Tech Company Financing Transactions
Sunstone Credit Funding Round
Sunstone Credit, based in Baltimore,, scored $20 million in funding from Greenbacker Group, Cross River and Earthshot Ventures.
Transaction Overview
Company Name
Announced On
1/31/2023
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Greenbacker Group (Lead Investor)
Grotech Ventures (Lawson DeVries)
Proceeds Purpose
The company intends to use the funds to hire new talent and enhance its technology platform.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
2800 Quarry Lake Dr 340
Baltimore,, MD 21209
USA
Baltimore,, MD 21209
USA
Phone
Website
Email Address
Overview
Sunstone Credit is on a mission to democratize access to solar for small and medium sized businesses (SMBs). Sitting at the intersection of climate, finance and technology, Sunstone has built a best-in-class technology platform and partnered with leading financial institutions and a national network of solar developers to provide SMB borrowers access to simple, affordable and easy-to-understand solar loan products with flexible terms and a streamlined application process.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Sumbul Alvi
Co-Founder
Mike D'Andrade
Co-Founder
Jenny Fu
Co-Founder
Duncan Hinkle
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