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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.
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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
Ranked
Employee Count
102 as on Sep 30, 2026
Investment & Acquisitions
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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
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Perch Energy's founders and board of directors

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Perch 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:
Employee count trend for Perch Energy
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
74/100
2nd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
73/100
3rd
Logo for Metronome
Metronome
2020, San Francisco (United States), Acquired
Usage-based invoice management solutions for small businesses
$128M
73/100
4th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
71/100
5th
Logo for Bidgely
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
Logo for Phononic
Phononic
2009, Durham (United States), Series F
Providing solid state thermal management solutions
$230M
69/100
7th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
8th
Logo for Smart Joules
Smart Joules
2014, Delhi (India), Series B
Provider of AI-powered energy efficiency solutions for commercial buildings
$20.7M
69/100
9th
Logo for Deako
Deako
2015, Seattle (United States), Series B
Manufacturer of modular smart lighting systems and related accessories
$65.1M
68/100
10th
Logo for Lifi Labs
Lifi Labs
2012, San Francisco (United States), Acquired
Provider of building energy management solutions
$14.1M
67/100
89th
Logo for Perch Energy
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

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Media has covered Perch Energy for a total of 2 events in the last 1 year.
•
Two major community solar software companies announce mergerSolar Power World Online•Mar 11, 2025•Arcadia, Perch Energy
•
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