/Companies

Nectar

YC S23

San Francisco, US · Founded 2022 · 7 employees · Hiring · 19 known investors

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Nectar builds a utility intelligence platform that aggregates energy consumption data from utility bills and online portals to help companies optimize their energy usage and costs. The platform serves organizations seeking to reduce their energy spend and carbon footprint by providing the data infrastructure needed to identify cleaner energy sources and better rates.

Also known as Inc. · Pairly Climate · Pairly Climate, Inc.

Founders & leadership· Y Combinator alumni (S23)

Nectar was founded in 2022 by Allen Wang and Katherine He.

AWAllen Wang
Allen WangCo-FounderAllen studied computer science, electrical engineering, and mathematics at MIT. He previously worked at Scale AI and Google before co-founding Nectar with Katherine.30 Under 30 2026
KHKatherine He
Katherine HeCo-FounderKatherine He holds degrees in computer science and business management from MIT and previously worked at Two Sigma on financial data infrastructure.30 Under 30 2026
AH
Andrew HollisFounder
JH
Jackson HorneFounder
TL
Trevor LarsonFounder
JC
Jesse ChengAccount Executive

Investors · 19

Formus Capitallisted by Formus Capital

How we know: the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

ChinaRock Capital ManagementreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

MenloreportedMenlo Park

How we know: press coverage · Not right? Tell us

The E14 FundreportedCambridge · $1M – $5M

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 3

Companies working in the same space as Nectar.

Legal entities · 1

corporate structure
Pairly Climate, Inc.

In the news

Frequently asked questions

What does Nectar do?
Nectar builds a utility intelligence platform that aggregates energy consumption data from utility bills and online portals to help companies optimize their energy usage and costs. The platform serves organizations seeking to reduce their energy spend and carbon footprint by providing the data infrastructure needed to identify cleaner energy sources and better rates.
Who founded Nectar?
Nectar was founded by Allen Wang, Katherine He in 2022.
Who are Nectar's investors?
Nectar's investors include Collaborative Fund, Eight Capital, Formus Capital, Soma Capital, Twine Ventures, Y Combinator, ChinaRock Capital Management, Climate Capital and 11 more.
Where is Nectar headquartered?
Nectar is headquartered in San Francisco, US.