REsurety

About REsurety

REsurety, Inc. operates at the intersection of weather, power markets, and financial modeling to provide data, software, and services for the clean energy sector. The company was founded in 2012 by Lee Taylor and Kenneth Westrick. The concept originated from Taylor's graduate school research at Dartmouth's Tuck School of Business, which aimed to solve the problem of managing weather-related risk for renewable energy generation. Taylor, with a background in economics, biology, and business, has since led the company as CEO.

The firm serves clean energy buyers, sellers, investors, and advisors, counting major corporations like Microsoft among its clients. REsurety's business model is centered on providing software-as-a-service (SaaS) and specialized advisory services that support clients' financial and sustainability objectives throughout a project's lifecycle. Its offerings help clients understand and manage the risks associated with intermittent power generation, evaluate projects, and measure the carbon impact of their decisions. Revenue is generated through subscriptions to its software platforms and fees for risk management and advisory services.

REsurety's integrated suite of solutions includes CleanSight and CleanTrade. The CleanSight platform offers tools like Project Explorer for market discovery, Project Evaluator for simulating project performance, and Portfolio Tracker for managing existing assets. A key feature is the company's Locational Marginal Emissions (LME) data, which measures the carbon displacement potential of clean energy at specific grid locations and times. This allows clients to make more informed decisions to maximize their environmental impact. In October 2024, REsurety launched CleanTrade, a marketplace for clean energy contracts like Virtual Power Purchase Agreements (VPPAs). Funded by a $32 million Series C round led by S2G Investments and Citi, CleanTrade aims to bring greater price transparency and liquidity to the market. The platform, which originated from a partnership with Citi's commodities division, also intends to offer a Swap Execution Facility (SEF) pending regulatory approval.