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.
- Website
- www.paces.com/
Key Metrics
Founded Year
2022
Location
Brooklyn, United States
Stage
Series A
Total Funding
$12.9M in 2 rounds
Latest Funding Round
Investors
Ranked
38th among 2672 active competitors
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 |
View details of Paces's funding rounds and investors
Paces' founders and board of directors
Founder? Claim ProfileThe founders of Paces is Charles Bai.
Here are the details of Paces' key team members:
- Charles Bai: Co-Founder & CTO of Paces. Contact Info: 1 email address
View details of Paces's Founder profiles and Board Members
Paces' employee count trend
Paces has 74 employees as of Aug 26. Here is Paces's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Procore 2003, Carpinteria (United States), Public | SaaS-driven project management software for construction professionals | $406M | 80/100 | |
2nd | ServiceTitan 2007, Glendale (United States), Public | Developer of business management software for residential and commercial contractors | $1.1B | 79/100 | |
3rd | Developer of construction intelligence software using computer vision and algorithms | $166M | 70/100 | ||
4th | BuildOps 2018, Santa Monica (United States), Series C | Software solution for facility management and commercial contractors | $226M | 70/100 | |
5th | Provider of construction and real estate management software platform solutions | $103M | 68/100 | ||
6th | Aurora Solar 2013, San Francisco (United States), Series D | Provider of software for solar and storage system design and sales | $537M | 66/100 | |
7th | OpenSolar 2017, Salt Lake City (United States), Series B | Cloud-based solar design and sales platform | $45M | 65/100 | |
8th | 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 | Provider of data, forecasts, and software for energy market participants | $54M | 62/100 | ||
10th | Provider of SaaS-driven communication and collaboration software for construction professionals | $15.6M | 62/100 | ||
38th | 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
Here is the latest report on Paces's sector:
News related to Paces
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Data platform Paces nabs $11M to scale clean energy developmentUtility Dive•Jul 30, 2024•Paces, Navitas Capital, Suffolk, MCJ and 4 others
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