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Venture Capital News: Concentro Raises $3M Seed Round

2024-12-11
NEW YORK, NY, Concentro, the clean energy financing platform, has closed a seed round of $3 million.
Concentro has closed a seed round of $3 million, in an oversubscribed deal led by firstminute Capital, with participation from Silence VC, LifeX, Plug & Play, & Avesta Fund. Other participants include existing investors J Ventures, Contour Venture Partners, & Dorm Room Fund as well as various angels and VC scout networks. This follows a pre-seed round last year led by J Ventures.

Concentro is a platform helping clean energy developers monetize tax credits through transferability, with a focus on DG assets. They take a differentiated high touch approach managing the entire end-to-end process from running diligence to providing full-wrap insurance, making it effortless for small-mid sized projects to transact.
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