# CapeZero

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

- Industry: Software
- Headquarters: Kingston, US
- Website: www.capezero.com/
- Total disclosed funding: $2.6M
- Latest round: Seed (Jan 23, 2025)
- Investors on record: 5

## About

Established in 2017 and based in New York, US, CapeZero, Inc. specializes in software for clean energy project financing. Manish Hebbar (CEO) and Sumit Chachra (CTO) are the co-founders of the company. In January 2025, CapeZero, Inc. raised USD 2.6 million in seed funding led by Powerhouse Ventures, including Climatic VC, Avesta Capital, Virta Ventures, and Stepchange.

CapeZero offers a software platform specifically designed for clean energy developers to streamline project and infrastructure financing, focusing on tax equity and tax credit financing. The firm’s core product is branded as Strawman, which enables users to model financing structures and capital strategies, facilitating smarter decision-making regarding capital planning and fundraising. The company serves renewable energy developers and financial professionals, providing tools for accurate capital planning and standardized scenario analysis.

The company generates revenue through a subscription-based model for its software platform, which includes services related to project financing and capital structuring. Clients subscribe to access tools for capital raising and scenario analysis, paying annual or monthly fees for platform access, with additional fees for customized consulting services.

The organization plans to use the January 2025 funding to accelerate its product development and market expansion, enhancing its software platform to streamline financial workflows and help renewable energy companies structure and secure project financing.

## Funding rounds

- Seed, Jan 23, 2025, $2.6M — Powerhouse Ventures, Avesta Fund, Virta Ventures, Climatic, Stepchange

## Investors

- Powerhouse Ventures — Seed
- Avesta Fund (https://capitalatlas.ai/funds/avesta-fund) — Seed
- Virta Ventures (https://capitalatlas.ai/funds/virta-ventures) — Seed
- Climatic (https://capitalatlas.ai/funds/climatic) — Seed
- Stepchange (https://capitalatlas.ai/funds/stepchange) — Seed