Enervee Raises $35 Million in Series B  

by Kay Aloha Villamor in April 26th, 2022

Enervee, a Los Angeles, CA-based pioneer and leading provider of marketplaces for energy-efficient products, announced that it has received a total of $35 million from Kerogen Capital and J.P. Morgan in conjunction with its Series B financing round. 

The funding supports continued growth in Enervee’s e-commerce and data platform offerings and the further build-out of its world-class team to strengthen Enervee’s leadership position in energy efficiency and decarbonization.

Company: Enervee Corporation

Raised: $35.0M

Round: Series B

Funding Month: April 2022

Lead Investors: Kerogen Capital and J.P. Morgan

Additional Investors: 

Company Website: https://www.enervee.com/

Software Category: Commerce platform

About the Company: Enervee is a climate tech company that combines data science, behavioral science, and digital marketing to drive better energy-related buying decisions across dozens of consumer product categories. Enervee Commerce platform, featuring Choice Engine technology and Eco Financing, eliminates longstanding market, cognitive/psychological, and financial barriers that prevent consumers from following through on their ambition to buy energy-using products that save energy and money and contribute to a clean energy future.

Source: https://www.enervee.com/newsroom/kerogen-capital-along-with-senior-lender-j-p-morgan-leads-35m-financing-in-enervee-to-accelerate-decarbonization


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