# REplace

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/replace-2

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.renewableenergy.place
- Total disclosed funding: $2.1M
- Latest round: Seed (Feb 1, 2025)
- Investors on record: 4

## About

Based in Israel, REplace provides an online platform that simplifies the site selection process for renewable energy projects, facilitating efficient decision-making for developers, landowners, and investors.REplace specializes in offering software solutions tailored for the renewable energy sector. The company is headquartered in Tel Aviv, Israel. It has raised a total of USD 2.10 mn in funding, including a Seed round led by Gravity Climate, with participation from Malbec Ventures and Techstars. The latest funding round occurred recently, reflecting increasing investor interest.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. The platform serves a diverse clientele, including energy companies, landowners, and investors, across various geographical markets, primarily focusing on the United States and Europe, where there is a growing demand for renewable energy solutions.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. Specific pricing plans are designed around the features offered, allowing clients to choose options that best fit their project requirements and budget, which aids in optimizing their operational efficiency and maximizing project returns.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. The recent Seed round funding, which raised USD 2.10 mn, will be utilized to support the development of these new products and facilitate market entry strategies.

## Funding rounds

- Seed, Feb 1, 2025, $2.1M — Techstars, Crescendo Group, Gravity Climate, Malbec Ventures

## Investors

- Techstars (https://capitalatlas.ai/funds/techstars) — Seed
- Crescendo Group (https://capitalatlas.ai/funds/crescendo-group) — Seed
- Gravity Climate (https://capitalatlas.ai/funds/gravity-climate) — Seed
- Malbec Ventures (https://capitalatlas.ai/funds/malbec-ventures) — Seed