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Venture Capital News: Haven Energy Raises $7M Series A Funding

2024-01-31
LOS ANGELES, CA, Haven Energy, a climate tech company that is accelerating the adoption of home battery systems, has announced a total of $7 million in Series A funding.
The round includes returning investors Lerer Hippeau, Giant Ventures, and Raven One Ventures, and new participation from Comcast Ventures, LifeX, TO VC and Habitat Partners. Haven Energy has experienced rapid growth in its first year of operation by streamlining the entire process of getting a home battery, from installation to ongoing energy management. The company will use its latest raise to grow its footprint in new markets and to launch a first-of-its-kind software platform for selling home battery storage at scale, opening new revenue streams for solar and home energy partners.

Haven Energy is a climate tech company that is accelerating the adoption of home energy storage. Haven guides homeowners through the selection, quoting, and financing of a home battery system, pairing homeowners with vetted, qualified electricians to perform the installation. Post-installation, Haven works with homeowners to integrate their batteries into an aggregated virtual power plant, enabling customers to monetize participation in grid services and significantly reduce their electricity costs.
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