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Detroit’s Pearl Edison secures $3.3M in seed funding led by New System Ventures and Commonweal Ventures to support home efficiency upgrades.

PRIVATEAug 01, 2025

Amount Raised

$3.3 Million

Round Type

Seed

DetroitEnergySoftwareArtificial Intelligence

Investors

New System VenturesCommonweal Ventures

Description

Detroit-based Pearl Edison secured $3.3 million in a seed funding round led by New System Ventures and Commonweal Ventures. This funding will support the company’s mission to streamline home efficiency upgrades. Pearl Edison partners with utilities to simplify energy retrofit projects, generating revenue from installations. The recent funding is set to accelerate the company's expansion in climate technology.

Quick answer

Pearl Edison raised $3.3 Million in a Seed round, dated August 1, 2025. Investors: New System Ventures and Commonweal Ventures. Pearl Edison is based in Detroit, Michigan, United States.

How much did Pearl Edison raise?
Pearl Edison raised $3.3 Million in a Seed round on August 1, 2025.
Who invested in Pearl Edison?
New System Ventures and Commonweal Ventures are named as investors in this round.
What does Pearl Edison do?
Pearl Edison is a Detroit-based company focused on streamlining home efficiency upgrades by partnering with utilities.
Where is Pearl Edison based and how big is it?
Pearl Edison is based in Detroit, Michigan, United States.

Source: Fundz verified event record.

Who else raised in Energy and Software around the same time

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

  • TrueMeter raised $4M (Seed) on September 10, 2025.
  • Open Access Energy raised $1.8M (Seed) on June 25, 2025.
  • Open Access Energy raised $2.2M (Seed) on June 17, 2025.
  • Cierpa & Co. raised $6.8M (Series B) on September 15, 2025.
  • Spara raised $15M (Seed) on September 15, 2025.
  • Pascal AI raised $3.1M (Seed) on September 15, 2025.

Who to call at Pearl Edison, and when

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Company Information

Company

Pearl Edison

Location

Detroit, Michigan, United States

About

Pearl Edison is a Detroit-based company focused on streamlining home efficiency upgrades by partnering with utilities. They identify customers who would benefit from upgrades, build white-labeled websites for utilities, and manage enrollment campaigns for homeowners. Their platform uses diverse data sources to design jobs and provide guaranteed pricing, ultimately dispatching vetted contractors for installation. With a unique business model, Pearl Edison aims to enhance energy efficiency adoption and plans to expand its utility partnerships.

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Pearl Edison 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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