# One Block Off The Grid

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/one-block-off-the-grid

- Industry: Renewable Energy
- Headquarters: San Francisco, US
- Website: www.1bog.org
- Total disclosed funding: $3.4M
- Latest round: Series B (Feb 3, 2010)
- Investors on record: 1

## About

One Block Off The Grid Inc. offers innovative community solar solutions, enabling individuals and businesses to access renewable energy without the need for physical solar panel installations on their properties.Founded in 2008 and headquartered in San Francisco, US, One Block Off The Grid Inc. provides community solar programs, allowing customers to benefit from solar energy. The company was acquired by Pure Energies Group in July 2012, and since then, it has continued to operate under its original mission. The company has completed two deals, with the most recent being a Series B funding round in which it raised USD 3.440 mn from New Enterprise Associates. The total amount raised by the company now stands at USD 3.440 mn, with a current valuation of USD 17.944 mn.One Block specializes in solar energy solutions, primarily through community solar programs that cater to individuals unable to install solar panels, such as renters. Their offerings encompass educational resources, financing options, and the installation process, making the transition to renewable energy easier for customers. The company serves urban markets across the United States, where community solar initiatives are increasingly popular due to high demand for sustainable energy alternatives.One Block's revenue model is based on community solar subscriptions, enabling customers to purchase shares of energy generated by local solar farms, credited to their energy bills. This model appeals to homeowners and businesses, with various pricing plans based on energy needs. The company also provides educational content and consultations to enhance customer understanding and engagement with solar energy options.Moving forward, One Block plans to enhance its product offerings and expand into new markets. Specific details on new products have not been disclosed, but the company aims to leverage its recent funding to support these initiatives. The funding from the Series B round completed in July 2012 may be utilized to enhance marketing efforts and establish a stronger presence in additional urban centers across the United States as demand for sustainable energy solutions continues to grow.

## Funding rounds

- Series B, Feb 3, 2010, $3.4M — New Enterprise Associates

## Investors

- New Enterprise Associates (https://capitalatlas.ai/funds/new-enterprise-associates) — Series B