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Aspen Power

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Developing and financing community, multifamily, and other distributed solar and storage installations enabling consumers of all income levels to access clean renewable energy

New York City, United StatesFounded 2020Energy
Valuation $500M–1B Last recorded · 2022
Headcount <100 Current team size
Total funding $100–500M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Aspen Power and the history behind them.

About Aspen Power

Aspen Power is a green energy startup that operates in the renewable energy market, specifically focusing on solar power. The company's primary objective is to offset the use of fossil fuels by increasing the use of solar energy. They serve a wide range of clients, including commercial and industrial properties, which are considered excellent candidates for solar energy conversion.

Aspen Power's business model is centered around providing solar energy solutions that do not require significant capital expenditure from their clients. They offer a range of solutions, including the option for businesses to host a solar project on their property. In this model, Aspen Power rents the space and handles all the operational aspects of the solar project, providing the business with a hassle-free income stream.

The company also leverages artificial intelligence (AI) in its operations to optimize solar panel placement, predict output, reduce costs, and improve efficiency. This innovative approach allows them to maximize the benefits of solar energy for their clients.

Additionally, Aspen Power offers battery storage solutions for businesses with varying energy needs. This allows for a more consistent energy supply and enables businesses to take advantage of available incentives.

The company is also committed to making solar energy accessible to all businesses, regardless of their financial situation. They believe that every business should be able to benefit from solar energy and are dedicated to providing solutions that make this possible.

In summary, Aspen Power is a forward-thinking green energy startup that is leveraging technology and innovative business models to make solar energy more accessible and beneficial for businesses.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2020
Headquarters
New York City, United States
Employees
100
Open positions
3
Dealroom signal
75.0/100
Industry
Energy
Sub-industry
Clean Energy, Energy Storage
Sector
Energy, Solar Energy, Sustainable Development Goals, Climate Tech, Stationary Energy Storage, Renewable Energy, Hard Tech
Business model
Manufacturing
Client focus
b2b

Funding history

7 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
DEBTDebt Jan 2026 $200M — Deutsche Bank ↗
DEBTDebt Sep 2025 $0 — Monarch Private Capital ↗
Showing the latest 2 of 7 recorded eventsBook a demo for the full funding history →

Growth signals

Aspen Power website traffic

Latest recorded traffic for Aspen Power is 3.2K monthly website visits, down 34.7% over the last three months. Aspen Power's team grew 0% over the past year.

Latest monthly visits3.2K 3-month web change-34.7% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

10 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A2 investors entered at this stage

  • Ultra Capital
  • Energy Impact Partners

Series B and later8 investors entered at this stage

  • The Carlyle Group
  • First Citizens Bank
  • JP Morgan
  • Lombard Odier
  • Mitsubishi UFJ Financial Group
  • Bank of Montreal
  • Monarch Private Capital
  • Deutsche Bank
Team profiled 6 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇺🇸 United States98.5%
🇪🇸 Spain1.5%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Aspen Power on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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