Tech Company Financing Transactions
Pearl Edison Funding Round
Pearl Edison, operating out of Detroit, raised $3.3 million in funding from Commonweal Ventures, Lightbank and New System Ventures.
Transaction Overview
Company Name
Announced On
8/1/2025
Transaction Type
Venture Equity
Amount
$3,300,000
Round
Seed
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2050 15th Street
Detroit, MI 48216
USA
Detroit, MI 48216
USA
Phone
Website
Email Address
Overview
Our goal is to accelerate beneficial electrification - projects with kitchen-table benefits like comfort or savings, in addition to climate benefits. Pearl Edison builds software to accelerate the adoption of home electrification and energy-efficiency projects. We aim to make it easier for homeowners to buy these systems and more profitable for contractors to install them.
Management Team
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We do our best to report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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