Carbon Lighthouse, a San Francisco, CA-based energy-tech company, raised $32.6m in growth funding.
The round was led by a $20M investment of Cox Enterprises.
The company intends to use the funds to continue scaling nationwide, and hire software developers, data scientists, and engineers.
Led by Brenden Millstein, CEO and co-founder, Carbon Lighthouse is an innovative company that allows commercial building owners to reduce their energy costs and environmental footprint with no upfront cost. It uses its proprietary technology to analyze new sources of building data to uncover hidden inefficiencies and deliver the most profitable energy solution for each unique building through its ongoing service.
Since 2010, commercial real estate, educational, hospitality and industrial customers nationwide have used the company’s solutions.