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Climate Fintech Company Evergrow Nabs $7M Seed From Xyz Capital, Congruent Capital And Firstround

Nov 10, 2021almost 4 years ago

Amount Raised

$7 Million

Round Type

seed

Description

Evergrow, a stealth climate fintech startup, just landed over $7 million in seed funding.

Company Information

Company

Evergrow

About

; securing an offtake contract is difficult when a company is young. A VC’s expectation on ROI often clashes with industry standards. Evergrow has a handful of notable individuals investing in the startup — Bridgewater Associates Sustainability investor Karen Karniol-Tambour, Plaid CEO Zach Perret and Instacart co-founder Max Mullen, among others. Evergrow will start in California and expand to the U.S. with hopes of international expansion depending on the climate project type.