What is T-REX?
T-REX operates an enterprise SaaS platform designed to streamline renewable energy finance. The platform provides essential tools for valuation, risk analysis, and structuring, thereby unlocking new investment opportunities within the sector. Headquartered in New York, New York, T-REX aims to make the complex world of renewable energy finance more accessible and efficient for investors and project developers alike. The company's technology is crucial for navigating the intricate financial landscape of sustainable energy projects.
How much funding has T-REX raised?
T-REX has raised a total of $25.6M across 5 funding rounds:
Series A
$1.2M
Debt
$1M
Series B
$10M
Other Financing Round
$13M
Debt
$350K
Series A (2013): $1.2M, investors not publicly disclosed
Debt (2015): $1M, investors not publicly disclosed
Series B (2016): $10M supported by Safeguard Scientifics, Partnership Fund for New York City, innogy, Clean Pacific Ventures, and Ecosystem Integrity Fund
Other Financing Round (2019): $13M featuring innogy, Westley Group, Viola Fintech, Macquarie Capital, and Citi
Debt (2020): $350K backed by PPP
Key Investors in T-REX
Safeguard Scientifics
Safeguard Scientifics is a venture capital firm that provides capital and expertise to technology-driven businesses, with a focus on healthcare, financial services, and digital media.
Partnership Fund for New York City
The Partnership for New York City is a nonprofit organization that mobilizes the private sector to address urban challenges and promote economic opportunity and innovation within the city.
innogy
Innogy is an energy company based in Germany, focused on renewable energy, networks, and retail businesses, operating as a subsidiary of E.ON.
What's next for T-REX?
With a substantial enterprise-level funding context, T-REX is poised for accelerated growth and market penetration. The company's focus on providing critical financial tools for renewable energy finance suggests a strategic expansion into new markets or the enhancement of its existing platform capabilities. Future developments are likely to center on broadening its client base, integrating advanced analytics, and potentially forging new partnerships to further solidify its position as a leader in fintech for sustainable energy investments. The company's trajectory indicates a strong commitment to driving innovation in green finance.
See full T-REX company page
