What is LevelTen Energy?
LevelTen Energy operates as a leading provider of transaction infrastructure for the renewable energy economy. Its platform offers automation software, data management, and standardized contracts designed to expedite and secure renewable energy transactions for buyers, sellers, advisors, and financiers. The company's CFO-Ready AnalyticsTM technology processes over a billion data points daily, delivering real-time risk and value insights at scale. LevelTen's core mission, shared with its partners, is to accelerate the clean energy transition.
How much funding has LevelTen Energy raised?
LevelTen Energy has raised a total of $128.1M across 5 funding rounds:
Debt
$815K
Series A
$6.8M
Series B
$20.5M
Series C
$35M
Series D
$65M
Debt (2017): $815K, investors not publicly disclosed
Series A (2017): $6.8M led by Wireframe Ventures, Element 8 Fund, Foundersu2019 Coop, and Prelude Ventures
Series B (2019): $20.5M supported by Founders' Co-op, Element 8 Fund, Wireframe Ventures, Techstars Ventures, and Prelude Ventures
Series C (2021): $35M featuring Constellation Technology Ventures, Avista Development, NGP Energy Technology Partners, Equinor Ventures, and My Climate Journey Collective
Series D (2024): $65M backed by Google, B Capital Group, Intercontinental Exchange, NGP Capital, and Aster Private
Key Investors in LevelTen Energy
Google, a subsidiary of Alphabet Inc., aims to organize the world's information and make it universally accessible and useful, playing a significant role in daily life through its various products and platforms.
B Capital Group
B Capital is a venture capital firm focused on empowering entrepreneurs by investing in early and late-stage companies within Technology, Healthcare, and Climate sectors, supporting founders throughout the company-building lifecycle.
Intercontinental Exchange
Intercontinental Exchange Inc. is a company operating in the Lending & Brokerage industry, headquartered in the United States.
What's next for LevelTen Energy?
The substantial enterprise-level funding, particularly the recent strategic investment, positions LevelTen Energy for accelerated growth and market expansion. This capital infusion is likely to fuel further development of its transaction infrastructure, enhance its analytical capabilities, and broaden its reach within the renewable energy sector. The company's focus on facilitating faster, safer transactions and providing critical data insights suggests a strategic push to solidify its market leadership and drive greater adoption of clean energy solutions.
See full LevelTen Energy company page