David Energy
New York, US · Delaware corporation · 10 known investors
David Energy builds technology to enable electricity grids powered by 100% clean, renewable energy. The company serves residential and business customers seeking to transition away from fossil fuel-dependent electricity systems.
Founders & leadership
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James McGinnissExecutive Officer, Director30 Under 30 2021
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Ahmed SalmanExecutive Officer
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Brian MaxwellExecutive Officer, Director
Investors · 10
Cathay InnovationParis · $5M – $40M
Designer FundSan Francisco · $100K – $1M
Equal VenturesNew York · $2M
Great Oaks Venture CapitalNew York · $50K – $500K
JetstreamSan Francisco
Lorimer VenturesBrooklyn · $50K – $300K
Oceans VenturesNew York
Sur Ventures$50K – $700K
Toba CapitalIrvine · $1M – $10M
Union Square Ventures (USV)New York · $1M – $20M
Reported raises · per SEC filings
Form D private placements▶$15.9MraisedMay 2024 · 13 investors · Other EnergyRule 506(b)
▶$15.9MraisedMay 2024 · 13 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- JAMES MCGINNISSExecutive Officer, Director
- SAM STRASSERExecutive Officer
- BENJAMIN BIRNBAUMDirector
- CHAITU PARIKHExecutive Officer
- BRIAN MAXWELLDirector
- Offering amount
- $25M
- Amount sold
- $15.9M
- First sale
- Apr 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$20.5MraisedMar 2022 · 19 investors · Other EnergyRule 506(b)
▶$20.5MraisedMar 2022 · 19 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- Brian MaxwellExecutive Officer, Director
- Rick ZulloDirector
- Benjamin BirnbaumDirector
- Ahmed SalmanExecutive Officer
- James McGinnissExecutive Officer, Director
- Offering amount
- $20.5M
- Amount sold
- $20.5M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b
▶$1.8MraisedDec 2019 · 20 investors · Other EnergyRule 506(b)
▶$1.8MraisedDec 2019 · 20 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- James McGinnissExecutive Officer, Director
- Ahmed SalmanExecutive Officer
- Brian MaxwellExecutive Officer, Director
- Offering amount
- $1.8M
- Amount sold
- $1.8M
- First sale
- May 2019
- Incorporated
- Corporation, Delaware, 2019
- Federal exemptions
- 06b, 4a5
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
- Behind the Term Sheet: David Energy’s $23M Series A | by Cathay Innovation | Cathay Innovation | Mediummedium.com · 2024
- David Energy Raises $23 Million to Run the Grid 24/7/365 on Clean Energyprnewswire.com · 2024
- David Energy Raises $20.5M in Series A Financingfinsmes.com · 2022
- David Energy Raises $19 Million to Transform Aging Power Sector - Business Insiderbusinessinsider.com · 2021
- New York's David Energy has raised $4.1 million to 'build the Standard Oil of renewable energy' | TechCrunchtechcrunch.com · 2021