2 years ago

Hometree Secures $46M Series B Funding and Acquires BeWarm to Accelerate Sustainable Homeownership

  • Hometree, a UK-based residential energy services company, has raised $46 million in Series B funding led by 2150 & Energy Impact Partners and Legal & General Capital

  • The company has also acquired BeWarm, a green home improvement financing platform, to expand its operations and reach

  • Hometree helps homeowners install, manage and finance renewable energy solutions, enabling them to run their homes in a carbon neutral way

  • BeWarm offers green loans, leases and mortgage advances, partnering with local installers to provide financing plans for energy-efficient upgrades.

      • ProblemTechnology Infrastructure

      "Many homeowners want to reduce their carbon footprint and transition to renewable energy, but they face financial barriers and difficulties in navigating the installation and financing process. This creates a disconnect between the need for sustainable homeownership and the practical realities for consumers."

      Solution

      "Hometree provides a comprehensive solution that addresses these challenges. They offer financing plans and services that make it easier for homeowners to install, manage, and finance renewable energy solutions, such as solar panels and heat pumps. Their platform simplifies the process and removes financial barriers, allowing homeowners to make their homes carbon neutral."

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