Omnidian finishes series A…

Omnidian today announced a successful $15 million capital raise. The round was led by IA Capital, a New York-based insurtech venture capital firm. Additional investors in the round include the venture arms of major utilities Evergy, National Grid (National Grid Partners) and Avista Corp, as well as investments from Blue Bear Capital, Congruent Ventures and City Light Capital.. With this injection of capital, Omnidian will continue to support its multiple Fortune 1000 clients’ residential lease portfolios and grow its Elite Dealer Program, which allows residential solar dealers to include Omnidian’s comprehensive system protection and cash-back performance guarantees for all cash and loan customers for just $300 for the first year.

SOURCE: PV Magazine – https://pv-magazine-usa.com/2019/06/26/omnidian-finishes-series-a-turtle-tackles-storage-pvmb-6-26-19