FinTechFunding

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
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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