About BlocPower
BlocPower is a company based in New York (United States) founded in 2012. BlocPower has raised $74.62 million across 15 funding rounds from investors including Microsoft, Google and Goldman Sachs. BlocPower offers products and services including Construction Management and Inclusive Financing. BlocPower operates in a competitive market with competitors including Sparkfund, Willdan, PowerSecure, Redaptive and WindESCo, among others.
- Headquarter New York, United States
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Sectors
Energy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
$259.64 K (USD)1792as on Dec 31, 2023
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Net Profit
-$250.25 K (USD)-571as on Dec 31, 2023
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EBITDA
Not available
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Total Equity Funding
$74.62 M (USD)
in 15 rounds
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Latest Funding Round
$1.2 M (USD), Grant
Aug 31, 2023
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Investors
Microsoft
& 31 more
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Employee Count
Not available
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Products & Services of BlocPower
BlocPower offers a comprehensive portfolio of products and services, including Construction Management and Inclusive Financing.
Expert management for energy-efficient building upgrades and decarbonization efforts
Financing options to support sustainable building transformations and community benefits
People of BlocPower
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Funding Insights of BlocPower
BlocPower has successfully raised a total of $74.62M across 15 strategic funding rounds. The most recent funding activity was a Grant round of $1.2 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in BlocPower
BlocPower has secured backing from 32 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Microsoft, Google and Goldman Sachs.
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Accelerator & incubator focused on clean energy firms
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Investment banking services are delivered across multiple financial sectors.
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Early-stage funding and leadership are provided for climate tech companies.
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Investor details for BlocPower
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Investments & Acquisitions by BlocPower
Investment portfolio details for BlocPower
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Financial Statements - BlocPower
Detailed financials for BlocPower
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Blocpower Comparisons
Peer comparison for BlocPower
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Competitors of BlocPower
BlocPower operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sparkfund, Willdan, PowerSecure, Redaptive and WindESCo, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Subscription-based energy solutions are provided for commercial and industrial sectors.
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Project management solutions are provided for the energy sector.
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Energy efficiency and smart grid management solutions
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Fully-funded energy efficiency and sustainability solutions are delivered end-to-end.
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IoT-enabled sensors for wind turbine efficiency are provided.
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Detailed competitors of BlocPower
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Latest news on Blocpower
Complete news archive for BlocPower
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Frequently Asked Questions about BlocPower
BlocPower was founded in 2012 and raised its 1st funding round 1 year after it was founded.
BlocPower is headquartered in New York, United States. It is registered at New York, New York, United States.
BlocPower is a funded company, having raised a total of $74.62M across 15 funding rounds to date.
Annual revenue of BlocPower is $259.64K as on Dec 31, 2023.
BlocPower was founded in 2012 and is headquartered in New York, United States. Operations focus on the energy efficiency sector, where a crowd-sourcing platform is provided to facilitate marketing, financing, and installation of retrofits for small buildings. Energy audits are conducted for each property to identify suitable high-efficiency technologies aimed at reducing energy consumption. Project management services support these initiatives across targeted geographies.
BlocPower's top competitors include PowerSecure, Sparkfund and Redaptive.
BlocPower offers Construction Management and Inclusive Financing.
BlocPower has 32 investors. Key investors include Microsoft, Google, Goldman Sachs, Credit Suisse, and DOE.