# EnergySage

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

- Industry: Internet
- Headquarters: Boston, US
- Website: www.energysage.com
- Total disclosed funding: $4.2M
- Latest round: Series A (Apr 1, 2018)
- Investors on record: 3

## About

EnergySage, Inc. is a clean energy solutions company specializing in solar energy systems, backup power solutions, and electrification technologies for homes and businesses, facilitating informed decisions through a transparent marketplace.Founded in 2009 and headquartered in Boston, US, EnergySage connects consumers with local energy solution providers. The company has undergone strategic developments and has raised a total amount of USD 2.70 mn through funding rounds, including a recent Series A round on February 17, 2022, led by Launchpad Venture Group. The company was co-founded by Vikram Aggarwal, who serves as CEO and has a background in energy solutions.EnergySage specializes in providing comprehensive clean energy solutions, focusing on solar energy systems, backup power options, and electrification products. Core offerings include solar panels, electric vehicle (EV) chargers, heating and cooling systems, and smart home technologies. The platform enables users to compare quotes from pre-screened local installers, catering to homeowners and businesses across various US markets seeking renewable energy solutions.EnergySage generates revenue through a marketplace model connecting consumers with local energy solution providers, earning referral fees or commissions from successful installations. Their business model emphasizes direct-to-consumer interactions, allowing for customized quotes that empower consumers to meet their energy needs, reinforcing their commitment to a supportive shopping experience.EnergySage's growth strategy includes the development of new products and services tailored to emerging market needs. The company aims to expand its presence in additional geographic regions by leveraging recent funding from the acquisition by Schneider Electric SE in February 2022. The funding will be utilized to support product innovation and market expansion efforts.

## Funding rounds

- Series A, Apr 1, 2018, $2.7M — Launchpad Venture Group
- Series A, Nov 30, 2014, $1.5M — Launchpad Venture Group, Clean Energy Venture Group, New York Angels

## Investors

- Launchpad Venture Group (https://capitalatlas.ai/funds/launchpad-venture-group) — Series A
- Clean Energy Venture Group (https://capitalatlas.ai/funds/clean-energy-venture-group) — Series A
- New York Angels (https://capitalatlas.ai/funds/new-york-angels) — Series A