Seattle Solar-Services Startup Omnidian Raises $15M to Fuel Growth | Seattle Business Magazine
The company plans to use the funding to expand its reach in the multibillion-dollar U.S. solar energy market
Seattle-based Omnidian has raised $15 million through a venture capital funding round that will allow it to expand its solar-energy system performance guarantee program, which offers homeowners and business owners assurance that their expensive solar investments will perform as promised.
The funding round was led by New York venture capital firm IA Capital with additional investors including the venture affiliates of utilities Evergy, National grid and Avista Corp., along with several other investment funds. The U.S. solar panel market is projected to be worth nearly $23 billion by 2025, according to a report by Hexa Research.
Read the full story at Seattle Business Magazine: Seattle Solar-Services Startup Omnidian raises $15M to Fuel Growth