Redaptive has raised substantial capital through multiple funding rounds, most recently securing $650 million in conventional debt in May 2025. The company, supported by prominent investors including CPP Investments, ATLAS SP Partners, and Deutsche Bank, specializes in Energy-as-a-Service solutions, offering real-time energy analytics, flexible financing, and energy optimization services to commercial and industrial clients.
What Is Redaptive and What Does It Do?
Redaptive, founded by John Rhow and Ryan Martineau in 2015, is a Denver-based Energy-as-a-Service provider focused on improving energy efficiency and sustainability for organizations. The company designs, funds, and installs energy-saving and energy-generating equipment, helping businesses reduce energy waste, cut costs, and lower carbon emissions across their facilities.
With an employee base of 201–500, Redaptive serves a diverse range of commercial and industrial clients. Its platform leverages real-time energy data and analytics to optimize operations, ensuring clients meet both financial and sustainability targets. The company’s emphasis on technological innovation and operational efficiency has positioned it as a leading player in the energy services sector.
How Much Funding Has Redaptive Raised?
1. Debt Financing
- Amount Raised: $15M
- Date: January 2015
- Motivation: To kickstart operations and fund initial projects.
2. Venture Round
- Amount Raised: $20M
- Date: April 2018
- Motivation: To expand service offerings and scale operations.
3. Series C
- Amount Raised: $156.5M
- Date: October 2020
- Lead Investors: AB CarVal Investors
- Motivation: To enhance technology and broaden market reach.
4. Series E
- Amount Raised: $200M
- Date: December 2022
- Lead Investors: CPP Investments
- Motivation: To support growth and expand decarbonization solutions.
5. Corporate Round
- Amount Raised: Not disclosed
- Date: March 2023
- Lead Investors: Honeywell
- Motivation: To form strategic partnerships and enhance service offerings.
6. Series E
- Amount Raised: $50M
- Date: May 2023
- Lead Investors: Linse Capital
- Motivation: To accelerate growth and expand market presence.
7. Debt Financing
- Amount Raised: $250M
- Date: August 2023
- Lead Investors: Deutsche Bank
- Motivation: To fund large-scale projects and enhance financial flexibility.
8. Debt Financing
- Amount Raised: $225M
- Date: April 2024
- Lead Investors: ATLAS SP Partners
- Motivation: To support ongoing projects and expand service capabilities.
9. Private Equity Round
- Amount Raised: $100M
- Date: October 2024
- Lead Investors: CPP Investments
- Motivation: To accelerate growth and enhance service offerings.
Total Funding Raised: $1.0165 Billion
Current Valuation: $1 Billion (as of Dec 2022)
Latest Funding Round: May 2025
Key Investors
1. CPP Investments
- Details: Professional investment management organization managing the Canada Pension Plan funds.
- Investment Focus Areas: Public equities, private equities, real estate, infrastructure, fixed income.
- Notable Investments: Ant Financial, Asurion, GlobalLogic.
2. ATLAS SP Partners
- Details: Financial services firm specializing in strategic capital solutions for growth-stage companies.
- Investment Focus Areas: Energy, technology.
- Notable Investments: Radial Power, Fora Financial, Catalyze, Billd.
3. Deutsche Bank
- Details: Global investment bank headquartered in Frankfurt, Germany.
- Investment Focus Areas: Investment banking, asset management, private and retail banking.
- Notable Investments: AccessFintech, CloudMargin, Deel, Raisin.
4. Linse Capital
- Details: Growth-stage investment firm supporting technology and energy companies.
- Investment Focus Areas: Technology, energy.
- Notable Investments: Skydio, Verkada, Varda, Mythic, Zeromatter.
5. Honeywell
- Details: Multinational conglomerate with operations in aerospace, building technologies, and performance materials.
- Investment Focus Areas: Aerospace, industrial, safety solutions.
- Notable Investments: Acalvio. Grabango, Soft Robotics, Aizon.
Where Is Redaptive’s Headquarters?
Redaptive is headquartered in Denver, Colorado, a strategic location that allows the company to serve commercial and industrial clients efficiently across the U.S. The city’s access to a skilled workforce and energy infrastructure supports Redaptive’s operational and expansion goals.
What’s Next for Redaptive?
Redaptive is poised for significant growth, leveraging a $100 million investment from CPP Investments to scale its energy efficiency projects and enhance its service offerings. With real-time energy analytics and decarbonization solutions at its core, the company aims to expand its footprint across more commercial and industrial clients.
Redaptive may explore further funding opportunities and consider an IPO to strengthen its financial flexibility.
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