BlocPower: Funding, Investors & Team (Oct 2026)
BlocPower is an energy technology startup that develops healthier, greener, and smarter buildings. It leverages advanced technologies, innovative electrification equipment, and structured finance to provide green heating and cooling to urban buildings. The company also connects government agencies, utilities, building owners, and smart equipment providers to identify unhealthy, energy-wasting buildings to retrofit. Its propriety machine learning platform then determines which retrofits will produce the most energy savings at scale and uses the cloud and IoT to gather data and remotely monitor energy consumption. Since its founding, BlocPower has completed energy projects in nearly 1,000 buildings and delivers results ahead of schedule and under budget. It utilizes its proprietary software for analysis, leasing, project management, and monitoring of urban clean energy projects and its customers are saving 20-40% on their energy bills each year. The company is backed by top investors, including Kapor Capital, Andreessen Horowitz, American Family Insurance Institute for Corporate and Social Impact, AccelR8, The Goldman Sachs Urban Investment Group, Elemental Excelerator, CityRock Venture Partners, The Schmidt Family Foundation, and Salesforce Ventures. Donnel Baird and Morris Cox co-founded the company in Brooklyn, New York in 2014.
BlocPower has raised $35.5M across 2 funding rounds on record, the most recent an undisclosed round of $30.0M announced in Jan 2022.
That round is above the $15M median round size for Energy companies tracked on FundedIQ over the last two years.
BlocPower Company Profile and Key Stats
Latest funding round on record: Jan 2022.
BlocPower Funding Rounds
BlocPower raised $5.5M in a Grant announced in Dec 2021.
1 month later, an undisclosed round of $30.0M was announced in Jan 2022.
BlocPower Founders and Leadership Team
Contact details for the BlocPower team: 1 of 1 has an email address on file.
Start 14-day free trial →BlocPower Funding Compared to Other Energy Startups
BlocPower's latest round of $30.0M is above the median round in Energy. Medians cover the last 24 months of disclosed rounds.
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BlocPower Funding FAQs
What does BlocPower do?
BlocPower is an energy technology startup that develops healthier, greener, and smarter buildings. It leverages advanced technologies, innovative electrification equipment, and structured finance to provide green heating and cooling to urban buildings. The company also connects government agencies, utilities, building owners, and smart equipment providers to identify unhealthy, energy-wasting buildings to retrofit. Its propriety machine learning platform then determines which retrofits will produce the most energy savings at scale and uses the cloud and IoT to gather data and remotely monitor energy consumption. Since its founding, BlocPower has completed energy projects in nearly 1,000 buildings and delivers results ahead of schedule and under budget. It utilizes its proprietary software for analysis, leasing, project management, and monitoring of urban clean energy projects and its customers are saving 20-40% on their energy bills each year. The company is backed by top investors, including Kapor Capital, Andreessen Horowitz, American Family Insurance Institute for Corporate and Social Impact, AccelR8, The Goldman Sachs Urban Investment Group, Elemental Excelerator, CityRock Venture Partners, The Schmidt Family Foundation, and Salesforce Ventures. Donnel Baird and Morris Cox co-founded the company in Brooklyn, New York in 2014.
How much funding has BlocPower raised?
BlocPower has raised $35.5M across 2 rounds on record. The most recent is an undisclosed round of $30.0M announced in Jan 2022.
When did BlocPower last raise funding?
BlocPower's most recent funding round on record is an undisclosed round of $30.0M, announced in Jan 2022.
Who is the CEO of BlocPower?
Donnel Baird is listed as CEO at BlocPower.
Where is BlocPower headquartered?
BlocPower is based in Brooklyn, New York, United States.
How many employees does BlocPower have?
BlocPower is in the 51-100 employee band.
How does BlocPower's funding compare to other Energy startups?
BlocPower's latest round of $30.0M is above the $15M median round size for Energy companies on FundedIQ across 2,284 tracked companies over the last two years.
About FundedIQ's BlocPower Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for BlocPower is left off this page rather than filled in.
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