Solar Energy Startup GreenLancer Secures Funding

Posted by SI Staff on March 28, 2013 No Comments
Categories : New & Noteworthy

Detroit-based GreenLancer, a Web-based solar energy engineering company, says it has secured more than $275,000 in private funding from a syndicate of Michigan-based investors. The GreenLancer offering was oversubscribed, with additional investors still coming aboard.

GreenLancer has organized a national network of green energy engineering freelancers who are highly skilled at developing and engineering plans to meet clients' diverse energy needs. The company's services include online technical documents, engineering services and financial modeling support for contractors' use in proposing, developing and designing solar electric systems.

By doing this work in the cloud, GreenLancer provides accessible engineering support that reduces the soft costs associated with developing solar energy projects and can do it more cost-effectively than their vertically integrated, brick-and-mortar competitors, the company claims.

Initial investors in GreenLancer include Bizdom, Start Garden, Blue Water Angels and Northern Michigan Angels. Funding will be used to support GreenLancer's growth plan.

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