# Allumia

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/allumia

- Industry: Business Support Services
- Headquarters: Seattle, US
- Website: www.allumia.com
- Total disclosed funding: $0.7M
- Latest round: Series A (Jan 18, 2022)
- Investors on record: 3

## About

Based in Washington, US, and founded in 2013 by CEO Aaron Block, Allumia, Inc. designs, funds, installs, and maintains a lighting upgrade for industrial and commercial customers. In February 2022, Allumia, Inc raised USD 7.5 million in a Series A funding led by JW Asset Management, with participation from Duke Ventures and American Electric Power.

Allumia provides efficiency as a service engine, a digital platform that allows utilities to deliver and fund energy efficiency projects by offering software-based automation across the full project lifecycle, including document generation and management, project workflow management, solution design, revenue-grade metering, project performance monitoring, monthly billing on behalf of utilities, as well as maintenance support. The company also provides metering data that allows utilities to measure actual energy efficiency savings.

Allumia, Inc plans to use its proceeds from February 2022 funding to accelerate the development of its energy efficiency-as-a-service (EaaS) technology platform.

## Funding rounds

- Series A, Jan 18, 2022, $0.7M — American Electric Power, JW Asset Management, Duke Ventures

## Investors

- American Electric Power — Series A
- JW Asset Management (https://capitalatlas.ai/funds/jw-asset-management) — Series A
- Duke Ventures — Series A