What is kWh Analytics?
kWh Analytics operates at the intersection of fintech and renewable energy, serving as the market leader in solar risk management. The company maintains the most comprehensive performance database of solar projects in the United States, covering approximately 20% of the domestic market. By synthesizing this data with global insurance underwriting capabilities, kWh Analytics enables project finance investors to minimize operational risk and maximize financial performance. Their flagship software, HelioStats, provides institutional-grade analytics that have become essential for project developers and financiers looking to secure long-term capital and improve the bankability of their renewable energy assets.
How much funding has kWh Analytics raised?
kWh Analytics has raised a total of $26.5M across 4 funding rounds:
Debt
$555K
Series A
$5.6M
Debt
$350K
Series B
$20M
Debt (2014): $555K, investors not publicly disclosed
Series A (2016): $5.6M led by Anthemis Group
Debt (2020): $350K supported by PPP
Series B (2022): $20M featuring Lacuna Sustainable Investments
Key Investors in kWh Analytics
Lacuna Sustainable Investments
A Marin County-based firm focused on providing capital to renewable energy projects and portfolios, specializing in de-risking opportunities to bridge the gap toward long-term institutional ownership.
Anthemis Group
A London-based venture firm that cultivates change in financial services by investing in and scaling businesses that modernize the global financial ecosystem.
PPP
Public-Private Partnership
What's next for kWh Analytics?
With the successful closure of this major enterprise-level funding, kWh Analytics is well-positioned to accelerate its product roadmap and expand its footprint in the global insurance and project finance markets. The strategic focus will likely center on enhancing the predictive capabilities of the HelioStats platform, allowing for more granular risk assessment as the solar industry faces increasing pressure to optimize performance in a volatile energy market. Furthermore, the firm is expected to leverage its deep data moat to explore new insurance products that could further lower the cost of capital for solar developers, effectively cementing its status as the indispensable risk management layer for the transition to sustainable energy infrastructure.
See full kWh Analytics company page
