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§ Private Profile · New York City, NY, USA
AI-driven platform and services for renewable energy project development, financing, and operations, focused on solar and storage.
Based in Minnesota, United States, Euclid Power provides an AI-driven software platform and full-suite services for renewable energy project development, financing, and operations. The company's technology is designed to streamline complex diligence timelines and reduce project delays across the solar and storage lifecycle. To date, the software system has supported more than 1,000 renewable energy projects representing 12 gigawatts of capacity and $10 billion in total asset value. The platform serves independent power producers, developers, and institutional investors, with a corporate customer base that includes Apollo Global Management, UBS, and Catalyze. Operating with a dedicated workforce of over 100 employees, the enterprise recently secured a $20 million Series A funding round led by Venrock, alongside additional investments from HSBC Asset Management. Euclid Power was founded in 2021 by Jacob Sandry, Ryan Guay, and Brian DeMaio.
Euclid Power has raised $20.0M across 1 funding round.
Euclid Power has raised $20.0M in total across 1 funding round.
Euclid Power has raised $20.0M in total across 1 funding round.
Euclid Power's investors include Venrock, Spero Ventures, Commonweal Ventures, Designer Fund, HSBC, Toba Capital.
Euclid Power is a renewable energy software and services company founded in 2021 that builds an AI-powered operating system and full-suite platform to streamline the development, diligence, execution, and asset management of solar, storage, and other renewable energy projects.[1][2][3][4] It serves renewable energy developers, investors, utilities, and technology integrators by solving chaotic manual workflows—replacing Excel, lost emails, and fragmented data rooms with automated data structuring, compliance tracking, and end-to-end project outcomes, enabling teams to accomplish in days what once took weeks.[3][4][5] The company has demonstrated strong growth momentum, onboarding over 12 gigawatts of solar and storage capacity, supporting $10 billion in investments across 1,000+ projects, and powering deals like UBS's 1.5 GWh energy storage portfolio managing $750 million in capital.[2][5]
Euclid Power was founded in 2021 in Bloomington, Minnesota, by renewable energy veterans who had spent years developing, financing, and building projects themselves, experiencing firsthand the inefficiencies of manual processes like disorganized documentation and stakeholder coordination.[1][4] Drawing from their expertise in renewables, software, product development, and project management, the team created Euclid to "empower renewable energy teams to deliver more projects with greater speed, precision, and ease," guided by a mission to decarbonize the planet through better tools.[3][4] Early traction came quickly: the company has since driven over 3 GW of renewable capacity across hundreds of projects and become trusted by major solar investors and utilities, evolving from services into a full AI-enabled platform.[2][3]
Euclid Power rides the explosive growth of renewable energy deployment, fueled by AI data center demand, energy transition mandates, and regulatory shifts like expanded compliance under recent U.S. policies, which amplify the need for scalable automation amid 50x project volume surges.[2][4] Its timing is ideal as the industry shifts from manual chaos to software-driven efficiency, much like social media or ads, positioning Euclid as essential infrastructure for abundant clean energy.[2][3] By enabling faster project delivery and $10B+ investments, it influences the ecosystem as a force multiplier for developers and investors, accelerating decarbonization while supporting grid reliability through storage and solar scale-up.[1][2][5]
Euclid Power is poised to dominate as the "operating system" for renewables, with its Series A funding from AI-focused investors signaling acceleration toward handling even larger portfolios amid rising AI energy needs and policy-driven buildouts.[2] Trends like stricter compliance, AI workflow automation, and hyperscale data center power demands will propel its growth, potentially expanding into new asset classes like low-carbon fuels or transmission.[2][4] Its influence will evolve from project enabler to industry standard-setter, tying back to its origins: by fixing the pains renewable veterans knew too well, Euclid ensures more projects get built faster, powering a cleaner, more prosperous energy future.[3][4]
Euclid Power has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series A in September 2025.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Sep 1, 2025 | $20M Series A | Venrock | Spero Ventures, Commonweal Ventures, Designer Fund, HSBC, Toba Capital | Announced |