Tech Company Financing Transactions

Power2Switch Funding Round

Power2Switch, operating out of Chicago, scored $1.3 million in funding from Chicago Ventures, Hyde Park Angels and New World Ventures.

Transaction Overview

Company Name
Announced On
12/6/2011
Transaction Type
Venture Equity
Amount
$1,300,000
Round
Undisclosed
Investors

Chicago Ventures (Lead Investor)

Hyde Park Angels (Lead Investor)

New World Ventures (Lead Investor)

OCA Ventures (Lead Investor) (David Zyer)

Proceeds Purpose
Power2Switch will use the financing to hire additional employees, accelerate sales and marketing, and expand the business.

Company Information

Company Status
Acquired or Merged
Industry
Internet & IoT
Mailing Address
820 W Jackson Blvd. 700
Chicago, IL 60607
USA
Email Address
Not Recorded
Overview
Power2Switch empowers both households and businesses by providing access to practical information and continuing education, enabling our clients to make smart, cost-effective, and sustainable decisions about energy usage.
Profile
Power2Switch LinkedIn Company Profile
Social Media
Power2Switch Company Twitter Account
Company News
Power2Switch News
Facebook
Power2Switch on Facebook
YouTube
Power2Switch on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Seyi Fabode
  Seyi Fabode LinkedIn Profile  Seyi Fabode Twitter Account  Seyi Fabode News  Seyi Fabode on Facebook
Chief Marketing Officer
Suzanne El-Moursi
  Suzanne El-Moursi LinkedIn Profile  Suzanne El-Moursi Twitter Account  Suzanne El-Moursi News  Suzanne El-Moursi on Facebook
Chief Operating Officer
Phil Nevels
  Phil Nevels LinkedIn Profile  Phil Nevels Twitter Account  Phil Nevels News  Phil Nevels on Facebook
VP - Bus. Development
Jamail Carter
  Jamail Carter LinkedIn Profile  Jamail Carter Twitter Account  Jamail Carter News  Jamail Carter on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/6/2011: HealthTap venture capital transaction
Next: 12/7/2011: Uber venture capital transaction

 

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Where The Data Comes From

We do our best to document every notable VC transaction. VC investment data records reported here are derived from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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