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Redaptive
Managing energy-efficiency upgrades for commercial buildings
- 201-500 employees
- B2B
- Energy
- Sustainability
- Real Estate
- 340 Brannan Street, Suite 400, San Francisco, CA 94107
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Company mission
To make buildings, cities, and the planet more efficient.
Otta's take
Theo Margolius
COO of Otta
Mass adoption of clean energy appears to be in motion, but it's difficult to produce enough renewable energy to go around. Much of this problem lies not in the energy production itself, but instead in the energy efficiency of the devices that we use in daily life.
Redaptive provides an 'efficiency-as-a-service' program that promises to manage energy efficiency upgrades for entire buildings to prepare businesses to be suitable for renewable energy. The startup achieves this through taking care of planning, design, material choosing, and efficiency metering, promising to drive cost-effectiveness throughout the process.
Most businesses are enthusiastic to make the switch to clean energy for the environmental benefit, cost-effectiveness, and benefit to their public image. Redaptive provides a means for businesses both small and large to achieve this through complex planning assistance that would be hard to achieve and afford otherwise.
Benefits
- Medical insurance coverage (medical, dental, vision) starts first day
- Equity
- 401(k) match
- Paid parental leave benefit
- Flexible time away
- 12 company paid holidays
- Remote and hybrid work options
- Monthly stipend for mobile phone and home internet
- Employee referral program
Company values
- All for one, one for all
- Live sustainably
- Diversity matters
- Give away legos
- Play the long game
- Make the gray area your ally
Funding (last 2 of 4 rounds)
May 2023
$50m
SERIES E
Dec 2022
$200m
SERIES E
$426.5m
Total funding
Founders
Arvin Vohra
(CEO)Having studied at UCB, they spent 3 years as a Technology Analyst at Northrop Grumman before 4 years at Lehman Brothers and Barclays Capital. They left their role as VP of Project Finance at Enlighted to co-found Redaptive in July 2014.
John Rhow
(Executive Chairman & President)Studied Economics at Harvard before spending 11 years at Goldman Sachs and moving to Barclays. After a year as a Financing Advisor, they co-founded Redaptive in 2014.
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