Concentro, a NYC-based provider of a clean energy financing platform, raised $3M in Seed funding.
The round was led by firstminute Capital, with participation from Silence VC, LifeX, Plug & Play, and Avesta Fund and existing investors J Ventures, Contour Venture Partners, & Dorm Room Fund as well as various angels and VC scout networks.
The company intends to use the funds to grow its team and expand its technology product enabling more transactions to close on its platform.
Led by CEO Inigo Rengifo Melia and Tao Mantaras, Concentro is a platform helping clean energy developers monetize tax credits through transferability, with a focus on DG assets. They take a differentiated high touch approach managing the entire end-to-end process from running diligence to providing full-wrap insurance, making it effortless for small-mid sized projects to transact. The platform also provides CFOs & Tax Directors of corporations as well as individuals with the ability to purchase fully vetted and insured tax credits, helping them reduce their tax bill.
FinSMEs
11/12/2024