Tech Company Financing Transactions
Geli Funding Round
Geli, operating out of San Francisco, secured $7 million from Shell Technology Ventures.
Transaction Overview
Company Name
Announced On
4/19/2016
Transaction Type
Venture Equity
Amount
$7,000,000
Round
Series A
Investors
Proceeds Purpose
Dan Loflin, Geli's president and COO, said the funding will allow the company to bring on more hardware vendors as partners, build its energy analytics and aggregation capabilities, and scale to keep pace with market demand.
Company Information
Company Status
Private & Independent
Industry
Alternative Energy
Mailing Address
111 New Montgomery St. 500
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Geli, which stands for Growing Energy Labs, Inc., provides software and business solutions to design, connect, and operate energy storage and microgrid systems.
Management Team
Title
Name
Email & Social
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Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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