# Lumen Energy

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

- Industry: Renewable Energy
- Headquarters: San Francisco, US
- Website: www.getlumen.com
- Total disclosed funding: $11M
- Latest round: Series A (Feb 28, 2023)
- Investors on record: 5

## About

Based in California, US, and founded in 2019, Lumen Energy, Inc. operates as a provider of solar energy infrastructure and monetization solutions for commercial and residential spaces. The company was Co-founded by Peter Light (CEO) and Dave Coen. In August 2023, Lumen Energy, Inc. raised USD 11 million in series A funding led by new investors Ajax Partners, with participation from other new investors Bridge Investment Group, Designer Fund, Lowercarbon Capital, and Nuveen.


The company provides solar energy and smart grid services for households and offices, as well as assistance to commercial buildings in generating revenue from sustainable energy. The firm's solutions include power purchase agreements, which allow consumers to fully finance solar for their property by purchasing the generated electricity at a lower-than-market rate.

## Funding rounds

- Series A, Feb 28, 2023, $11M — Bridge Investment Group, Ajax Partners, Nuveen, Designer Fund, Lowercarbon Capital

## Investors

- Bridge Investment Group — Series A
- Ajax Partners — Series A
- Nuveen (https://capitalatlas.ai/funds/nuveen) — Series A
- Designer Fund (https://capitalatlas.ai/funds/designer-fund) — Series A
- Lowercarbon Capital (https://capitalatlas.ai/funds/lowercarbon-capital) — Series A