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Ivy Vitality, the creator of the trailblazing Digital Grid Cloud software program, proudly declares the closing of a $18 million Sequence A funding spherical. This spherical, led by international chief in sensible power expertise, SolarEdge, marks a leap ahead in Ivy Vitality’s quest to remodel the adoption of photo voltaic power inside shared communities, catalyzing a significant shift in the direction of sustainability in an underserved actual property enviornment and combating local weather change.
In a difficult monetary local weather, Ivy Vitality’s strategy and imaginative and prescient for a renewable future drew substantial investments from notable traders, together with GreenSoil PropTech VenturesAmerican Household Insurance coverage Institute for Company and Social Impression (About Mother Institute), Legacy Capital Ventures, Enki Solar Investmentsand Unit Leader. This signaled a powerful market perception within the potential for a distributed energy revolution that brings extra stability and advantages to native communities and landowners.
“Ivy was founded on the concept of democratizing clean energy access by directly addressing the barriers that have blocked renewable energy investments in multi-unit environments, our platform is unlocking new net operating income for clients and savings to renters both while enhancing grid value and stakeholder alignment. This investment gives us the resources to scale in earnest, applying our best-in-class software solution to enable onsite solar and distributed energy resources for multi-tenant properties.”-Dover Janis, CEO of Ivy Vitality
“As ClimateTech investors, we look for solutions that help accelerate the decarbonization of the Built Environment across all asset classes. As onsite solar power generation continues its rapid growth, shared spaces like multifamily housing are being left out,” famous Dave Kolada, Managing Companion, Greensoil PropTech Ventures and Board Member of Ivy Vitality. “We’re bullish on Ivy as its SaaS answer helps open up an enormous new asset class for clear power manufacturing whereas making a win-win for Actual Property house owners and tenants.
Charting a Sustainable Path Ahead
Ivy Vitality is making clear power adoption extra accessible in shared neighborhood environments and with this new financing is ready to deliver its options to extra buyer verticals and jurisdictions.
“The Series A funding gives us the resources to scale in earnest, applying our best-in-class software solution to unlock onsite solar and distributed energy resources for multi-tenant properties. Ivy is pioneering the way to democratize access to the economic and environmental benefits of local sustainable energy while driving increased net operating income for our clients. Additionally, Ivy will also be launching new products and end-user experiences that will bring more value to its customers and the grid, truly making it the first end-to-end digital platform for managing shared onsite energy programs,” stated Adam Masser, COO
With its cutting-edge Digital Grid Cloud software program, powered by proprietary algorithms and sensible grid applied sciences, Ivy ensures entry to photo voltaic power for all residents and optimized returns to property house owners. This breakthrough expertise solves the cut up incentive downside and permits property house owners to hedge towards utility inflation, sustain with rising sustainability mandates, and supply tangible market worth will increase to their belongings. Residents, in flip, get pleasure from decrease power payments and the satisfaction of contributing to a greener planet.
About Ivy Vitality
Ivy Vitality is on the forefront of the clear power transformation for multi-tenant actual property, providing a complete suite of onsite power transaction merchandise and technology-enabled providers. Central to this suite is Ivy’s Digital Grid Cloud, which unlocks photo voltaic power distribution and battery storage to reinforce property proprietor revenues and decrease tenant power prices. Along with revolutionizing distributed power administration, Ivy Vitality offers a seamless EV charging product, integrating electrical car infrastructure into its sensible power options. With a concentrate on proprietor income, compliance, and a data-centric strategy, Ivy Vitality simplifies the administration of photo voltaic power and EV charging throughout a number of items whereas offering a best-in-class resident expertise. Ivy Vitality is paving the best way for a greener future, seamlessly mixing expertise with sustainability. https://www.ivy-energy.com/
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