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Tenet Raises $30M+ To Grow Ev Financing Platform And Offer Free Smart Charging To All Customers

Nov 15, 2023almost 2 years ago

Amount Raised

$30 Million

New YorkFinancial Services

Investors

Global Founders CapitalFirstminute CapitalBreyer CapitalHuman CapitalSilicon Valley BankGiant VenturesAssurant VenturesNyca Partners

Description

Tenet Energy Inc. (“Tenet”), a climate fintech platform that helps consumers and businesses drive electric vehicles (EVs) for less, announced today that it has closed a funding round of over $30M, including over $10 million in Series A investment and a $20 million warehouse debt facility.

Company Information

Company

Tenet

Location

New York, United States

About

Tenet is building the financial platform of the energy transition. To accelerate a more sustainable future, we provide fast, affordable, and fully-digital financing for EVs by working with mission-aligned financial institutions and business partners.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech