# Bridge to Renewables

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bridge-to-renewables

- Industry: Automobiles, Other Vehicles & Parts
- Headquarters: Columbia, US
- Website: www.btr.energy
- Total disclosed funding: $45M
- Latest round: Series A (Nov 15, 2021)
- Investors on record: 5

## About

Bridge to Renewables, Inc. specializes in advanced data solutions for the electric vehicle charging sector, providing platforms that integrate critical data to enhance EV charging efficiency.Founded in 2015 in Columbia, US, Bridge to Renewables, Inc. focuses on delivering data-driven solutions for the electric vehicle sector. The firm has undergone no reported pivots since its inception. Michael L. is the founder of the company, while Jack Barrow serves as the CEO. In November 2021, Bridge to Renewables, Inc. raised USD 45.38 million in a Series A funding round, co-led by BP Ventures and CDPQ, along with participation from Clean Energy Fuels Corporation, Innovatus Capital Partners, and SineWave Ventures. This funding round was the only one reported, bringing the total amount raised to USD 45.38 million.BTR offers advanced data solutions specifically designed for the electric vehicle (EV) charging sector. Their core product offerings include the Bridge and Elematics platforms, which integrate telematics with grid, regulatory, and driver data to enhance the value of electric vehicle charging. These platforms provide end users—such as EV manufacturers, fleet operators, and renewable energy generators—with tools for participating in clean fuel programs and optimizing charging schedules. The Bridge platform automates registration and reporting to regulators, while Elematics enables OEMs to offer optimized charging solutions that reward drivers based on their charging behaviors. BTR’s services are applicable in various geographical markets, including California, Washington, and other regions involved in low-carbon and renewable fuel initiatives.BTR generates revenue through its platform-based services, which operate on a subscription model for clients such as OEMs, fleet operators, and charging network providers. The company facilitates transactions by offering comprehensive data analysis and management solutions, allowing clients to participate in clean fuel programs, such as California's Low Carbon Fuel Standard (LCFS) and Washington's Clean Fuel Standard (CFS). Revenue is derived from partnerships that include automated registration and reporting services, as well as monetization of program credits based on market analyses conducted by BTR's dedicated team. Clients benefit from a self-service online portal that tracks program performance, data reporting, and revenue generation, ensuring transparency and efficiency in their engagements with BTR's offerings.In November 2021, Bridge to Renewables, Inc. raised USD 45.38 million in a Series A round, which will be utilized to grow its platform, scale existing operations, and expand into new markets. The company plans to target emerging clean fuels markets in Canada, the UK, and Europe as part of its growth strategy.

## Funding rounds

- Series A, Nov 15, 2021, $45M — CDPQ, BP Ventures, Clean Energy Fuels Corporation, SineWave Ventures, Innovatus Capital Partners

## Investors

- CDPQ — Series A
- BP Ventures (https://capitalatlas.ai/funds/bp-ventures) — Series A
- Clean Energy Fuels Corporation — Series A
- SineWave Ventures (https://capitalatlas.ai/funds/sinewave-ventures) — Series A
- Innovatus Capital Partners (https://capitalatlas.ai/funds/innovatus-capital-partners) — Series A