Climatize, a Santa Cruz, CA-based provider of a SEC-registered impact investing platform, raised $1.75M in Pre-Seed funding.
The round was led by Myriad Venture Partners, with participation from Climate Capital, Techstars, Responsibly Ventures, and Temerity Capital. Angel investors included the co-founder of GoFundMe, the former operating partner of Bessemer Ventures, and the head of Americas for a utility-scale renewable energy developer, Low Carbon.
The company intends to use the funds to expand its product and technology roadmap, improve the customer experience, develop partnerships with key stakeholders, and continue to hire talent.
Co-founded by Will Wiseman and Alba Forns, Climatize provides a SEC-registered impact investing platform that allows investors to fund renewable energy projects while earning up to 10% annually. It works with dozens of renewable energy developers across the United States to source projects for its platform. Climatize’s investing platform allows any investor in the United States over the age of 18 to invest in renewable energy projects.
Commenting on the news, Will Wiseman said: “We built the Climatize platform to enable anyone to become an active stakeholder in the energy transition by investing directly in renewable energy projects. We’re incredibly excited to continue deploying solar and other renewable technologies while giving investors an opportunity to increase their impact and diversify their portfolios.“
FinSMEs
06/08/2024