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Figtree Financing
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Short description

Provider of energy efficiency PACE project financing

Founded in 2010
Founded in

Company type Acquired Public ()
Company type

Industry Group energy & power

Sector energy services

TRL Range 7-8
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters San Diego, CA San Diego, United States
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Updated by Cleantech Group on 09/15/2021

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IPO INFORMATION

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Description

Date Investors Type Amount
03/28/2016 LL Funds LL Funds (1)
Post-money valuation of
This Series A capital round will fund the launch of a residential PACE financing program and accelerate its commercial PACE financing platform within and outside of California.
Series A $30,000,000
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Products
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Product image Name Product status Revenue model Cost metrics

OnDemandPACE

Commercial PACE program dedicated to reduce the cost of financing and increase the speed of funding for commercial buildings

Product Development Service - Per Unit
$/kW (current)
$/kW (projected)
$/kWh (current)
$/kWh (projected)
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