Greenbacker

New York, United States Founded: 2011 • Age: 15 yrs
Sustainable renewable energy infrastructure is invested in and managed.
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About Greenbacker

Greenbacker is a company based in New York (United States) founded in 2011.. Greenbacker has completed 1 acquisition, including Sunlight Financial. Greenbacker offers products and services including GREC, GREC II, and GDEV.

  • Headquarter New York, United States
  • Sectors
    Financial Services
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Greenbacker Renewable Energy Corporation
Operational Areas
Financial Services → Private Capital & Alternative Investments
Financial Services → Sustainable & Impact Finance
Energy & Utilities → Renewable & Clean Energy
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $150 M (USD), Debt – Conventional

    Nov 29, 2022

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Greenbacker

Greenbacker offers a comprehensive portfolio of products and services, including GREC, GREC II, and GDEV. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Fund for investing in solar and wind projects

Second fund focused on energy assets and repowering

Fund for opportunities in renewable project development

People of Greenbacker
Headcount 50-200
Employee Profiles 51
Board Members and Advisors 3
Employee Profiles
People
Beth Madore
VP, Corporate Accounting
People
Jeff Denovan
SVP, Construction
People
Charles Wheeler
CEO & Board Member
People
David Sher
CEO of GCM, Executive Committee

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Board Members and Advisors
people
Robert Brennan
Board Co-chair
people
Ron Iervolino
Board Co-chair
people
Anand Gajjar
Board Member

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Funding Insights of Greenbacker

  • Total Funding
  • Total Rounds 4
  • Last Round Debt – Conventional — $150.0M
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2022 Amount Debt – Conventional - Greenbacker Valuation

investors

Apr, 2021 Amount Seed - Greenbacker Valuation Access Ventures
Aug, 2014 Amount Private Equity Round - Greenbacker Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Greenbacker

Greenbacker has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Access Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Access Ventures is focused on impact investing for societal change.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Greenbacker

Greenbacker has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Sunlight Financial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Loans for residential solar systems are financed for homeowners.
1988
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Greenbacker

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Greenbacker Comparisons

Employees
+
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Competitors of Greenbacker

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Greenbacker

Frequently Asked Questions about Greenbacker

When was Greenbacker founded?

Greenbacker was founded in 2011 and raised its 1st funding round 1 year after it was founded.

Where is Greenbacker located?

Greenbacker is headquartered in New York, United States. It is registered at New York, New York, United States.

What does Greenbacker do?

Greenbacker was founded in 2011 and is based in New York, United States. Investments are directed toward sustainable infrastructure in the renewable energy sector. Income-generating renewable energy companies are acquired and managed through separate entities for varied investment and development strategies. A long-term capital appreciation approach is utilized to produce risk-adjusted returns.

What products or services does Greenbacker offer?

Greenbacker offers GREC, GREC II, and GDEV.

How many acquisitions has Greenbacker made?

Greenbacker has made 1 acquisition, including Sunlight Financial.

Who are Greenbacker's investors?

Greenbacker has 1 investor. Key investors include Access Ventures.

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