BlocPower
$175Mtotal raised · 2 rounds on record
$150Mlatest round · Venture round · Mar 2023 · 3 yr ago
3backers · Cleo Capital, MaC Venture Capital
11stories in the press
Overview
BlocPower is a Brooklyn climate technology company founded in 2014 that electrifies older urban buildings. Its software models building energy use and its financing structure lets owners pay for heat pump retrofits over time. The company focuses on low and middle income neighbourhoods that conventional retrofit finance overlooks.
Funding and backers
Total raised
$175M
2 rounds on record
Latest round
$150M
Venture round · Mar 2023 · 3 yr ago
Backers
3
Cleo Capital, MaC Venture Capital
The money's age
Long since its last round
44 months since the last round · not hiring
Momentum
0/100
no fresh signals
Last sign of life
2 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Mar 8, 2023
Raised a round Venture round $150M · achrnews
Mar 3, 2023
Raised a round Venture round $25M · TechCrunch
2014
Founded
Tractionpublic signals, read monthly
Web presence
top 0.32%
of 133.2M domains by links, Common Crawl
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Mar 2023 | $150M | — | achrnews |
| Venture round | Mar 2023 | $25M | — | TechCrunch |
Registers and programsofficial lists and records that name the company
| Legal entity | BlocPower Energy Services 3 LLC | SEC Form D |
Backed byfrom the funds' portfolios and accelerator catalogs
Cleo Capital 
MaC Venture Capital 
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Visa sponsorship
1
H-1B filings in 12 months
$93k
Median offered salary
0
Open roles in United States
Who they sponsor
Financial and investment analysts
1
In the register as BlocPower LLC, Brooklyn, NY (+1 more)
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US Department of Labor · latest filing Nov 14, 2025 · Visa details by country
Connections
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News
BlocPower promised to help electrify Ithaca. Now it has ended its support.
In 2021, the small city of Ithaca announced it would electrify all of its 6,000 buildings with the help of one key partner: a technology company called BlocPower, whose then-CEO Donnel Baird said the company would make the mass electrification process fas
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BlocPower promised to help electrify Ithaca. Now it has ended its support
The technology company said it would help make Ithaca the first fully-electrified city in the U.S. It left town after initiating only 14 electrification projects.
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BlocPower promised to help electrify Ithaca. Now it has ended its support
The technology company said it would help make Ithaca the first fully-electrified city in the U.S. It left town after initiating only 14 electrification projects.
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Report
How BlocPower's Donnel Baird developed a new model for green cities (Cornell Tech @ Bloomberg)
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A climate tech CEO took calls from an airplane bathroom to try and save his company when his bank collapsed
Donnel Baird, the founder and CEO of BlocPower, had to verbally confirm wire transfers out of SVB and First Republic during a transatlantic flight.
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BlocPower Announces $150M in Financing for Building Decarbonization in Low-Income Communities
BlocPower, a climate technology company focused on greening America
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Energy efficiency startup BlocPower raises $25M
The Inflation Reduction Act will ramp up demand for heat pumps and home electrification. BlocPower's platform can help make energy retrofitting more accessible.
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Report
BlocPower raises funding to expand green building retrofits
The Brooklyn-based firm will use the money to expand its services to add climate-friendly appliances to commercial and residential spaces
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Report
Donnel Baird Raised Over $100 Million For BlocPower By Discovering The Right Problem To Solve
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BlocPower wants to evict fossil fuels one building at a time
BlocPower launched in 2014 with the goal of replacing fossil fuel-burning heating and cooling systems with cleaner, more efficient green energy solutions.
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Offices
Where the company hires and what each office is for
Cities
2
Hiring now
0
Countries
1
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Headquarters
Builds here
Office with open vacancies
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New York
United States
HQ
Brooklyn
United States
Regional office
Let's connect.
367 St Marks Ave #1071, Brooklyn, NY 11238