Elephant Energy Raises $3.5M in Seed Funding
- Elephant Energy, a Boulder, CO-based provider of a home electrification platform for homeowners and contractors, raised $3.5M in Seed funding
- The round was led by Building Ventures, with participation from Daniel Gulati, Workshop, Reuben Munger
- The company intends to use the funds for hiring, product development, and expansion within and beyond Colorado
- ElephantEnergy is a climate tech company on a mission to electrify everything, starting with homes
- Its platform uses building science expertise and proprietary technology to help homeowners upgrade their home appliances to modern electric technologies, lowering carbon emissions in the process
- The company currently serves the Boulder-Denver metro area, with additional markets opening in 2023
