Elephant Energy: Raises $3.5M in Seed Funding

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