Funding round
CleanCapital Series A
CleanCapital, which works in clean energy investment services in New York, raised $3.7M in a Series A round announced on 14 Nov 2017, led by SeedInvest. 8 firms took part. It is CleanCapital's first venture round on record.
$3.7M
Amount raised
Not disclosed
Post-money valuation
8
Investors
1 lead
Valuation
What this round says about the price
CleanCapital did not disclose a valuation in this round. It is CleanCapital's first venture round on record, 2 years after it was founded in 2015. It is 1.2% of the $304M CleanCapital has raised in the venture rounds on record. CleanCapital raised again 41 months later: a Growth round of $300M in Apr 2021.
CleanCapital's funding rounds
CleanCapital has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 14 Nov 2017, led by SeedInvest $3.7M
- Growth 20 Apr 2021, led by Manulife Investment Management $300M
- Debt not a venture round 17 Dec 2025 $185M
Investors
Who put money in
SeedInvest led the round with 7 other firms.
Lead investor
- SeedInvest new investor
Also in the round
- backs 2 venture-backed companies new investor
- Nephila Advisors new investor
- Jeff Phillips
- Barney Schauble
- Ron Suber
- Jon Barlow
- Bradley Pattelli
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, product development, scaling operations and working capital.
- Hiring
- Product development
- Scaling operations
- Working capital
Comparable rounds
How it compares
5 Series A rounds in Solar Energy Company within a year either side disclosed an amount; the median was $3.8M, and this round was close to the median. The closest in time, other companies' Series A rounds in Solar Energy Company:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Solar Energy Company | 1 Jan 2018 | $3.8M | not disclosed | E3 Capital and EDFI ElectriFI |
| Solar Energy Company | 10 Jul 2018 | $10M | not disclosed | The Ecosystem Integrity Fund |
| Solar Energy Company | 28 Sep 2018 | $1.7M | not disclosed | Impact Investment Exchange |
| Solar Energy Company | 21 Dec 2016 | $4.5M | not disclosed | not named |
| Solar Energy Company | 27 Nov 2018 | $1.5M | not disclosed | not named |
Sources
Where this comes from
Reported by 4 sources.
Questions
Frequently asked
How much did CleanCapital raise in its Series A round?
CleanCapital raised $3.7M in its Series A round, announced in Nov 2017.
Who led CleanCapital's Series A round?
SeedInvest led it, with StartEngine, Nephila Advisors, Jeff Phillips, Barney Schauble and Ron Suber and 2 more.
What was CleanCapital's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Solar Energy Company?
5 Series A rounds in Solar Energy Company within a year either side disclosed an amount; the median was $3.8M, and this round was close to the median.
Did CleanCapital raise again after this round?
Yes: a Growth round in Apr 2021 of $300M.