ComboCurve sent an announcement of the raise of $50 million through a Series B funding round they made. Led by Dragoneer Investment Group and Bessemer Venture Partners. It´s important to mention this announcement came after the one made six months ago about a Series A funding made by the Company.
More about ComboCurve and its announcement
It is the number one choice for large energy companies. Also, a smart, scalable energy tech company.
The energy analytics cloud-based operating platform that provides the decision-makers the ability to value assets.
They de-risk decisions and save time. It is possible thanks to a cloud-based collaborative and intuitive platform.
“ComboCurve is in the early innings of building a truly enduring franchise that is rapidly becoming the software backbone of their customers’ day-to-day operations,” said Christian Jensen, Partner at Dragoneer Investment Group. “We are excited to partner with Armand and his world-class team as they continue to deepen their suite with existing customers and expand their platform into renewables, emissions reporting, and all corners of the energy market.”
ComboCurve is the fastest growing technology company, thanks to the Series B capital raise. That is now a reality for the Company.
This additional capital will give the Company an accelerating boost. In that way, the Company will expand to other workflows, such as greenhouse gas emission forecasting, scheduling, and modeling renewable energy sources. All that while accelerating the core product enhancements.
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The Company became the energy platform of choice since last year´s Series A. As a result, they have a boost of 650% year-over-year growth. Also, they have more than 170 customers with a collective enterprise value exceeding $600 billion.
That is how ComboCure was named “Disruptive Technology of the Year” in the 2021 Northam Royalties Assembly Awards.
“ComboCurve was created to solve critical pain points, helping energy companies better manage their forecasting, valuation, reporting, and decision-making functions,” said Armand Paradis, CEO, and Co-Founder, ComboCurve. “Our solution has resulted in widespread adoption by many of the world’s leading energy companies. This investment led by Dragoneer and Bessemer, two of the world’s leading technology investment firms, will enable us to engage with other energy companies to operate more efficiently.”
