# RedWave Energy

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

- Industry: Renewable Energy
- Headquarters: Boulder, US
- Website: www.redwaveenergy.com
- Total disclosed funding: $8.5M
- Latest round: Series B (Jul 18, 2016)
- Investors on record: 4

## About

RedWave Energy, Inc. is a company focused on developing innovative energy solutions that enhance efficiency and sustainability across various industries, including healthcare and technology.Founded in 2011 and headquartered in Boulder, US, RedWave Energy, Inc. specializes in energy solutions. The company has successfully completed 3 deals, with its latest funding round occurring on May 13, 2019, raising USD 5.21 mn. The company operates independently and has not undergone any significant pivots or mergers.The company’s core offerings encompass a range of innovative energy solutions designed to address specific needs within its target markets. These products enhance efficiency, promote sustainability, and solve challenges faced by users in various industries such as healthcare, technology, and consumer goods. The solutions are marketed primarily in North America, Europe, and parts of Asia, aligning with market demand to provide impactful solutions.The company's revenue structure is based on direct sales, subscription models, and strategic partnerships. Clients purchase products outright, while premium offerings are available through subscription services. This hybrid model facilitates steady revenue generation and fosters long-term client relationships, enhancing customer loyalty and satisfaction.RedWave Energy, Inc. has plans to launch new energy solutions aimed at improving sustainability in various sectors. The company is targeting expansion into additional markets in Europe and Asia by 2023. The recent venture funding of USD 5.21 mn raised in May 2019 will be utilized to support product development and market entry initiatives.

## Funding rounds

- Series B, Jul 18, 2016, $5.5M — Northwater Capital Management, Earth Foundry, Enertech Holding Company KSCC, PRIME Coalition
- Series A, May 24, 2013, $3M — Northwater Capital Management

## Investors

- Northwater Capital Management (https://capitalatlas.ai/funds/northwater-capital-management) — Series A, Series B
- Earth Foundry (https://capitalatlas.ai/funds/earth-foundry) — Series B
- Enertech Holding Company KSCC — Series B
- PRIME Coalition — Series B