Residential energy services startup Hometree secured $46M
in funding through an oversubscribed Series B round led by 2150 and
Energy Impact Partners, alongside Legal & General Capital.
Hometree intends to use the proceeds to scale the business and
accelerate growth in renewable installation and financing business
streams. The company also acquired the home improvement financing
platform BeWarm for an undisclosed sum.
- New
investors AENU and angel investor Frank Strauss participated in the
funding round, joined by existing backers Inven Capital, CEZ Group, FJ
Labs, and Oxford Capital.
- The current fundraiser brings Hometree's total capital raised to date to $77.9M.
- BeWarm
is a point-of-sale financing platform that partners with local
installers to provide flexible financing, loans, and mortgages for
installing energy equipment, such as boilers or heat pumps.