# Clir Renewables

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

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.clir.eco
- Total disclosed funding: $11M
- Latest round: Series B (May 13, 2021)
- Investors on record: 6

## About

Founded in 2017 and based in Vancouver, Canada, Clir Renewables Inc. is a provider of renewable energy intelligence solutions, leveraging extensive data to optimize wind and solar energy projects. In January 2024, Clir Renewables Inc. raised USD 1.49 million in venture funding. As of July 2024, the company is led by CEO Gareth Brown.


Clir Renewables offers a cloud-based intelligence platform that leverages data from over 200 GW of global wind and solar operations to provide insights and industry benchmarks. This allows clients to compare the projects' performance and identify areas for improvement. The platform provides data-backed reporting and analytics to support decision-making at all levels. This empowers stakeholders to optimize operations, minimize costs, and maximize financial returns. Additionally, Clir utilizes AI and data modeling to identify and assess potential risks impacting project performance and asset longevity. This allows clients to mitigate risks and make informed decisions regarding insurance and financing. The company also offers data-driven insights to support developers in selecting technology, designing wind and solar farms, and forecasting energy production. Additionally, they assist with buy-side and sell-side merger and acquisition (M&A) activities by providing data analysis for informed decision-making.

## Funding rounds

- Series B, May 13, 2021, $4.1M — BDC Capital, CPP Investment Board, Tokio Marine HCC, Longbow Capital, ArcTern Ventures, Active Impact Investments
- Series A, Sep 20, 2019, $5.3M — ArcTern Ventures
- Seed, Jun 1, 2018, $1.6M — Active Impact Investments

## Investors

- Active Impact Investments (https://capitalatlas.ai/funds/active-impact-investments) — Seed, Series B
- ArcTern Ventures (https://capitalatlas.ai/funds/arctern-ventures) — Series A, Series B
- BDC Capital (https://capitalatlas.ai/funds/bdc-capital) — Series B
- CPP Investment Board — Series B
- Tokio Marine HCC — Series B
- Longbow Capital (https://capitalatlas.ai/funds/longbow-capital) — Series B