Fundraising Fox

Cambio

YC S22

San Francisco, US · Founded 2022 · 60 employees · Hiring · 14 known investors

Cambio provides a platform for sustainability compliance, reporting, and retrofit planning across commercial real estate portfolios. The company serves institutional investors managing large property portfolios and helps decarbonize commercial buildings through data-driven planning and execution.

Founders & leadership· Y Combinator alumni (S22)

Cambio was founded in 2022 by Leia de Guzman, Stephanie Grayson, and Kevin Hartley.

LDLeia de Guzman
Leia de GuzmaninCo-FounderShe previously held the role of Investments Director at Oxford Properties/OMERS covering Europe and Asia, and studied environmental science and business at Queen's University before earning an MBA from Stanford University.
SGStephanie Grayson
Stephanie GraysoninCo-Founder & Co-CEOShe previously worked as a commercial real estate investor at KKR and Goldman Sachs, and holds degrees in Government and Economics from Harvard University and an MBA and Masters in Sustainable Built Environment from Stanford University.
KH
Kevin HartleySole Manager of the Issuer
LLeon
LeoninHead of Engineering

Investors · 14

Also in the syndicate · 5

EGR PartnersEncurage Financial NetworkEnvisantSandhill CapitalY Combinator (YC)

Funding

SEC filings, press & company announcements

$10.7M disclosed across 2 of 4 rounds · 2021–2025

$9.7MraisedMar 2026 · 13 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin HartleyExecutive Officer, Director
Offering amount
$12M
Amount sold
$9.7M
Sales commissions
$360K
Placement agents
Securities Club Broker-Dealer, LLC
First sale
Oct 2025
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$5.5MofferedMay 2025 · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin HartleyExecutive Officer, Director
Offering amount
$5.5M
Incorporated
Limited Liability Company, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1MraisedJul 2021 · 9 investors · Other
Rule 506(b)
Officers, directors & promoters on the filing
  • Kevin HartleyExecutive Officer, Director
Offering amount
$1.3M
Amount sold
$1M
First sale
Jul 2021
Incorporated
Limited Liability Company, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 2

by search overlap

Companies competing with Cambio for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Cambio do?
Cambio provides a platform for sustainability compliance, reporting, and retrofit planning across commercial real estate portfolios. The company serves institutional investors managing large property portfolios and helps decarbonize commercial buildings through data-driven planning and execution.
Who founded Cambio?
Cambio was founded by Leia de Guzman, Stephanie Grayson, Kevin Hartley in 2022.
Who are Cambio's investors?
Cambio's investors include Adverb Ventures, Maverick Ventures, The MBA Fund, Y Combinator, Builders, DVC, Goodwater Capital, Leonis Investissement and 1 more.
How much funding has Cambio raised?
Cambio has disclosed $10.7M raised across 2 of its 4 known rounds.
Where is Cambio headquartered?
Cambio is headquartered in San Francisco, US.