# Ivy Energy

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

- Industry: Software
- Headquarters: San Diego, US
- Website: www.ivy-energy.com/
- Total disclosed funding: $18M
- Latest round: Series A (Apr 17, 2024)
- Investors on record: 4

## About

Ivy Energy operates as a provider of software solutions for multifamily solar energy distribution and billing. In April 2024, Ivy Energy, Inc. raised USD 18 million in series A funding led by SolarEdge along with Legacy Capital Ventures, American Family Insurance, and Greensoil Investments.

The company provides a Virtual Grid platform that offers simplified solar billing to real estate owners and residents. The platform services include user subscription management, seamless rent ledger data operations, and consumer-friendly solar billing. Additionally, the firm also provides services such as solar asset optimization.

## Funding rounds

- Series A, Apr 17, 2024, $18M — American Family Insurance, SolarEdge Technologies Ltd., Greensoil Investments, Legacy Capital Ventures

## Investors

- American Family Insurance — Series A
- SolarEdge Technologies Ltd. — Series A
- Greensoil Investments (https://capitalatlas.ai/funds/greensoil-investments) — Series A
- Legacy Capital Ventures (https://capitalatlas.ai/funds/legacy-capital-ventures) — Series A