Purposeenergy
US-based, US · Founded 2007 · Delaware corporation · 1 known investors
Find your way into Purposeenergy
212 people in our graph share verified history with the Purposeenergy team — schools, employers, funds. One of them is your warm intro.
Wesley Chanunlockedknows Eric Fitch · together at Massachusetts Institute of Technology (overlapped)
×11knows the team · via Massachusetts Institute of Technology
PurposeEnergy develops wastewater treatment and biogas solutions that convert organic waste from food and beverage producers into renewable fuels and electricity. The company helps industrial clients reduce compliance costs and greenhouse gas emissions from waste streams.
Founders & leadership
Purposeenergy was founded in 2007 by Eric Fitch.
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Eric FitchinFounder and CEOEric Fitch brings over 20 years of experience across early-stage, venture-backed technology companies in biotech, healthcare, consumer electronics, photonics, and smart materials, with expertise in product development, business development, sales, and team management. He is Executive Officer and Director at PurposeEnergy, which develops wastewater treatment and biogas solutions that convert organic waste into renewable fuels and electricity.
Board
JF
MC
Michael C. SununuBoard director
TK
Thomas KleinBoard director
Investors · 1
Reported raises · per SEC filings
Form D private placements$1.7M disclosed across 3 rounds · 2012–2018
▶$404.3KraisedMay 2018 · 17 investors · Other EnergyRule 506(b)
▶$404.3KraisedMay 2018 · 17 investors · Other Energy
Rule 506(b)Officers, directors & promoters on the filing
- John F. KeaneDirector
- Michael C. SununuDirector
- Eric FitchExecutive Officer, Director
- Offering amount
- $500K
- Amount sold
- $404.3K
- First sale
- Apr 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$600KraisedJan 2014 · 1 investors · Energy ConservationRule 506(b)
▶$600KraisedJan 2014 · 1 investors · Energy Conservation
Rule 506(b)Officers, directors & promoters on the filing
- John F. KeaneDirector
- Eric FitchExecutive Officer, Director
- Michael C. SununuDirector
- Offering amount
- $600K
- Amount sold
- $600K
- First sale
- Dec 2013
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$652KraisedFeb 2012 · 21 investors · Energy ConservationRule 506(b)
▶$652KraisedFeb 2012 · 21 investors · Energy Conservation
Rule 506(b)Officers, directors & promoters on the filing
- John F. KeaneDirector
- Thomas KleinDirector
- Eric FitchExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $652K
- First sale
- Jan 2012
- Incorporated
- Corporation, Delaware, 2007
- Federal exemptions
- 06
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 3
by search overlapWaste Today18 shared keywordsWaste Today is a trade publication covering the waste, recycling, and environmental services industry, reporting on topics such as landfill operations, transfer stations, recycling programs, and company financial and M&A news. It serves waste operators, municipalities, and industry professionals, primarily in the U.S.
Biomass Magazine18 shared keywordsBiomass Magazine is a trade publication and news outlet covering the biomass, renewable natural gas, and biofuel industries, reporting on projects, policy, and companies in the sector. It also produces industry events such as the International Biomass Conference & Expo and related podcasts.
Clean Energy Fuels17 shared keywordsClean Energy Fuels supplies renewable natural gas fuel for transportation, targeting vehicle fleets across the United States. It operates in the clean transportation and alternative fuels sector.
Companies competing with Purposeenergy for the same Google search keywords, organic and paid, via search-intersection analysis.
Frequently asked questions
- What does Purposeenergy do?
- PurposeEnergy develops wastewater treatment and biogas solutions that convert organic waste from food and beverage producers into renewable fuels and electricity. The company helps industrial clients reduce compliance costs and greenhouse gas emissions from waste streams.
- Who founded Purposeenergy?
- Purposeenergy was founded by Eric Fitch in 2007.
- Who are Purposeenergy's investors?
- Purposeenergy's investors include Clean Energy Venture.
- How much funding has Purposeenergy raised?
- Purposeenergy has disclosed $1.7M raised across 3 rounds.
- Where is Purposeenergy headquartered?
- Purposeenergy is headquartered in US-based, US.