What is Redaptive?
Founded in 2015 and headquartered in Denver, CO, Redaptive operates as an Energy-as-a-Service provider. The company specializes in funding and installing energy-saving and energy-generating equipment for sophisticated organizations. Redaptive's proprietary Data-as-a-Service metering platform provides real-time data, allowing customers to overcome capital and contractual barriers to energy efficiency. This approach enables rapid deployment of energy-saving initiatives, supporting clients in meeting their sustainability targets and reducing their environmental impact.
How much funding has Redaptive raised?
Redaptive has raised a total of $812M across 7 funding rounds:
Series B
$20M
Debt
$1M
Series C
$150M
Private Equity
$200M
Other Financing Round
$125M
Private Equity
$100M
Other Financing Round
$216M
Series B (2018): $20M with participation from GXP Investments, Linse Capital, CBRE, and ENGIE New Ventures
Debt (2020): $1M led by PPP
Series C (2020): $150M supported by CarVal Investors, CBRE, EV Private Equity, Engie New Ventures, and Linse Capital
Private Equity (2022): $200M featuring CPP Investments
Other Financing Round (2023): $125M backed by Deutsche Bank
Private Equity (2024): $100M with participation from CPP Investments
Other Financing Round (2025): $216M, investors not publicly disclosed
Key Investors in Redaptive
CPP Investments
CPP Investments, the investment arm of Canada's Pension Plan, is a professional investment management organization focused on holding securities of companies. Its participation in Redaptive's funding round highlights a strategic interest in sustainable infrastructure and energy solutions.
CBRE
CBRE, a global leader in commercial real estate services and investment, likely sees Redaptive's solutions as complementary to its own offerings, enhancing the sustainability and operational efficiency of client properties.
ENGIE New Ventures
ENGIE New Ventures, the corporate venture arm of ENGIE Group, actively invests in cleantech and technology startups driving the energy transition. Their involvement underscores Redaptive's alignment with innovative solutions for decarbonizing the energy sector.
What's next for Redaptive?
The substantial enterprise-level and strategic investments signal Redaptive's strong market position and growth potential in the cleantech and sustainability sectors. With its innovative Energy-as-a-Service model and data-driven platform, Redaptive is well-positioned to capitalize on the increasing demand for energy efficiency solutions and corporate sustainability initiatives. Future growth is likely to involve expanding its service offerings, further developing its technology platform, and forging new strategic partnerships to address a broader range of client needs in decarbonization and energy management.
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