Energetic Insurance has completed a $7 million Series A financing round, led by Schneider Electric Ventures, with participation from MS&AD Ventures, MCJ Collective, and others. Announced at Insuretech Connect 2021, this funding will accelerate the growth of Energetic's flagship product, EneRate Credit Cover®, which enables renewable energy projects to secure financing by covering credit risk for commercial customers. With over $70 million in insured value already placed, Energetic Insurance is set to expand its team, diversify its offerings, and enter new markets, driving the clean energy transition.
Learn more about this milestone here.
Energetic Insurance Closes $7M Series A Round to Expand Renewable Energy Financing
Energetic Insurance has completed a $7 million Series A financing round, led by Schneider Electric Ventures, with participation from MS&AD Ventures, MCJ Collective, and others. Announced at Insuretech Connect 2021, this funding will accelerate the growth of Energetic's flagship product, EneRate Credit Cover®, which enables renewable energy projects to secure financing by covering credit risk for commercial customers. With over $70 million in insured value already placed, Energetic Insurance is set to expand its team, diversify its offerings, and enter new markets, driving the clean energy transition.
Learn more about this milestone here.
