Allumia Closes Series A2 Financing To Advance Energy Efficiency-As-A-Service Technology Platform
02/08/22, 2:37 PM
Location
Round Type
series a
Allumia today announced it has raised $7.5 million in Series A2 round financing, led by existing investor JW Asset Management with participation from American Electric Power (AEP) and Duke Investments LLC. The purpose of this financing is to accelerate development of Allumia’s Energy Efficiency-as-a-Service (EaaS) technology platform for large-scale deployment of energy efficiency solutions for utilities’ mass-market commercial and industrial (C&I) customers.
Company Info
Location
seattle, washington, united states
Additional Info
Allumia is a market leader in the delivery of Energy Efficiency-as-a-Service to the commercial sector, with a software and IoT platform that optimizes and automates the process of financing, developing, metering, and maintaining projects. Allumia provides services directly to commercial and industrial customers nationwide as well as through utility partnerships.
https://www.allumia.com