Your Source for Venture Capital and Private Equity Financings Adds $222.5K

DETROIT, MI, Web-based solar energy engineering company, announced today that it has secured an additional $222,500 to successfully complete its 'A' round financing.
DETROIT, MI, announces an additional $222,500 in funding and closes its 'A' round financing with $500,000 total invested from a consortium of Michigan-based investment firms. previously announced the initial $277,500.

-- recently launched its 'Virtual Engineering Center' and
added staff to meet sharply growing demand

--'s business model targets the solar energy industry with
intelligent, fast and affordable engineering solutions delivered to
anyone, anywhere

Detroit-based, a web-based solar energy engineering company, announced today that it has secured an additional $222,500 to successfully complete its 'A' round financing of $500,000 in private funding from a syndicate of Michigan-based investors.

Launched in 2011, combines state-of-the-art cloud computing with its national network of green energy engineering freelancers (or 'greenlancers') who are highly skilled at developing and engineering plans to meet clients' diverse energy needs.

'GreenLancer has created a hybrid business model that leverages technology with the flexibility of the human touch,' said Rick DeVos, Founder and CEO of Start Garden, one of GreenLancer's investors. 'Their assembly line approach has proven that they can provide professional engineering support that is far more cost effective than their brick-and-mortar competitors. This is exactly what the renewable energy industry needs to reduce the soft cost associated with developing clean energy projects.'

GreenLancer's services include online technical documents, engineering services and financial modeling support for contractors' use in proposing, developing and designing alternative energy systems. By doing this work 'in the cloud' the Company is able to provide fast, easy, affordable and accessible engineering support that reduces the soft costs associated with developing solar energy projects and can do it more cost effectively than their vertically integrated, brick-and-mortar competitors.

'We're thrilled to have reached this important milestone,' said Michael Sharber, Chief Executive Officer of 'We can now focus our full attention on building our business and delivering on our promises. In doing so, we'll return value to our shareholders, our employees and society at large by helping more facilities adopt affordable and sustainable clean energy solutions.''s initial investors include Bizdom (Detroit), Start Garden (Grand Rapids), Blue Water Angels (Midland), Northern Michigan Angels (Traverse City) and a private investor. Funding will be used to support's ambitious growth plan.'s crowd-sourcing, in-the-cloud approach has enabled it to work seamlessly in 32 states and six countries spanning four continents. The Company provides systems engineering work as subcontractor on projects for notable clients like General Motors, DTE Energy, Occidental Oil and the U.S. Department of Defense and U.S. Armed Forces in Afghanistan

GreenLancer serves all sectors of the construction industry. For more information, please visit . For a thorough examination of's new Virtual Engineering Center functionality, visit
(c)2011-2020 by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000 startups and 5,000 VC investors

Featured Reading