# Clean Urban Energy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/clean-urban-energy

- Industry: Energy Storage & Batteries
- Headquarters: Chicago, US
- Website: www.cleanurbanenergy.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Jul 7, 2011)
- Investors on record: 3

## About

Clean Urban Energy focuses on providing innovative solutions for urban energy efficiency, helping cities transition to sustainable practices and enhance their energy management systems.Clean Urban Energy operates as a company dedicated to enhancing urban energy efficiency through advanced technology. Headquartered in Chicago, US, the company was co-founded by individuals with a background in energy systems and technology innovation. In 2011, Clean Urban Energy raised USD 7.00 mn in a SERIES A funding round co-led by Battery Ventures and RHO Capital Partners. This funding round marked a significant milestone for the company, contributing to its growth and development.The company specializes in delivering innovative energy management solutions tailored for urban environments. Their primary offerings include smart grid technologies, energy monitoring systems, and consulting services aimed at improving energy efficiency in cities. They target municipalities and urban planners seeking to adopt smarter energy practices. Clean Urban Energy leverages its expertise to support clients in optimizing their energy consumption and reducing operational costs, ensuring alignment with sustainability objectives.The company's revenue is generated from a combination of consulting contracts and technology sales to urban municipalities. Clients engage Clean Urban Energy through project-based contracts or ongoing service agreements. The pricing structure is designed to cater to various project scopes, allowing clients to choose services that meet their specific energy needs. They also establish partnerships with local governments to facilitate integrated energy solutions, promoting long-term client relationships and repeat business.Looking ahead, Clean Urban Energy plans to design and launch new energy management platforms aimed at enhancing urban sustainability. They target expansion into key markets including New York City and San Francisco by 2023. The recent funding from the SERIES A round will be utilized to accelerate product development and market entry strategies, enabling the company to better serve urban centers seeking improved energy solutions.

## Funding rounds

- Series A, Jul 7, 2011, $7M — Battery Ventures, RHO
- Series A, Oct 12, 2010, $0.5M — Dunrath Partners

## Investors

- Dunrath Partners (https://capitalatlas.ai/funds/dunrath-partners) — Series A
- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A
- RHO (https://capitalatlas.ai/funds/rho) — Series A
