What is kWh Analytics?
kWh Analytics stands as the preeminent market leader in solar risk management. The company distinguishes itself by operating the most extensive performance database for solar projects across the United States, representing approximately 20% of the national market. By integrating this data with the robust capabilities of global insurance markets, kWh Analytics empowers its clients to effectively mitigate risks and optimize equity returns for their solar projects and portfolios. Furthermore, the company offers its HelioStats risk management software, a critical tool for leading project finance investors within the solar industry, solidifying its role in de-risking solar investments.
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
Lacuna Sustainable Investments is an investment firm focused on providing capital for renewable energy projects. They aim to de-risk opportunities and serve as a bridge to long-term capital, investing with dual goals of generating returns and supporting operators.
Anthemis Group
Anthemis Group is a venture capital firm that cultivates change in financial services by investing in and growing businesses. They are known for their focus on fintech and insurtech sectors.
What's next for kWh Analytics?
The recent major strategic investment signifies a pivotal moment for kWh Analytics, likely enabling accelerated expansion of its HelioStats platform and further development of its solar risk management solutions. This capital infusion is expected to bolster its market leadership by enhancing its data analytics capabilities and expanding its reach within the global solar finance ecosystem. The company's strategic focus will likely involve deepening partnerships with financial institutions and project developers, leveraging its unique data assets to drive greater efficiency and security in solar project investments.
See full kWh Analytics company page
