Fundraising Fox

NewSun Road

Richmond, US · 2 known investors

newsunroad.com ↗

New Sun Road builds Stellar, a microgrid energy management platform combining Microgrid OS and Edge hardware that uses IoT data and AI to monitor, control, and optimize power systems such as solar and battery installations. It serves operators of microgrids, including grocery stores and data centers, to reduce utility costs and maintain reliable power across single sites or global fleets.

CleantechEnergyIoT

Founders & leadership

JS
Jalel SagerinFounder
ACAustin Cappon
Austin CapponinNamed on SEC filing
CE
Candice EggerssNamed on SEC filing
AP
Adrienne PierceinNamed on SEC filing
CR
Chad RileyNamed on SEC filing

Board

AK
Andrew KaretskyBoard director

Investors · 2

Blue Bear VenturesSan Francisco · $100K – $400K
Skyview VenturesNashville

Reported raises · per SEC filings

Form D private placements

$5.9M disclosed across 1 round · 2023

▶$5.9MraisedJun 2023 · 25 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jalel SagerDirector
  • Austin CapponDirector
  • Andrew KaretskyDirector
  • Candice EggerssDirector
  • Adrienne PierceExecutive Officer, Director
  • Chad RileyDirector
Offering amount
$6.9M
Amount sold
$5.9M
First sale
May 2023
Incorporated
Corporation, Delaware
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 · 1

by search overlap
AllTrails Exits false8 shared keywordsAllTrails offers a digital platform and mobile app for discovering, mapping, and navigating hiking, biking, and running trails, with detailed trail guides, reviews, and points of interest across national parks, state parks, and cities worldwide. It serves outdoor enthusiasts through free and premium subscription tiers that include offline maps and partner deals on outdoor brands.

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

Frequently asked questions

What does NewSun Road do?
New Sun Road builds Stellar, a microgrid energy management platform combining Microgrid OS and Edge hardware that uses IoT data and AI to monitor, control, and optimize power systems such as solar and battery installations. It serves operators of microgrids, including grocery stores and data centers, to reduce utility costs and maintain reliable power across single sites or global fleets.
Who founded NewSun Road?
NewSun Road was founded by Jalel Sager.
Who are NewSun Road's investors?
NewSun Road's investors include Blue Bear Ventures, Skyview Ventures.
How much funding has NewSun Road raised?
NewSun Road has disclosed $5.9M raised across 1 round.
Where is NewSun Road headquartered?
NewSun Road is headquartered in Richmond, US.