the moment David Energy raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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

David Energy 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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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.