Nexamp, a North Andover, New England-based company that analyzes, designs, builds, and maintains clean energy projects aimed to reduce energy costs and carbon emissions for businesses, governments, and homeowners, has secured $6.5m in Series A venture financing.
Investors include Good Energies, a private investor in renewable energy and enabling technologies, Point Judith Capital, an early stage venture capital firm focused on information technology businesses, RCG Ventures, an early stage clean energy investment firm, and individual investors.
This financing will enable te company to further expand its clean energy solution offerings and its presence nationwide.
As part of the financing, Nexamp also announced the addition of a new CEO, Stuart R. Patterson, to succeed Henri-Claude Bailly of RCG Ventures, who remains Chairman of the Board.
Bailly will be joined on the Board by David Martirano, General Partner at Point Judith Capital, and Michael Ware, Good Energies Managing Director.
The company, co-founded in 2007 by Dan Leary and Will Thompson, currently employs more than 45 people, with plans to accelerate its growth as a result of the most recent investment.