When was BlocPower founded?

BlocPower was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is BlocPower located?

BlocPower is headquartered in New York City, United States. It is registered at 1625 Flatbush Avenue Box #222, Brooklyn, NY 11210.

How many employees does BlocPower have?

As of Mar 31, 2025, the latest employee count at BlocPower is 2.

Is BlocPower a funded company?

BlocPower is a funded company, having raised a total of $250M across 15 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 11, 2013.

When was the latest funding round of BlocPower?

BlocPower's latest funding was a $***** Grant (prize money) round on Aug 31, 2023, with participation from 1 investor.

What is the annual revenue of BlocPower?

Annual revenue of BlocPower is less than $1M as on Dec 31, 2023

Where does BlocPower rank among its competitors?

BlocPower ranks 3rd amongst 96 active competitors, of which 8 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Redaptive, which secured $650M in May, 2025.

Who are the top competitors of BlocPower?

BlocPower's top competitors include PowerSecure, Redaptive and Service Logic. Among them, Redaptive secured the most recent funding round in May, 2025.

BlocPower - 2026 Company Profile, Team, Funding & Competitors

BlocPower is a series B company based in New York City (United States), founded in 2012 by Donnel Baird and Morris Cox. It operates as a Provider of project management solutions. BlocPower has raised $250M in funding from investors like Microsoft, Goldman Sachs and Socialimpact. The company has 96 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like PowerSecure, Redaptive and Service Logic.

Company Details

Provider of project management solutions. The company offers a crowd-sourcing website to help market, finance, and install energy-efficient retrofits for small buildings. It also offers an energy audit of each property to determine the correct mix of high-efficiency technology that will reduce each customer's energy consumption.

Website: www.blocpower.io/
Social
Email ID: *****@blocpower.io
Phone Number: +1 **********
Registered Address: 1625 Flatbush Avenue Box #222, Brooklyn, NY 11210

Key Metrics

Founded Year

2012

Location

New York City, United States

Stage

Series B

Total Funding

$250M in 15 rounds

Latest Funding Round

Grant (prize money), Aug 31, 2023, $*****

Investors

Microsoft & 50 more

Ranked

3^rd among 96 active competitors

Annual Revenue

$0 - $1M as on Dec 31, 2023

Employee Count

2 as on Mar 31, 2025

Similar Companies

PowerSecure & 345 more

View BlocPower's full profile

BlocPower is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
BlocPower Energy Services 3 LLC CIN: 0001848743 , United States, Active		$0 - $1M (As on Dec 31, 2023)	-	-
BLOCPOWER PUBLIC BENEFIT CORPORATION CIN: - , Belgium, Active	Dec 12, 2013	-	-	-

BlocPower has raised a total funding of $250M over 15 rounds. Its first funding round was on Jun 11, 2013. Its latest funding round was a Grant (prize money) round on Aug 31, 2023 for $*****. 1 investor participated in its latest round. BlocPower has 47 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of BlocPower:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2023	9938277	Grant (prize money)	7883133	6655329	9367279	7008571
Jan 04, 2023	5092876	Conventional Debt	9075459	8059368	4449240	Goldman Sachs
Jan 04, 2023	5056547	Series B	1879160	7264312	VoLo Earth Ventures	Microsoft & 12 more

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View details of BlocPower's funding rounds and investors

The founders of BlocPower are Donnel Baird and Morris Cox.

Here are the details of BlocPower's key team members:

Donnel Baird: Co-Founder of BlocPower.
Morris Cox: Co-Founder & CIO of BlocPower.

View details of BlocPower's Founder profiles and Board Members

BlocPower's employee count trend

BlocPower has 2 employees as of Mar 25. Here is BlocPower's employee count trend over the years:

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Top competitors of BlocPower include PowerSecure, Redaptive and Service Logic. Here is the list of Top 10 competitors of BlocPower, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	PowerSecure 1991, Wake Forest (United States), Acquired	Energy efficiency and smart grid management solutions	-	Glen Capital, Citi & 1 others	64/100
2nd	Redaptive 2015, San Francisco (United States), Series E	Provider of Energy-as-a-Service solutions that finances, deploys, and manages energy infrastructure	$733M	CPP Investments, CBRE & 11 others	63/100
3rd	BlocPower 2012, New York City (United States), Series B	Provider of project management solutions	$250M	Goldman Sachs, Salesforce Ventures & 49 others	62/100
4th	Service Logic 1945, Charlotte (United States), Acquired	Provider of installation services for HVAC systems	-	The Jordan Company, Sterling Investment Partners ... & 4 others	55/100
5th	Willdan 1964, Anaheim (United States), Public	Provider of project management solutions for the energy industry	-	Sagard Holdings	55/100
6th	Sparkfund 2013, Washington, DC (United States), Series C	Subscription-based energy as a service provider	$49.9M	Energy Impact Partners, Vision Ridge Partners ... & 6 others	49/100
7th	Carbon Lighthouse 2010, San Francisco (United States), Series B	Provider of project management services for commercial and industrial industries	$59.6M	GRC SinoGreen, Cox Enterprises & 19 others	49/100
8th	Black Bear Energy 2015, Boulder (United States), Acquired	Provider of solar and energy storage solutions for commercial real estate. It assists clients in identifying, procuring, and executing new energy projects. A vendor-agnostic approach is used, leveraging a proprietary online platform and extensive industry experience to facilitate efficient project management and deployment. The company's success-fee model aligns incentives with client goals, ensuring transparency and a collaborative partnership. Services include portfolio assessment, competitive procurement, and ongoing support throughout the project lifecycle.	$10.5M	Boulder Ventures, Capricorn Partners & 2 others	44/100
9th	WindESCo 2012, Boston (United States), Series B	Provider of IoT-enabled sensor solutions for wind turbines	$30.4M	WAVE Equity Partners, ABB & 3 others	43/100
10th	Allumia 2013, Seattle (United States), Series A	IoT and AI-driven energy management solutions	$10M	JW Asset Management, American Electric Power ... & 6 others	41/100