# kWh Analytics

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kwh-analytics

- Industry: Software
- Headquarters: Beaverton, US
- Website: www.kwhanalytics.com
- Total disclosed funding: $29M
- Latest round: Series B (Nov 29, 2021)
- Investors on record: 3

## About

kWh Analytics, Inc. is a specialized provider of innovative insurance solutions for the renewable energy sector, focusing on solar, wind, and battery storage projects to mitigate risks and enhance investment resilience.Founded in 2012 and headquartered in San Francisco, US, kWh Analytics, Inc. delivers risk management solutions for the renewable energy sector. The company has successfully completed 10 deals to date, with its latest funding round in November 2021, where it raised USD 20 mn in Series B funding led by Lacuna Sustainable Investments. The current leadership includes CEOs Jason Kaminsky and Richard Matsui.kWh Analytics specializes in insurance solutions tailored for the renewable energy sector, including Property Insurance, Performance Insurance, and Data Intelligence Services. Their offerings target risks linked to natural catastrophes, resource volatility, and market dynamics, supporting asset owners, brokers, investors, lenders, and insurance carriers. Their risk management platform, Heliostats, provides data analytics and performance benchmarking, assisting various stakeholders across North America, Europe, and parts of Asia.The revenue model for kWh Analytics primarily relies on B2B transactions involving subscription-based services for their Heliostats platform and performance-based insurance products. Pricing reflects project complexity and client needs, facilitated through bespoke arrangements. The integration of data intelligence enhances value, enabling informed capital deployment decisions for clients in the renewable energy market.Following the USD 20 mn Series B funding round in November 2021, kWh Analytics plans to develop additional solutions for solar, wind, and storage asset owners, with intentions to expand into new international markets. The recent funding will support these initiatives, aiming to enhance the offerings and outreach of the company in the renewable energy sector.

## Funding rounds

- Series B, Nov 29, 2021, $20M — Lacuna Sustainable Investments
- Series B, Jun 25, 2020, $3.7M — Anthemis
- Series B, Aug 12, 2019 — Anthemis
- Series A, Aug 10, 2016, $5.6M — Engie, Anthemis

## Investors

- Engie — Series A
- Anthemis (https://capitalatlas.ai/funds/anthemis) — Series A, Series B
- Lacuna Sustainable Investments (https://capitalatlas.ai/funds/lacuna-sustainable-investments) — Series B