- Loanpal, a San Francisco, CA-based point-of-sale payment platform for sustainable home solutions, received more than $800m in its first external funding round
- The round led by NEA and WestCap Group, as well as Brookfield Asset Management, Riverstone Holdings and private investors
- The company intends to use the funds to continue tom expand operations and its business reach
- Loanpal provides a proprietary point-of-sale payment platform that equips businesses with digital tools to deploy sustainable home solutions at scale
- The company has provided approximately $5.8 billion of capital for solar and other home efficiency products since 2018
- The platform accessed by more than 12,000 sales professionals, supporting more than 20,000 clean energy jobs across the United States
