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