Jan 18, 2021

Solstice Power Technologies, Inc., a Cambridge, MA-based software and customer management company, closed a $3.1m funding round.The funding was led by Total Carbon Neutrality Ventures with participation from American Family Insurance Institute for Corporate and Social Impact, Massachusetts Clean Energy Center, Schneider Electric Ventures, Next Wave Impact, Active Impact Investments, Powerhouse Ventures, Gratitude Railroad, H/L Ventures, SustainVC, Halcyon Angels, and other angel investors.The company intends to use the funds to expand operations to additional states in 2021.The company has generated demand for 111MW of clean energy across 25 community renewable projects in multiple states, with the total clean energy capacity from enrolled households, small businesses, and nonprofits representing the environmental equivalent of not burning 31 million pounds of coal.In addition, Solstice’s software manages the end-to-end customer experience for the life of the 20-year renewable energy project on behalf of developers and financiers, from customer enrollment to billing/crediting to ongoing customer engagement. Disclaimer: This story is auto-aggregated & summarized by a computer program and has not been created by StartupAround.