New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’

New York’s David Energy has raised $4.1 million to ‘build the Standard Oil of renewable energy’

3 years ago
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https://techcrunch.com/2021/02/09/new-yorks-david-energy-has-raised-4-1-million-to-build-the-standard-oil-of-renewable-energy/

“We intend to build the Standard Oil of renewable energy,” said James McGinniss, the co-founder and chief executive of David Energy, in a statement announcing the company’s new $19 million seed round of debt and equity funding. 

McGinniss’ company is aiming to boost renewable energy adoption and slash energy usage in the built environment by creating a service that operates on both sides of the energy marketplace.