Tech Company Financing Transactions
Budderfly Funding Round
Budderfly, operating out of Shelton, secured $55 million from Balance Point Capital and Connecticut Innovations.
Transaction Overview
Company Name
Announced On
6/27/2019
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$55,000,000
Round
Undisclosed
Investors
Balance Point Capital (Lead Investor) (Seth Alvord)
Proceeds Purpose
This funding will be used to scale customer project installations, accelerate Budderfly's go-to-market efforts and expand product growth.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
2 Trap Falls Rd. 500
Shelton, CT 06484
USA
Shelton, CT 06484
USA
Phone
Website
Email Address
Overview
Budderfly is disrupting the energy industry by leading the digital transformation of energy consumption through its unique Energy-as-a-Service model.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Al Subbloie
Chief Financial Officer
Peter Dacey
VP - Bus. Development
Matthew Nemerson
VP - Customer Service
Paul Schmidt
VP - General Counsel
Thomas Flynn
VP - Operations
Lee Kaufman
VP - Product Management
Chris DeBenedictis
VP - Sales
William Lynch
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Next: 6/27/2019: Carbon venture capital transaction
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Where The Data Comes From
We report on funding rounds that are announced publicly. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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