Elevation Home Energy Solutions, Inc., a Chandler, Ariz.-based national leader in residential energy solutions including solar, energy efficiency, and smart energy technology, held the initial close of a Series A financing.
The round, whose amount was not disclosed, was led by Vesta Ventures.
The company intends to use the funds to invest in and expand its proprietary technology platforms for homeowners, renters, institutional operators of single family rental portfolios, and utility companies.
Led by Jerry Coleman, chairman and co-founder, Elevation is a fully integrated residential energy solutions company providing solar, energy efficiency, and smart energy management technology. Already a leader in residential solar, storage, and energy efficiency, the company expanded its technology platform with the 2020 acquisition of Austin, Texas-based Curb Energy and completed a pilot deploying energy technology to create virtual power plants.
The company also has offices in Texas, Nevada and California.