Raptor Maps, a Boston, MA-based provider solar lifecycle management software, has raised $22M in Series A funding.
The round was led by MacKinnon Bennett & Co., Microsoft Climate Innovation Fund, Blue Bear Capital, DNV, Buoyant Ventures, Congruent Ventures, Data Point Capital and ENGIE New Ventures.
The company plans to use the funds for its rapid hiring plans, including investment in software, product and data science. It also intends to expand its feature-rich product roadmap, which includes more functionality related to workflow automation and work orders, investor reporting, and machine learning insights powered by machine learning.
Led by CEO Nikhil Vadhavkar, Raptor Maps offers software-as-a-service advanced analytics, insights and productivity software for the entire solar lifecycle, from financing and development through operations. Raptor Solar lets utility-scale and C&I solar companies standardize and analyze data, collaborate, optimize PV assets, reduce risk and ultimately lift financial return. Raptor Solar features include a digital twin of the solar sites, an aerial thermal inspection, data standardization, normalization, serial numbers mapping, warranty claim features and equipment records.
Raptor Maps’ insights are powered by machine learning and their industry-leading data model created from over 50 GW of solar power across 40 countries.
Some of the biggest builders, owners and operators in the world include SOLV Energy, Rosendin Electric and Cypress Creek Renewables.