Boston-based Energetic Insurance has raised $2.5M in a funding round led by Congruent Ventures, with participation from Clocktower Technology Ventures and Powerhouse Ventures. The company also launched its flagship product, EneRate Credit Cover®, a credit insurance policy designed to mitigate default risk for commercial solar projects. Backed by SCOR Global P&C, this policy addresses the financing challenges faced by developers working with businesses lacking public credit ratings, unlocking new opportunities in the renewable energy market.
Learn more about this funding and product launch here.
Energetic Insurance Raises $2.5M to Expand Solar Financing Solutions
Boston-based Energetic Insurance has raised $2.5M in a funding round led by Congruent Ventures, with participation from Clocktower Technology Ventures and Powerhouse Ventures. The company also launched its flagship product, EneRate Credit Cover®, a credit insurance policy designed to mitigate default risk for commercial solar projects. Backed by SCOR Global P&C, this policy addresses the financing challenges faced by developers working with businesses lacking public credit ratings, unlocking new opportunities in the renewable energy market.
Learn more about this funding and product launch here.
