# Bright Power

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bright-power

- Industry: Power & Utilities
- Headquarters: New York, US
- Website: www.brightpower.com
- Total disclosed funding: $25M
- Latest round: Series B (Jul 27, 2021)
- Investors on record: 2

## About

Bright Power, Inc. is a US-based energy management firm that focuses on enhancing building sustainability through integrated energy efficiency and renewable energy solutions.Founded in 2004 in New York, Bright Power, Inc. specializes in optimizing energy performance for buildings. The company has secured a total of USD 2.89 mn in funding through three deals, with the most recent being a Series C round completed on September 25, 2024. The company's leadership includes founder Jeff Perlman and CEO Andrea Mancino, who along with Yakubu Norgah, drive the company's strategic initiatives.Bright Power offers a range of services including EnergyScoreCards, energy audits, retro-commissioning, and consulting for both existing and new constructions. Their focus is on improving energy performance and achieving compliance with stringent energy regulations, catering to clients in multifamily affordable housing, market-rate properties, cooperatives, condominiums, and various commercial sectors across the US.Bright Power generates revenue through B2B transactions, focusing on property owners and management companies. The company delivers services such as detailed energy analysis and consulting, typically billed on a project basis or through ongoing retainer agreements. Their product suite, including EnergyScoreCards, provides insights that enhance operational efficiency, contributing to long-term client relationships.In September 2024, Bright Power, Inc. raised USD 2.90 mn in Series C funding, which will be utilized to support the development of new energy management products and to expand its services into additional urban markets. The company aims to enhance its presence in regions with increasing demand for sustainable practices, aligning its growth strategy with the evolving energy landscape.

## Funding rounds

- Series B, Jul 27, 2021, $25M — BMO Capital Partners, Generate Capital

## Investors

- BMO Capital Partners (https://capitalatlas.ai/funds/bmo-capital-partners) — Series B
- Generate Capital — Series B