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EnergySage Raises $1 Million New Venture Capital

Thursday, May 26, 2016 5:20:00 AM PDT | VentureDeal



Boston, Massachusetts  --  Internet-based alternative energy marketplace EnergySage has secured $1 million in new equity venture capital investment, according to an SEC regulatory filing.

EnergySage has developed an online marketplace where  solar panel installers compete for consumer projects.

The site markets its service to residential, businesses and non-profits.

Investors in the financing were not disclosed, nor was how the company intends to use the funding proceeds.

A total of 27 investors participated in the offering.

EnergySage is still seeking $987,000 in additional equity investment, according to the filing.

CEO Vikram Aggarwal has been with the firm since April 2009 and previously held several positions at Fidelity Investments.

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