About Perch Energy
Perch Energy is a company based in Boston (United States) founded in 2021.. Perch Energy has raised $36.2 million across 2 funding rounds from investors including Nuveen and Arborview Capital. Perch Energy offers products and services including Community Solar Subscription and Savings Calculator. Perch Energy operates in a competitive market with competitors including Particle, Landis+Gyr, Nexamp, PowerSecure and Span.IO, among others.
- Headquarter Boston, United States
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Sectors
Business ServicesEnergy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Perch Energy, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$36.2 M (USD)
in 2 rounds
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Latest Funding Round
$30 M (USD), Series B
Oct 11, 2023
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Investors
Nuveen
& 1 more
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Employee Count
Employee Count
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Products & Services of Perch Energy
Perch Energy offers a comprehensive portfolio of products and services, including Community Solar Subscription and Savings Calculator. 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.
Platform for subscribing to solar farms to lower electricity bills.
Tool to estimate savings from community solar programs online.
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Funding Insights of Perch Energy
Perch Energy has successfully raised a total of $36.2M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in October 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.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $30.0M
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First Round
First Round
(15 Mar 2022)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Series B - Perch Energy | Valuation | Nuveen |
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| Mar, 2022 | Amount | Series A - Perch Energy | Valuation | Arborview Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Perch Energy
Perch Energy has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Nuveen and Arborview Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investment firm
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Founded Year | Domain | Location | |
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Private equity firm focused on multiple sectors and fund of funds focused on debt investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Perch Energy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Perch Energy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Perch Energy Comparisons
Competitors of Perch Energy
Perch Energy 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 Particle, Landis+Gyr, Nexamp, PowerSecure and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Clean energy projects are analyzed, designed, financed, built, and maintained.
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| domain | founded_year | HQ Location |
Energy efficiency and smart grid management solutions
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Smart home products for security and energy efficiency are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Perch Energy
Frequently Asked Questions about Perch Energy
When was Perch Energy founded?
Perch Energy was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Perch Energy located?
Perch Energy is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Who is the current CEO of Perch Energy?
Bruce Stewart is the current CEO of Perch Energy.
Is Perch Energy a funded company?
Perch Energy is a funded company, having raised a total of $36.2M across 2 funding rounds to date. The company's 1st funding round was a Series A of $6.2M, raised on Mar 15, 2022.
What does Perch Energy do?
Perch Energy was founded in 2021 and is headquartered in Boston, United States. The company operates in the energy sector, focusing on residential applications. A platform is offered that enables users to track electric supply plans, analyze energy bills and usage patterns, and access related insights. Services are delivered through digital tools designed for household energy management.
Who are the top competitors of Perch Energy?
Perch Energy's top competitors include Particle, Landis+Gyr and Span.IO.
What products or services does Perch Energy offer?
Perch Energy offers Community Solar Subscription and Savings Calculator.
Who are Perch Energy's investors?
Perch Energy has 2 investors. Key investors include Nuveen, and Arborview Capital.
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