# Inspire Energy Holdings, LLC.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/inspire-energy-holdings

- Industry: Renewable Energy
- Headquarters: Philadelphia, US
- Website: www.helloinspire.com
- Total disclosed funding: $8.2M
- Latest round: Series A (Feb 20, 2015)
- Investors on record: 5

## About

Inspire Energy Holdings, LLC is a provider of renewable energy solutions focused on delivering sustainable wind, solar, and hydro power through a subscription model, aimed at environmentally-conscious consumers in the U.S.Founded in 2013 in Philadelphia, US, Inspire Energy Holdings specializes in renewable energy solutions, purchasing renewable energy on behalf of clients. The company has undergone strategic pivots to enhance its service model, focusing entirely on renewable energy. The company raised USD 5.00 mn in Series A funding on February 20, 2015, led by Crosscut Ventures Management, with participation from BAM Ventures, Double M Partners, Heritage Group, and JUMP Investors. Troy DeFrees-Parrott and Yoshita Taylor are among the founders, and the current CEO is Azam Taifor.Inspire Clean Energy specializes in providing renewable energy solutions through a subscription-based model, delivering 100% renewable wind, solar, and hydro power to residential customers. The company ensures that all electricity consumed is sourced from renewable generation facilities or paired with Renewable Energy Certificates (RECs), catering to consumers who wish to reduce their carbon footprint while maintaining reliable energy access.Inspire Clean Energy generates revenue primarily through monthly subscriptions for its renewable energy services. Clients pay a flat monthly fee based on their estimated electricity usage in kilowatt-hours (kWh), with transparent pricing and no hidden costs for sign-up or cancellation, fostering long-term relationships with customers drawn to clean energy alternatives.Inspire Energy Holdings plans to utilize the recent USD 5.00 mn funding to enhance its subscription offerings and expand into new markets, targeting regions with increasing demand for renewable energy solutions. The funding will support the development of new products aimed at enhancing consumer engagement with clean energy. The company is focused on broadening its geographical reach within the U.S. by the end of 2025.

## Funding rounds

- Series A, Feb 20, 2015, $5M — Crosscut Ventures Management, JUMP Investors, Double M Partners, BAM Ventures, Heritage Group
- Seed, Sep 2, 2013, $3.2M — Crosscut Ventures Management, Double M Partners

## Investors

- Crosscut Ventures Management (https://capitalatlas.ai/funds/crosscut-ventures-management) — Seed, Series A
- Double M Partners — Seed, Series A
- JUMP Investors (https://capitalatlas.ai/funds/jump-investors) — Series A
- BAM Ventures (https://capitalatlas.ai/funds/bam-ventures) — Series A
- Heritage Group — Series A