RenewAge, a energy solutions company based in Culver City, is raising $5 million in a Series A round. RenewAge is an innovative Energy Services Company (ESCO) specializing in custom engineered energy solutions for commercial, industrial, retail, and multifamily residential property owners & managers. RenewAge has developed a proprietary energy efficiency cloud based software and hardware control system to manage energy consumption. Founded in 2010, RenewAge is already profitable and hasn't taken in any external money prior to this round, which it plans to put toward building new products and expanding offices in California and U.S cities.
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Sao Paulo, Brazil
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