# King Energy Services

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

- Industry: Renewable Energy
- Headquarters: Durango, US
- Website: www.kingenergy.com
- Total disclosed funding: $10M
- Latest round: Seed (Aug 1, 2024)
- Investors on record: 4

## About

Based in Colorado, US, and founded in 2020, King Energy Services Inc., a.k.a. King Energy operates as a renewable energy company that installs and manages solar power plants in multi-tenant commercial properties like shopping centers. In August 2024, King Energy Services raised USD 10 million in seed funding led by new investor ArcTern Ventures, with participation from returning investors Blackhorn Ventures, Next Frontier Capital, Active Impact Investments. Other unspecified investors also participated in the round. As of September 2024, John Witchel is the CEO of the company.

The company provides a wide range of renewable energy services, such as solar installations, including permitting, design, installation, and tenant registration. King Energy also offers a OneBill software platform that generates a single monthly energy statement, which combines the solar energy bill and the utility's energy bill.

The company will use the funding to scale operations, hire staff, and enhance technology for its solar financing and billing platform aimed at multi-tenant commercial buildings in North America.

## Funding rounds

- Seed, Aug 1, 2024, $10M — ArcTern Ventures, Next Frontier Capital, Blackhorn Ventures, Active Impact Investments

## Investors

- ArcTern Ventures (https://capitalatlas.ai/funds/arctern-ventures) — Seed
- Next Frontier Capital (https://capitalatlas.ai/funds/next-frontier-capital) — Seed
- Blackhorn Ventures (https://capitalatlas.ai/funds/blackhorn-ventures) — Seed
- Active Impact Investments (https://capitalatlas.ai/funds/active-impact-investments) — Seed