What is Ekotrope?
Founded in 2011 and headquartered in Boston, Massachusetts, Ekotrope provides a suite of cloud-based tools designed for energy professionals, builders, evaluators, and utility administrators. The platform facilitates real-time collaboration, aiming to reduce errors and conserve resources throughout the energy modeling process. Ekotrope's solutions are instrumental in influencing design decisions, streamlining workflow, increasing participation in utility programs, and simplifying overall program management, positioning it as a key player in the energy efficiency technology sector.
How much funding has Ekotrope raised?
Ekotrope has raised a total of $14.7M across 4 funding rounds:
Unspecified
$1.7M
Private Equity
$1.4M
Private Equity
$617K
Private Equity
$11M
Unspecified (2013): $1.7M with participation from Massachusetts Clean Energy Center
Private Equity (2014): $1.4M, investors not publicly disclosed
Private Equity (2016): $617K, investors not publicly disclosed
Private Equity (2025): $11M, investors not publicly disclosed
Key Investors in Ekotrope
Massachusetts Clean Energy Center
The Massachusetts Clean Energy Center is a publicly-funded agency dedicated to accelerating the success of clean energy technologies, companies, and projects. Based in Boston, Massachusetts, they focus on fostering innovation and growth within the clean energy sector.
What's next for Ekotrope?
The substantial enterprise-level funding Ekotrope has garnered, particularly the recent strategic investment, signals a strong confidence in its business model and future growth potential. This capital infusion is expected to fuel further development of its collaborative cloud-based tools, enhance its market penetration, and potentially expand its service offerings to address evolving demands in energy efficiency and management. The company is well-positioned to leverage this financial backing to solidify its leadership in the energy technology space.
See full Ekotrope company page
