BlocPower is a climate technology company focused on greening America's buildings by replacing fossil fuel-based systems with energy-efficient, all-electric technology. The company utilizes proprietary software for analysis, leasing, project management, and monitoring to upgrade homes and buildings with heat pumps, solar panels, and other electric appliances. BlocPower's solutions enable building owners to reduce energy costs by 20-40% annually while significantly lowering greenhouse gas emissions.
Founded in 2014 in Brooklyn, New York, BlocPower has completed over 5,000 projects across the US as of March 2023. The company's BlocMaps SaaS analytics platform leverages data and algorithms to identify buildings suitable for electrification and provide personalized decarbonization plans. BlocPower is partnering with municipalities like Ithaca, New York, and Menlo Park, California, to support their net-zero emission goals through city-scale electrification initiatives.
In its efforts to develop a green workforce, BlocPower launched the Civilian Climate Corps program, training individuals from underserved communities for clean energy jobs. The company has raised over USD 250 million in funding from investors such as VoLo Earth Ventures, Goldman Sachs, Microsoft's Climate Innovation Fund, and the Bezos Earth Fund to accelerate building decarbonization nationwide.
By using this site, you agree to allow SPEEDA Edge and our partners to use cookies for analytics and personalization. Visit our privacy policy for more information about our data collection practices.