Tech Company Financing Transactions
ConnectDER Funding Round
ConnectDER secured a $27 million Series C financing round on 5/25/2023. Investors included Energy Innovation Capital, Avista Development and Clean Energy Ventures.
Transaction Overview
Company Name
Announced On
5/25/2023
Transaction Type
Venture Equity
Amount
$27,000,000
Round
Series C
Investors
Proceeds Purpose
The company intends to use the funds to scale up its existing solar adapter into new markets, launch a new EV product line and develop a next-generation product suite for multi-asset electrification and integration.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2001 Jefferson Davis Hwy. 403
Arlington, VI 22202
USA
Arlington, VI 22202
USA
Phone
Website
Email Address
Overview
At ConnectDER we craft technology and business solutions for the distributed generation industry. Our flagship product provides plug-and-play grid integration for distributed energy resources (DERs) like solar photovoltaic systems, energy storage systems, and electric vehicles.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Whit Fulton
Vice President
Jon Knauer
Vice President
John Schroeder
VP - Engineering
Cate Christiaanse
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Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records on this site are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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