Redaptive

Redaptive is an Energy-as-a-Service provider that funds and installs energy-saving and energy-generating equipment.

Redaptive enables large-scale rapid deployment of building efficiency technologies that reduce operational expenses and deliver immediate returns and long-term value across our customers' real estate portfolios.

Redaptive was founded in Denver, Colorado in 2015 by John Rhow and Ryan Martineau. The company is headquartered in , with offices in San Francisco, California, and Pune, India.

 

Redaptive provides enterprise customers with data-driven energy generation and efficiency programs including HVAC, LED lighting, solar, EV and other utility upgrades that can be deployed at large sites or across distributed real estate portfolios.

 

Redaptive's Efficiency-as-a-Service (EaaS) platform builds the foundation for future investments in both resource efficiency and smart building innovation. With Redaptive, customers can overcome capital and contractual barriers to achieve energy-saving benefits quickly, all with real-time data powered by Redaptive’s proprietary Data-as-a-Service metering platform.

 

Redaptive manages a national portfolio of energy efficiency projects across 30+ states for leading F500 companies like, McKesson and Aramark, helping them reduce energy waste, save money, lower their carbon emissions, and meet their sustainability goals across their entire real estate portfolios.

 

Redaptive is backed by CPP Investments, CBRE, Engie New Ventures, Linse Capital, Honeywell, Evergy Ventures, CarVal Investors, and others. The company raised an additional investment in its series E round on May 03, 2023. This brings the total amount raised for this round to approximately $250M. The additional investment brings Redaptive total overall funding to $441.5M to date. The latest round valued the company at close to $1B.

 

 

  • Year founded: 2015
  • Funding Info: $441.5M over 5 Rounds (Latest Funding Type: Series E)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at Approx. $1B as of May 03, 2023
  • City/Town: Denver
  • State: Colorado
  • Country: United States
Related businesses