CapeZero, a NYC-based provider of a software platform that streamlines financial workflow for clean energy developers, raised $2.6M in Seed funding.
The round was led by Powerhouse Ventures, with participation from Climactic, Avesta Fund, Virta Ventures, and Stepchange.
The company intends to use the funds to further enhance the product development and market expansion of its software.
Led by CEO Manish Hebbar, and CTO Sumit Chachra, CapeZero provides a software platform that empowers clean energy developers to navigate tax equity and tax credit financing by streamlining financial models, providing real-time scenario analysis, and standardizing analytics, and enabling project finance teams to move 50-75% faster on deals.