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Total amount raised
$1.66B
Latest funding date
2025-12-17
Location
Redaptive has successfully raised funding over 11 rounds, with the latest being a Debt Financing round. The company is backed by 15 investors, including La Caisse and Nuveen.
Keep reading to explore the intricacies of Redaptive's fundraising journey and the investors supporting this innovative platform.
Redaptive has raised funding across 10 confirmed rounds, backed by 15+ investors including CPP Investments, CDPQ, Nuveen, Deutsche Bank, Linse Capital, CarVal Investors, Honeywell, CBRE, and ENGIE New Ventures.
Keep reading to explore Redaptive's full fundraising journey.
What Is Redaptive?
Redaptive is a Denver, Colorado-based Energy-as-a-Service (EaaS) provider founded in 2015. The company funds and installs energy-saving and energy-generating equipment — including HVAC, LED lighting, solar, and EV infrastructure — with no upfront CapEx required from customers. Redaptive serves Fortune 500 commercial and industrial enterprises, helping them reduce energy waste, lower carbon emissions, and save money across distributed, multi-site portfolios.
How Much Funding Has Redaptive Raised?
- Debt Financing (Initial Facility)
- Amount Raised: USD 15,000,000
- Date: December 2014
- Lead Investors: Undisclosed
- Series B
- Amount Raised: USD 19,999,951
- Date: April 2018
- Lead Investors: Undisclosed; participants include CBRE, ENGIE New Ventures, Evergy Ventures, Linse Capital
- Series C
- Amount Raised: USD 156,500,000
- Date: October 2020
- Lead Investors: CarVal Investors (now AB CarVal Investors); participants include CBRE, ENGIE New Ventures, Evergy Ventures, Linse Capital
- Series E
- Amount Raised: USD 200,000,000
- Date: December 2022
- Lead Investors: CPP Investments
- Corporate Round
- Amount Raised: Undisclosed
- Date: March 2023
- Lead Investors: Honeywell (strategic investment)
- Series E Extension
- Amount Raised: USD 50,000,000
- Date: May 2023
- Lead Investors: Linse Capital; participants include CPP Investments (bringing total Series E to $250M)
- Debt Financing
- Amount Raised: USD 125,000,000 (expanded to $250M in May 2024)
- Date: August 2023
- Lead Investors: Deutsche Bank (US Private Credit & Infrastructure); subsequently joined by Rabobank and Mitsubishi HC Capital America
- Debt Financing (Warehouse Facility)
- Amount Raised: USD 225,000,000
- Date: April 2024
- Lead Investors: ATLAS SP Partners
- Private Equity Round
- Amount Raised: USD 100,000,000
- Date: October 2024
- Lead Investors: CPP Investments
- Debt Financing (Credit Facility)
- Amount Raised: USD 650,000,000
- Date: May 2025
- Lead Investors: CDPQ and Nuveen (investment manager of TIAA)
- Debt Financing (ABS Securitization)
- Amount Raised: USD 216,000,000
- Date: December 2025
- Lead Investors: Structured and underwritten by Deutsche Bank Securities Inc. (investors undisclosed — private placement)
Total Amount Raised: At least $1.657B based on disclosed funding (excludes undisclosed Honeywell corporate round amount).
Key Investors
- CPP Investments (Canada Pension Plan Investment Board)
- Details: CPP Investments is one of Redaptive's most significant backers, leading the initial Series E round in December 2022 ($200M) and making an additional $100M equity investment in October 2024. The Canadian pension fund has been attracted to Redaptive's scalable EaaS platform and decarbonization mission.
- CDPQ and Nuveen
- Details: CDPQ (a global investment group) and Nuveen (investment manager of TIAA) jointly provided a $650M credit facility in May 2025, representing one of the largest financing rounds in the clean energy services sector.
- Deutsche Bank
- Details: Deutsche Bank's US Private Credit & Infrastructure group arranged Redaptive's $125M debt facility in August 2023 (subsequently expanded to $250M), and structured the inaugural $216M ABS securitization in December 2025.
- ATLAS SP Partners
- Details: ATLAS SP Partners provided a $225M warehouse financing facility in April 2024, enabling Redaptive to launch an equipment financing solution including leases and loans.
- CarVal Investors (AB CarVal Investors)
- Details: Led Redaptive's $156.5M Series C round in October 2020, a pivotal funding event that accelerated Redaptive's market expansion and business model evolution.
- Linse Capital
- Details: A long-standing investor in Redaptive, participating in the Series C and leading the $50M Series E extension in May 2023.
- Honeywell
- Details: Made a strategic corporate investment in Redaptive in March 2023 (amount undisclosed) to accelerate collaboration on Energy-as-a-Service contracting in the private sector.
- CBRE and ENGIE New Ventures
- Details: Early investors in Redaptive, participating in rounds from Series B through Series C, supporting the company's growth as an energy efficiency platform.
What's Next for Redaptive?
Redaptive is positioned to continue scaling its Energy-as-a-Service platform as demand for energy efficiency and decarbonization solutions grows among Fortune 500 enterprises. The company's robust funding history and blue-chip investor base suggest a continued trajectory of expansion, with potential future milestones including further geographic diversification, product innovation, and possibly a public listing.
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