Tech Company Financing Transactions

FirstFuel Software Funding Round

FirstFuel Software closed a $23 million Series C funding round on 4/8/2015. Investors included NextWorld Capital, Battery Ventures and E.ON SE.

Transaction Overview

Company Name
Announced On
4/8/2015
Transaction Type
Venture Equity
Amount
$23,000,000
Round
Series C
Investors

NextWorld Capital (Lead Investor) (Thomas Rikert)

Battery Ventures (Thomas Crotty)

E.ON SE (Urban Keussen)

Electranova Capital

Nth Power (Rodrigo Prudencio)

RockPort Capital (Todd Wilson)

Proceeds Purpose
The new round of funding will support the next phase of the company's aggressive growth strategy by increasing sales and marketing, furthering its footprint in Europe and expanding investment in its SaaS platform capabilities to meet the rapidly evolving needs of today's energy providers.

Company Information

Company Status
Private & Independent
Industry
Software
Mailing Address
420 Bedford St. 200
Lexington, MA 02420
USA
Email Address
Overview
FirstFuel's end-to-end, meter data analytics platform overcomes these long-standing barriers to deliver large-scale efficiency across commercial portfolios.
Profile
FirstFuel Software LinkedIn Company Profile
Social Media
FirstFuel Software Company Twitter Account
Company News
FirstFuel Software News
Facebook
FirstFuel Software on Facebook
YouTube
FirstFuel Software on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Swapnil Shah
  Swapnil Shah LinkedIn Profile  Swapnil Shah Twitter Account  Swapnil Shah News  Swapnil Shah on Facebook
Chief Financial Officer
John MacPhee
  John MacPhee LinkedIn Profile  John MacPhee Twitter Account  John MacPhee News  John MacPhee on Facebook
Vice President
Austin Whitman
  Austin Whitman LinkedIn Profile  Austin Whitman Twitter Account  Austin Whitman News  Austin Whitman on Facebook
VP - Customer Service
Ray Young
  Ray Young LinkedIn Profile  Ray Young Twitter Account  Ray Young News  Ray Young on Facebook
VP - Engineering
Raman Sud
  Raman Sud LinkedIn Profile  Raman Sud Twitter Account  Raman Sud News  Raman Sud on Facebook
VP - Marketing
Indran Ratnathicam
  Indran Ratnathicam LinkedIn Profile  Indran Ratnathicam Twitter Account  Indran Ratnathicam News  Indran Ratnathicam on Facebook
VP - Product Management
Janet Lee
  Janet Lee LinkedIn Profile  Janet Lee Twitter Account  Janet Lee News  Janet Lee on Facebook
VP - Sales
Scott McClintock
  Scott McClintock LinkedIn Profile  Scott McClintock Twitter Account  Scott McClintock News  Scott McClintock on Facebook


 

 

Browse more venture capital transactions:

Prev: 4/8/2015: LineStream Technologies venture capital transaction
Next: 4/8/2015: Akanda venture capital transaction

 

Share this article

 


About Our VC Transactions Data

Our team works diligently to document every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary