Raptor Maps, a Boston MA-based provider of solar lifecycle management software, raised $22M in Series B funding.
The round was led by MacKinnon Bennett & Co., Microsoft Climate Innovation Fund, Blue Bear Capital, DNV, Buoyant Ventures, Congruent Ventures, Data Point Capital and ENGIE New Ventures.
The company intends to use the funds to accelerate its hiring plans with investment in product, software and data science, and and advance its feature-rich product roadmap with more functionality related to workflow automation, work orders, investor reporting and insights powered machine learning.
Led by CEO Nikhil Vadhavkar, Raptor Maps offers software-as-a-service advanced analytics, insights and productivity software for the entire solar lifecycle, from financing and development through operations. Raptor Solar lets utility-scale and C&I solar companies standardize and analyze data, collaborate, optimize PV assets, reduce risk and ultimately lift financial return. The Raptor Solar software platform features a digital twin of solar sites, aerial thermal inspections, data standardization and normalization, serial number mapping, warranty claim features, equipment records, mobile tools and more data model.
Raptor Maps’ insights are powered by machine learning and their industry-leading data model created from over 50 GW of solar power across 40 countries.
Customers include some of the largest owners, operators and builders in the world, including Tesla, SOLV Energy, Rosendin Electric, Cypress Creek Renewables and McCarthy.