BlocPower

BlocPower

Invest in smarter, greener and healthier buildings for all ⚡️

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Categories
Technology, Sustainability, Financial Services, Social Impact
Min Investment
$200
Location
BROOKLYN, MA
Expected Close Date
March 31, 2024
Target Raise
$50.00K-$1.00M
No. Investors
49
Security Price
$1
Website
blocpower.io
Number of Employees
2
Cash
$351,984
Revenue
$259,644
Short Term Debt
$394,205
Cost of Goods
$415,723
Long Term Debt
$3,001,179
Net Income
$-250,248

Key Deal Facts

🥇 Leader in tackling the multi-trillion-dollar opportunity to decarbonize U.S. buildings
👉 Selected by the City of Ithaca, NY & Menlo Park, CA and many other to decarbonize
💰100M+ raised from investors like Kapor Capital, Goldman Sachs, Bezos Earth Fund, and Microsoft
🏠 Create clean energy jobs, particularly in disadvantaged communities
🤲🏽 Diverse, dedicated and experienced 70+ person team led company to 1500% top line growth in 2021

Management Team / Advisory Board Bios

Donnel A. Baird Founder and CEODonnel currently sits on the Board of the Sierra Club Foundation as well as the Small Business Advisory Board of the New York Federal Reserve Bank and the Entrepreneurship Board of Columbia Business School., Keith L. Kinch General ManagerPrior to joining BlocPower, Keith managed the largest solarize programs in New York, persuading over 200 low-income households in New York City's poorest neighborhood to finance and install solar PV on their homes., Jon Moeller COOPreviously Jon was CEO and board member at MACH Energy, a sustainability SaaS leader for commercial buildings, with nearly half a billion square feet using the system. MACH was acquired by a PE-backed strategic buyer., Grace Park-Bradbury GM, California Grace leads BlocPower's efforts in California, helping BlocPower collaborate on Menlo Park, East Bay Community Energy and other pioneering electrification programs, Glenn Schatz Chief Revenue OfficerBuilding efficiency startup founder and US DOE Buildings Technology Office alum. Naval Academy grad, former nuclear submariner, and experienced VC-backed executive., Dom Lempereur Chief of Engineering,Dom Lemperuer leads the BlocPower engineering department. Over 25 years, Dom has developed, performed, and managed energy assessments for 6,000 buildings, totaling over 200 million square feet., Cullen Kasunic Head of Project Finance Cullen is the lead in the establishment, operation and expansion of company project finance capacity, including overseeing the formation and operation of the financing subsidiaries., Bradley Tran Co-Head of Product ManagementBradley Tran is the co-head of product management at BlocPower. Previously Bradley held senior building tech roles at Carbon Lighthouse, Sidewalk Labs and Accenture, Dave Brubacher Finance Associate at BlocPowerDave Brubacher is a finance associate at BlocPower, where he supports corporate and project financing initiatives. Dave's background in the clean energy industry includes working as a analyst for Marathon Capital, a clean energy investment bank, Alex Apter Director of MarketingAlex Apter is a 15 year marketing and business operations veteran focused at BlocPower on conveying the benefits of electrification to building owners., Valerie Shoates, Ebonie Nichols SVP of Finance
Amount Raised : $85,900
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