# Clean Power Finance

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: http://www.cleanpowerfinance.com/
- Total disclosed funding: $69M
- Latest round: Series C (Jun 27, 2013)
- Investors on record: 6

## About

Clean Power Finance, Inc. focuses on advancing the distributed solar energy sector by providing innovative solutions for residential solar energy systems, enabling homeowners to effectively utilize renewable energy.Clean Power Finance, Inc. is dedicated to the management and ownership of solar energy assets aimed at residential customers. Founded in 2007 and headquartered in San Francisco, US, the company has engaged in four deals since inception, with the latest funding round occurring on June 27, 2013. The company raised USD 36.96 mn in Series C funding from investors including Claremont Creek Ventures, GV, and Kleiner Perkins. The current company valuation stands at USD 309.89 mn. The leadership team includes Christian Fong and Nat Kreamer, who have significant experience in the renewable energy space.Clean Power Finance provides comprehensive solutions in the distributed solar energy sector, focusing on residential solar energy systems. The company's offerings encompass the ownership and management of solar energy assets, which empower homeowners to harness renewable energy efficiently. It targets eco-conscious residential customers across the United States, particularly in states like California, New York, and Texas, where demand for sustainable energy solutions is high. By utilizing advanced technologies and diverse financing models, the company aims to facilitate easy access to renewable energy for homeowners.Clean Power Finance generates revenue through the management and operation of residential solar energy assets. The company engages in direct-to-consumer sales, allowing customers to finance their solar systems through various payment structures, including lease agreements and power purchase agreements (PPAs). Customers typically incur fixed monthly fees or rates based on energy usage, ensuring predictable energy costs. The firm’s managed service plans enhance customer satisfaction by assuring optimal performance and maintenance of solar installations, fostering long-term relationships with clients and promoting renewable energy adoption.In June 2013, Clean Power Finance, Inc. utilized the USD 36.96 mn raised in Series C funding to bolster its growth strategy by focusing on the design and launch of new solar energy products. The company aims to expand its market presence into additional regions across the United States, improving accessibility to renewable energy solutions for homeowners. Specific target markets for expansion will be identified as part of their strategic initiative to increase adoption rates by leveraging enhanced product offerings and customer engagement strategies.

## Funding rounds

- Series C, Jun 27, 2013, $37M — Kleiner Perkins, Claremont Creek Ventures, GV
- Series B, Sep 2, 2011, $19M — Kleiner Perkins, Claremont Creek Ventures, Clean Pacific Ventures, GV, Sand Hill Angels
- Series A, Dec 14, 2010, $5.7M — Kleiner Perkins, GV
- Series A, Jan 7, 2010, $6.9M — Sand Hill Capital, Claremont Creek Ventures, Clean Pacific Ventures

## Investors

- Sand Hill Capital (https://capitalatlas.ai/funds/sand-hill-capital) — Series A
- Claremont Creek Ventures (https://capitalatlas.ai/funds/claremont-creek-ventures) — Series A, Series B, Series C
- Clean Pacific Ventures (https://capitalatlas.ai/funds/clean-pacific-ventures) — Series A, Series B
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A, Series B, Series C
- GV (https://capitalatlas.ai/funds/gv) — Series A, Series B, Series C
- Sand Hill Angels (https://capitalatlas.ai/funds/sand-hill-angels) — Series B