Practically Green Closes $3M Series A Venture Funding

practically-green-logo-mdPractically Green, a Boston, MA-based provider of digital sustainability engagement programs, closed a $3m Series A venture funding.

The round was led by CommonAngels and Pan Asia Solar, with participation from Clean Energy Venture Group and Launchpad Venture Group.

The company, which also added industry veterans Mark Bissell as Head of Customer Success and Jim Tramel to Head of Sales, will use the funds for product development, continued development of sustainability and CSR engagement programs, and further sales and marketing goals.

Founded in 2010 and led by Susan Hunt Stevens, CEO, Practically Green provides mobile and web platforms that allow empower people to take positive actions at work, at home and in their community. Users can join projects or competitions, complete actions of different types and levels, measure their progress and impact, and celebrate when they are successful.
Global corporations including Unilever, MGM Resorts International, NBC Universal and eBay se the company’s platform to execute sustainability engagement programs for their employees and other key stakeholders. They can build out programs with actions based on their core values (increasing carpooling, saving energy at work, learning to play an instrument, hosting a green scavenger hunt, planting a neighborhood garden).

FinSMEs

30/01/2014

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