REplace
Latest round
- Seed
Last raised
- Feb 2025
Total raised
- $2.1M
Investors
- 4
About REplace
REplace specializes in offering software solutions tailored for the renewable energy sector. The company is headquartered in Tel Aviv, Israel.REplace offers innovative software solutions designed to streamline the site selection process for renewable energy projects, significantly reducing the time and complexity traditionally associated with this phase of development. Their core product, an advanced data analysis platform, enables developers to identify optimal locations for solar, wind, and storage projects based on critical parameters such as return on investment (ROI) and development risk. By inputting specific project requirements, including project type, size, and implementation region, users receive tailored recommendations that enhance decision-making efficiency and project feasibility.REplace generates revenue through subscription-based access to its software platform, catering primarily to businesses involved in renewable energy development. The transaction structure involves clients subscribing to various tiers of service that provide access to the company’s proprietary tools, such as the site selection algorithm and the Analyze Land feature. These subscriptions are tailored to meet the needs of different customer segments, from small-scale developers to large energy firms, facilitating a B2B model that directly connects the company with its clientele.REplace plans to expand its product offerings by launching advanced analytical tools and features aimed at enhancing user experience and decision-making capabilities in renewable energy site selection. The company is targeting expansion into new geographic regions, specifically aiming to increase its presence in emerging markets across Asia and South America by the end of 2024.10 mn, will be utilized to support the development of these new products and facilitate market entry strategies.
Who invested in REplace
4 investors across 1 round
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Funding rounds
Seed
Feb 1, 2025
Amount
$2.1M
Investors
Questions about REplace
Who invested in REplace?
REplace has 4 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 REplace raised?
REplace has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did REplace last raise money?
REplace's most recent round on record is a Seed, in Feb 2025.
What does REplace do?
REplace specializes in offering software solutions tailored for the renewable energy sector.
Where is REplace headquartered?
REplace is headquartered in Tel Aviv, Israel.
Which VCs invest in companies like REplace?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at REplace's stage. Their profiles are linked below.
VCs backing software startups at Seed
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