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Paces - About the company

Paces is a series A company based in Brooklyn (United States), founded in 2022 by Charles Bai. It operates as a Platform for evaluating sites for renewable project development. Paces has raised $12.9M in funding from investors like Resolute Ventures, Navitas Capital and Suffolk. The company has 2672 active competitors, including 207 funded and 122 that have exited. Its top competitors include companies like Procore, ServiceTitan and Buildots.

Company Details

Platform for evaluating sites for renewable project development. It uses modeling and data points to help developers make decision related to renewable projects. It also provides analyzing solutions.
Social
X
Key Metrics
Founded Year
2022
Location
Brooklyn, United States
Stage
Series A
Total Funding
$12.9M in 2 rounds
Latest Funding Round
Ranked
Employee Count
74 as on Aug 31, 2026
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Paces's funding and investors

Paces has raised a total funding of $12.9M over 2 rounds. Its first funding round was on Jun 02, 2022. Its latest funding round was a Series A round on Jul 30, 2024 for $*****. 3 investors participated in its latest round. Paces has 12 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Paces:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 30, 2024
1326789
Series A
1118770
9800208
1989688
8829980
Jun 02, 2022
4829242
Seed
2188239
6295672
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Paces' founders and board of directors

Founder? Claim Profile
The founders of Paces is Charles Bai.
Here are the details of Paces' key team members:

Paces' employee count trend

Paces has 74 employees as of Aug 26. Here is Paces's employee count trend over the years:
Employee count trend for Paces
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Paces's Competitors and alternates

Top competitors of Paces include Procore, ServiceTitan and Buildots. Here is the list of Top 10 competitors of Paces, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Procore
Procore
2003, Carpinteria (United States), Public
SaaS-driven project management software for construction professionals
$406M
80/100
2nd
Logo for ServiceTitan
ServiceTitan
2007, Glendale (United States), Public
Developer of business management software for residential and commercial contractors
$1.1B
79/100
3rd
Logo for Buildots
Buildots
2018, Tel Aviv (Israel), Series D
Developer of construction intelligence software using computer vision and algorithms
$166M
70/100
4th
Logo for BuildOps
BuildOps
2018, Santa Monica (United States), Series C
Software solution for facility management and commercial contractors
$226M
70/100
5th
Logo for PlanRadar
PlanRadar
2013, Vienna (Austria), Series B
Provider of construction and real estate management software platform solutions
$103M
68/100
6th
Logo for Aurora Solar
Aurora Solar
2013, San Francisco (United States), Series D
Provider of software for solar and storage system design and sales
$537M
66/100
7th
Logo for OpenSolar
OpenSolar
2017, Salt Lake City (United States), Series B
Cloud-based solar design and sales platform
$45M
65/100
8th
Logo for Trunk Tools
Trunk Tools
2021, New York City (United States), Series B
Provide software for project leaders to address the skilled labor shortage and align workers incentives
$70M
63/100
9th
Logo for Volue
Volue
2020, Oslo (Norway), Public
Provider of data, forecasts, and software for energy market participants
$54M
62/100
10th
Logo for Powerplay
Powerplay
2020, Bengaluru (India), Series A
Provider of SaaS-driven communication and collaboration software for construction professionals
$15.6M
62/100
38th
Logo for Paces
Paces
2022, Brooklyn (United States), Series A
Platform for evaluating sites for renewable project development
$12.9M
52/100
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Paces's Investments and acquisitions

Paces has made no investments or acquisitions yet.

Reports related to Paces

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News related to Paces

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