Raptor Maps Secures $22 Million in Series B  

by Kay Aloha Villamor in April 15th, 2022

Raptor Maps, a Boston MA-based leading provider of solar lifecycle management software, announced it closed $22 million in Series B funding to supercharge its groundbreaking Raptor Solar software platform.

The round is led by Canadian private investment firm MacKinnon, Bennett & Co. (MKB), which specializes in accelerating innovation in energy, transportation, and climate tech. Other investors include the Microsoft Climate Innovation Fund, Blue Bear Capital, DNV, Buoyant Ventures, Congruent Ventures, Data Point Capital, and ENGIE New Ventures.

The funding will enable Raptor Maps to accelerate its hiring plans with significant investment in product, software, and data science. The company will rapidly advance its feature-rich product roadmap with more functionality related to workflow automation, work orders, investor reporting, and insights powered by machine learning.

Company: Raptor Maps, Inc.

Raised: $22.0M

Round: Series B

Funding Month: April 2022

Lead Investors: MacKinnon, Bennett & Co. (MKB)

Additional Investors: Microsoft Climate Innovation Fund, Blue Bear Capital, DNV, Buoyant Ventures, Congruent Ventures, Data Point Capital, and ENGIE New Ventures

Company Website: https://raptormaps.com/

Software Category: Solar Lifecycle Management Software

About the Company: Raptor Solar is an advanced software-as-a-service platform for the entire solar lifecycle — from financing and development through operations. Raptor Solar lets utility-scale and C&I solar companies standardize and analyze data, collaborate, optimize PV assets, reduce risk and ultimately lift financial return. The SaaS platform serves as an auditable system of a record featuring state-of-the-art digital twins of solar assets. An industry first, users can scan in module serial numbers to streamline warranty claims and verify supply chains. Subscribers benefit from inspection analytics, productivity tools, and the ability to quantify the financial loss and even benchmark portfolios against Raptor Maps’ global database. The software solves major growing pains across solar finance, development, and asset management. Raptor Maps offers advanced analytics, insights, and productivity software for the entire solar lifecycle. 

 


Source: https://www.businesswire.com/news/home/20220413005179/en/Solar-Lifecycle-Management-Software-Leader-Raptor-Maps-Raises-22-Million-to-Advance-Analytics-Insights


 



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