Leading decarbonization firm for commercial real estate owners set to expand its SaaS footprint and project finance and development solutions
MENLO PARK, CA–Gridium, Inc., a decarbonization partner to leading real estate firms, announced total funding of over $14M from investors who see the potential to decarbonize commercial buildings. Lead investor Navitas Capital joined other luminaries from the commercial real estate space—Lincoln Property Company and Tim Naughton, current Chairman and former CEO of AvalonBay—in providing additional equity funding following a year of record revenues across Gridium’s software and decarbonization project financing offerings. This investment will fuel the company’s hiring efforts, scale the software offerings, and bolster strategic partnership opportunities.
