Tech Company Financing Transactions

BlocPower Funding Round

Builders Vision, Credit Suisse and Gaingels participated in a $154 million funding round for BlocPower. The funding round was announced on 3/1/2023.

Transaction Overview

Company Name
Announced On
3/1/2023
Transaction Type
Venture Equity
Amount
$154,000,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to further develop its proprietary BlocMaps SaaS analytics platform, grow its financing and administrative capabilities, and broaden its Civilian Climate Corps green workforce initiative, focused on training and hiring at-risk individuals in vulnerable communities.

Company Information

Company Status
Private & Independent
Industry
Environmental
Mailing Address
63 Flushing Ave. Bldg 212 507
Brooklyn, NY 11205
Chile
Email Address
Overview
BlocPower uses data, thermodynamic models, structured finance, IoT and edge computing to make city buildings, greener, smarter and healthier. Property owners in many communities often spend as much as 30% of total income on energy costs, and in some cases don't have the capital or credit to access energy saving technologies.
Profile
BlocPower LinkedIn Company Profile
Social Media
BlocPower Company Twitter Account
Company News
BlocPower News
Facebook
BlocPower on Facebook
YouTube
BlocPower on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Donnel Baird
  Donnel Baird LinkedIn Profile  Donnel Baird Twitter Account  Donnel Baird News  Donnel Baird on Facebook
Chief Operating Officer
Grace Park-Bradbury
  Grace Park-Bradbury LinkedIn Profile  Grace Park-Bradbury Twitter Account  Grace Park-Bradbury News  Grace Park-Bradbury on Facebook
General Manager
Keith Kinch
  Keith Kinch LinkedIn Profile  Keith Kinch Twitter Account  Keith Kinch News  Keith Kinch on Facebook
VP - Engineering
Dash Abhishek
  Dash Abhishek LinkedIn Profile  Dash Abhishek Twitter Account  Dash Abhishek News  Dash Abhishek on Facebook
VP - Engineering
Doris Han
  Doris Han LinkedIn Profile  Doris Han Twitter Account  Doris Han News  Doris Han on Facebook
VP - Engineering
Cullen Kasunic
  Cullen Kasunic LinkedIn Profile  Cullen Kasunic Twitter Account  Cullen Kasunic News  Cullen Kasunic on Facebook
VP - Engineering
Dom Lempereur
  Dom Lempereur LinkedIn Profile  Dom Lempereur Twitter Account  Dom Lempereur News  Dom Lempereur on Facebook
VP - Product Management
Andrea Lee
  Andrea Lee LinkedIn Profile  Andrea Lee Twitter Account  Andrea Lee News  Andrea Lee on Facebook


 

 

Browse more venture capital transactions:

Prev: 3/1/2023: CARGO Therapeutics venture capital transaction
Next: 3/1/2023: Impossible venture capital transaction

 

Share this article

 


About Database of VC Transactions

We do our best to document every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary