Raptor Maps Raises $5M in Series A Funding

Raptor Maps

Raptor Maps, a Boston, MA-based solar software company, raised $5m in Series A funding.

The round was co-led by Blue Bear Capital, Data Point Capital, and Buoyant Ventures with participation from Congruent Ventures, Powerhouse Ventures, and the Massachusetts Clean Energy Center, along with Y Combinator.

The company will use funding to build on its software platform and expand its business reach.

Led by co-founder and CEO Nikhil Vadhavkar, Raptor Maps provides a solar lifecycle management software platform for solar project finance, development, and asset management across the industry. To date, Raptor Maps has managed the project finance and asset management of over 25 GW in 35 countries. Its diverse customer base includes global utility Enel Green Power, asset owner Greenbacker Renewable Energy, construction company McCarthy Building Companies, operations and maintenance (O&M) providers QE Solar and SOLV, and several publicly traded solar panel manufacturers.

FinSMEs

26/08/2020

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