About LevelTen Energy
LevelTen Energy simplifies the buying and selling of power purchase agreements (PPAs) in the renewable energy market by connecting developers and corporate buyers through a streamlined platform. This platform reduces the traditional Request for Proposal (RFP) process from months to weeks, allowing developers to focus on their core activities. By aggregating buyers, LevelTen increases market access and lowers PPA costs, while also providing transaction standards and credit solutions to ensure smooth deal closures. The company's goal is to enhance market efficiency and transparency, making the power sales process easier for all parties involved.
Seattle, WashingtonHeadquarters
2016Year Founded
$124.8MTotal Funding
SERIES_DCompany Stage
Consulting, EnergyIndustries
51-200Employees
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
Paid Holidays
401(k) Retirement Plan
Hybrid Work Options
Wellness Program
Risks
Increased competition from tech giants investing in their own renewable energy solutions.
Rapid AI growth may strain renewable energy resources LevelTen relies on for its marketplace.
Dip in climate tech funding could challenge future investments for expansion and innovation.
Differentiation
LevelTen Energy reduces PPA costs by aggregating buyers, accessing 99% of potential buyers.
The company streamlines the RFP process, cutting it from months to weeks.
LevelTen's platform offers liquidity and transparency, enhancing market efficiency for renewable transactions.
Upsides
$65M Series D funding enables expansion into new climate technologies and geographic markets.
Partnership with Ecohz enhances PPA procurement for European clients, boosting market presence.
Stable solar PPA prices offer a 'window of opportunity' for increased transaction volume.
Funding
Total raised$124.80 M
Latest valuation$325.00 M
StageSERIES_D
DEBT
10/31/2023$10
SERIES A
9/30/2017$7
$34.00 MSEED
11/30/2016$1
$5.00 M