BlocPower revenue hit $40.8M in 2024

BlocPower generates revenue from customers

BlocPower

Brooklyn, New York, United States

About Company RevenueTeamFounder/CEOCEO Net Worth

How BlocPower hit $40.8M revenue with a 166 person team in 2023.

BlocPower leverages data, thermodynamic models, structured finance, IoT, and edge computing to enhance the sustainability, intelligence, and well-being of city buildings. In numerous communities, property owners face the challenge of allocating up to 30% of their total income towards energy expenses, often lacking the necessary capital or credit to adopt energy-saving technologies. To address this issue, BlocPower facilitates connections between online investors and micro-finance opportunities for solar and energy efficiency projects. Additionally, BlocPower provides training and employment opportunities for local unemployed individuals to execute the installation of all retrofits. Through its innovative approach, BlocPower aims to significantly expand the reach of energy efficiency solutions within a previously underserved market segment.

Founded

2014

Founded

Revenue

$40.8M

2023 Revenue

YOY

-----

YOY

Funding

$111.4M

Funding

BlocPower Revenue

In 2023, BlocPower revenue run rate hit $40.8M in revenue.

  • 2023

    BlocPower hit $40.8M in revenue in 2023

  • 2014

    BlocPower launched in 2014 with $0 revenue

BlocPower Funding History


No funding has been reported for BlocPower yet.

Team

BlocPower has 166 total employees.

DISTRIBUTION QTY
Total team size 166

Founder / CEO

Donnel Baird

Q&A

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Customers

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BlocPower Executives

Name Position Working Email Personal Email
Donnel Baird CEO - -

BlocPower Employees

Name Position Working Email Personal Email
Donnel Baird CEO - -

Frequently Asked Questions about BlocPower

  • When was BlocPower founded?

    BlocPower was founded in 2014.

  • How much revenue does BlocPower generate?

    BlocPower generates $40.8M in revenue.

  • Who is the CEO of BlocPower

    The CEO of BlocPower is Donnel Baird.

  • How much funding does BlocPower have?

    BlocPower raised $111.4M.

  • How many employees does BlocPower have?

    BlocPower has 166 employees.

  • Where is BlocPower headquarters?

    BlocPower is headquartered at Brooklyn, New York, United States

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