Perch Energy - About the company
Perch Energy is a series B company based in Boston (United States), founded in 2021. It operates as a Provider of community solar subscriptions that offer savings on electricity bills. Perch Energy has raised $36.2M in funding from Arborview Capital and Nuveen. The company has 4228 active competitors, including 557 funded and 386 that have exited. Its top competitors include companies like SPAN, Landis+Gyr and Metronome.
Company Details
Provider of community solar subscriptions that offer savings on electricity bills. It connects individuals and businesses to community solar farms. Subscribers receive credits on their utility bills based on the solar farm's energy production. The service analyzes electricity usage to determine appropriate solar farm allocation. It manages subscriptions, billing, and crediting for solar project owners and subscribers.
- Website
- www.perchenergy.com/
- Email ID
- *****@perchenergy.com
Key Metrics
Founded Year
2021
Location
Boston, United States
Stage
Series B
Total Funding
$36.2M in 2 rounds
Latest Funding Round
Investors
Ranked
89th among 4228 active competitors
Employee Count
102 as on Sep 30, 2026
Legal entities associated with Perch Energy
Perch Energy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
PERCH ENERGY, INC. CIN: 6312354 , United States, Active | Oct 26, 2021 | - | - | - |
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Perch Energy's funding and investors
Perch Energy has raised a total funding of $36.2M over 2 rounds. Its first funding round was on Mar 15, 2022. Its latest funding round was a Series B round on Oct 11, 2023 for $*****. 1 investor participated in its latest round. Perch Energy has 2 institutional investors.
Here is the list of recent funding rounds of Perch Energy:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 11, 2023 | 3151776 | Series B | 3996248 | 7370977 | 3813500 | 7849564 |
Mar 15, 2022 | 7751782 | Series A | 6892208 | 9206368 | 6273444 |
View details of Perch Energy's funding rounds and investors
Perch Energy's founders and board of directors
Founder? Claim ProfilePerch Energy's employee count trend
Perch Energy has 102 employees as of Sep 26. Here is Perch Energy's employee count trend over the years:
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Perch Energy's Competitors and alternates
Top competitors of Perch Energy include SPAN, Landis+Gyr and Metronome. Here is the list of Top 10 competitors of Perch Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 74/100 | |
2nd | Landis+Gyr 1896, Cham (Switzerland), Acquired | Manufacturer of electric meters and grid edge data management software | $1.03B | 73/100 | |
3rd | Metronome 2020, San Francisco (United States), Acquired | Usage-based invoice management solutions for small businesses | $128M | 73/100 | |
4th | Sense 2013, Cambridge (United States), Series D | Smart energy platform providing real-time electricity usage insights for homes and utilities | $177M | 71/100 | |
5th | Bidgely 2011, Mountain View (United States), Series C | Provider of a solution for consumers to monitor and manage their household energy use | $87.7M | 70/100 | |
6th | Phononic 2009, Durham (United States), Series F | Providing solid state thermal management solutions | $230M | 69/100 | |
7th | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
8th | Smart Joules 2014, Delhi (India), Series B | Provider of AI-powered energy efficiency solutions for commercial buildings | $20.7M | 69/100 | |
9th | Deako 2015, Seattle (United States), Series B | Manufacturer of modular smart lighting systems and related accessories | $65.1M | 68/100 | |
10th | Lifi Labs 2012, San Francisco (United States), Acquired | Provider of building energy management solutions | $14.1M | 67/100 | |
89th | Perch Energy 2021, Boston (United States), Series B | Provider of community solar subscriptions that offer savings on electricity bills | $36.2M | 54/100 |
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Perch Energy's Investments and acquisitions
Perch Energy has acquired 2 companies including Solstice and Solstice. Perch Energy has not made any investments as of now.Reports related to Perch Energy
Here is the latest report on Perch Energy's sector:
News related to Perch Energy
Media has covered Perch Energy for a total of 2 events in the last 1 year.
•
Perch Energy Buys Solstice, Tops 3 GW Under ManagementRenewables Now•Feb 18, 2026•Perch Energy, Solstice, Mitsui, MyPower Corp
•
Perch Energy, Arcadia unit merge to form community solar joint ventureUtility Dive•Mar 11, 2025•Perch Energy, Arcadia Biosciences
•
Two major community solar software companies announce mergerSolar Power World Online•Mar 11, 2025•Arcadia, Perch Energy
•
Northern Illinois McDonald's and Wendy's save $1M via community solar partnership.GlobeNewswire•Jan 23, 2025•Perch Energy, All Star Management
•
Perch Energy Announces B Corp Certification, Demonstrating its Commitment to Expanding Renewable Energy Access to AllBusiness Wire•Feb 09, 2024•Perch Energy
•
Perch Energy has filed a notice of an exempt offering of securities to raise $34,999,953.00 in New Equity Investmentintelligence360•Nov 16, 2023•Perch Energy
•
Nuveen commits $30 Million to Perch Energy to accelerate growth of community solar and expand access to clean energyNuveen•Oct 11, 2023•Nuveen, Perch Energy
•
Perch Energy Expands Leadership Team with Appointment of New Chief Strategy and Analytics OfficerBusiness Wire•Nov 02, 2022•Perch Energy
•
Perch Energy Appoints Energy Industry Veterans as Chief Operating Officer and Vice President of PolicyBusiness Wire•May 25, 2022•Perch Energy, Centricity
•
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