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LevelTen Energy
Safest, most cost-effective way for c&i customers to purchase renewable energy
About LevelTen Energy
LevelTen Energy operates in the renewable energy market, focusing on simplifying and accelerating the process of buying and selling power purchase agreements (PPAs). The company serves renewable energy developers and corporate energy buyers, providing a platform that connects these two groups efficiently.
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LevelTen Energy has reimagined the traditional Request for Proposal (RFP) process, which is typically time-consuming and complex. By eliminating the need for extensive data analysis and spreadsheet management, LevelTen reduces the RFP process from months to just weeks. This streamlined approach allows developers to focus on their core business activities while LevelTen handles the power sales.
The company’s business model revolves around its dynamic, two-sided marketplace. This platform aggregates both PPA buyers and sellers, facilitating transactions in a more efficient and less risky manner. By grouping buyers together, LevelTen enables access to a larger market—up to 99% of potential buyers—thereby reducing PPA costs significantly.
LevelTen makes money by providing transaction standards and credit solutions that ensure deals close smoothly and painlessly. These services reduce sales cycles by 50%, making the power sales process much easier for both projects and buyers. The platform’s liquidity and transparency are key components that enhance market efficiency, allowing many buyers and sellers to transact standard products rather than relying on bespoke, one-off deals.
In summary, LevelTen Energy offers a robust platform that simplifies the renewable energy market by connecting developers and corporate buyers, reducing transaction times and costs, and ensuring smooth deal closures.
At a glance
- Status
- Operational
- Founded
- 2016
- Headquarters
- Seattle, United States
- Employees
- 118
- Open positions
- 12
- Dealroom signal
- 62.4/100
- Industry
- Fintech, Energy
- Sub-industry
- Clean Energy
- Sector
- Fintech, Solar Energy, Sustainable Development Goals, Climate Tech, B2b Online Marketplace, Commodities Marketplace, Climate Fintech, Renewable Energy, Hard Tech
- Business model
- Marketplace & ecommerce, SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES DOther financing | Jul 2024 | $65M | $260M | Constellation · Microsoft Climate Innovation Fund · Zoma Capital · B Capital | ↗ |
| DEBTDebt | Nov 2023 | $10M | — | Undisclosed | ↗ |
Growth signals
Latest recorded traffic for LevelTen Energy is 8.9K monthly website visits, down 31.5% over the last three months. LevelTen Energy's team grew 3.5% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed1 investor entered at this stage
E8 Angels
Series A5 investors entered at this stage
Prelude Ventures
Founders Co-Op
TotalEnergies Carbon Neutrality Ventures
Constellation Technology Ventures
Wireframe Ventures
Series B and later13 investors entered at this stage
NGP Energy Technology Partners
Techstars
MCJ Collective
Equinor Ventures- ADAvista Development
B Capital
Constellation- MFMicrosoft Climate Innovation Fund
Zoma Capital
Aster Capital
NGP Energy Capital Management
Intercontinental Exchange
Alphabet | Google
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about LevelTen Energy 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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