Today, I’m excited to announce Powerhouse Ventures’ newest portfolio company, Rock Rabbit, which is driving decarbonized home upgrades by making incentives more transparent and accessible. Every year utilities, states, and municipalities spend billions of dollars promoting energy upgrades like energy efficiency and electrification, however accessing and distributing these incentives is time consuming, confusing, and costly for customers, contractors, and the incentive providers themselves. With an integrated platform and multi-sided app, Rock Rabbit makes rebate identification and management easy for contractors and homeowners, while helping incentive providers improve their programs’ equity outcomes and reduce program costs. Powerhouse Ventures is proud to lead Rock Rabbit’s $3.1M seed round, with co-investors Better Ventures, MUUS Climate Partners, and Kailua Ventures, as well as a syndicate of strategic individuals. We look forward to working with CEO Aimee Gotway Bailey, PhD, CTO Riyad Muradov, and the entire Rock Rabbit team as they promote home energy efficiency and decarbonization. Thanks to Katie Fehrenbacher at Axios for covering Rock Rabbit's seed round: https://lnkd.in/gTMVVmjy #decarbonization #electrification #venturecapital #climatetech
Congratulations on the exciting announcement! Rock Rabbit's mission to drive decarbonized home upgrades by streamlining incentives is both timely and impactful. By simplifying the process for contractors and homeowners while enhancing equity outcomes for incentive providers, Rock Rabbit is poised to catalyze significant positive change in the energy efficiency sector. Powerhouse Ventures' investment in Rock Rabbit's $3.1M seed round reflects a shared commitment to advancing sustainable solutions. Looking forward to seeing the transformative impact of CEO Aimee Gotway Bailey, PhD, CTO Riyad Muradov, and the entire Rock Rabbit team.
Couldn't be more excited, Emily Kirsch and Powerhouse, to have you as our lead! Looking forward to all the adventure and impact ahead.
Fantastic investment by Powerhouse in an innovative company helping to lead the transition to carbon neutral. What a great summary and recognition for Rock Rabbit.
Emily, so excited to be joining the round and supporting Rock Rabbit and Aimee with you all !
Save the world!
Love this! This type of software is desperately needed in the residential clean energy market. Would be very interested in providing my guidance.
Emily - I'd enjoy an introduction to them if they are also working with commercial building owners. As we at SolaBlock are launching this year, this could be very helpful to us!
Welcome to the Powerhouse portco crew!
Congrats Aimee Gotway Bailey, PhD. Looking forward to see Rock Rabbit grow 🚀🌙
Investor at Powerhouse
8moWoohoo! Let's go!