Branch Energy, a Houston, TX-based tech-powered, green energy provider focused on helping consumers reduce their energy bills and carbon footprints, raised $4.5m in seed funding.
This round was led by Comcast Ventures with participation from Global Founders Capital, Inovia Capital, and Assaf Wand – CEO of home insurance unicorn Hippo.
The company intends to use the funds to:
- launch in the US in states with deregulated energy markets,
- expand the team,
- grow the data, and
- analytic infrastructure development.
Co-founded by Alex Ince-Cushman, ex-Palantir and former nuclear fusion researcher; Daniel MacDonald, a serial B2C entrepreneur; and Todd Burgess, an energy industry veteran, Branch Energy is a technology company that enables consumers to lower their energy bills and carbon footprint. The company uses data & AI to determine which smart devices reduce a consumer’s energy bill the most and then helps them finance and install those devices.
FinSMEs
11/08/2021