Nexamp
Latest round
- Series A
Last raised
- Feb 2010
Total raised
- $6.5M
Investors
- 3
About Nexamp
Nexamp, Inc.Nexamp, Inc. was founded in 2007 and is headquartered in Boston, US. The company focuses on community solar projects, allowing customers to utilize solar energy without on-site installations.ATLAS SP Partners. The CEO of the company is Zaid Ashai, who leads the firm's strategic vision. Nexamp, Inc. specializes in providing innovative clean energy solutions primarily through its community solar and energy storage offerings. Their core product, community solar, allows residential and commercial customers to access solar energy without the need for rooftop installations. This service is designed to reduce electricity costs by approximately 10% to 15%, catering to customers who seek sustainable energy options without upfront costs, long-term commitments, or cancellation fees. Nexamp operates primarily in the United States, serving markets in states such as Massachusetts, New York, and Illinois, where there is a significant demand for renewable energy solutions.Nexamp's revenue model is centered around community solar subscriptions and partnerships with utility companies. Customers engage in direct transactions by signing up for community solar programs and benefit from reduced electricity rates through power purchase agreements. The company structures its revenue around these subscriptions, allowing customers to pay a monthly fee based on their energy usage, which is offset by the savings from their community solar credits. This model not only supports Nexamp's growth but also fosters long-term relationships with clients, as they remain engaged in the transition to renewable energy.In October 2025, Nexamp, Inc. Nexamp aims to launch new community solar initiatives and enhance its energy storage capabilities in existing markets, specifically targeting states with growing renewable energy demand.
Who invested in Nexamp
3 investors across 1 round
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Funding rounds
Series A
Feb 9, 2010
Amount
$6.5M
Investors
Questions about Nexamp
Who invested in Nexamp?
Nexamp has 3 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nexamp raised?
Nexamp has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Nexamp last raise money?
Nexamp's most recent round on record is a Series A, in Feb 2010.
What does Nexamp do?
Nexamp is a renewable energy company.
Where is Nexamp headquartered?
Nexamp is headquartered in Boston, US.
Which VCs invest in companies like Nexamp?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back renewable energy companies at Nexamp's stage. Their profiles are linked below.
VCs backing renewable energy startups at Series A
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