The growth playbook EnergySage used to get acquired

EnergySage was acquired by Schneider Electric, learn how in The Green Room podcast
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JUNE 7, 2022
HELPING YOU DISCOVER EMERGING CLIMATE STARTUPS & OPPORTUNITIES EVERY WEEK

🤔 We've been hard at work...Next week we announce an awesome new newsletter for all of you investors, corporate VCs and Grant providers that read The Impact weekly.

It's just another one of the ways we've been enhancing the reading experience. We can't wait for you to read it.


- Stephanie Zulman & Swarnav S Pujari

PS. It is hugely helpful if you forward this email to a friend and let them know where they can subscribe (hint: it's here).

🚀 STARTUP REPORTS
Growth Lessons That Helped EnergySage Get Acquired By Schneider Electric
By Swarnav S Pujari • is a Growth/GTM consultant with climate startups, an angel investor and the Appointed Chairman of the Yorktown Climate Smart Communities Task Force - and has extensive growth and policy experience.
(Image: EnergySage)
 
THE TL;DR 💨
  • Accelerator networks are hugely valuable for first time climate founders
  • Striking channel partnerships enabled EnergySage to get the traffic they needed to facilitate their platform's growth
  • Constant realignment on your core mission and vision is critical to keeping the ship headed in the right direction. Usually this has to do with your customer's biggest pain point
 

EnergySage's founder Vikram Aggarwal joined Swarnav on The Green Room to share more about their decade-long journey in the climate industry. With EnergySage now joining forces with Schnider Electric via an acquisition Vikram came on to share more about how he navigated the various challenges that got him to where he is now.

In this show we discuss everything from how he found early product-market fit with his blog educating people about solar, energy efficiency and other building efficiency products. We go from there to how his first real funding dollars came from a grant, and explore how pivotal a strong climate community in the Boston area enabled him to avoid and navigate the challenges of building a climate company as a first-time founder.

This episode is a must watch for any Founder building a climate company in today's volatile markets, especially with venture funding slowing down.

 
🤓 IMPACTFUL READS
👣 New SEC Rules On Fossil Fuels: What They Say; Why It Matters

  • The SEC on 21st March proposed a set of rules that will move US companies toward a financial reckoning with their use of fossil fuels and with the growing climate crisis
  • This could yet not be a big deal. The SEC has to take comments – and many, to be sure, will oppose the change, particularly looking for ways to eliminate or water down the rules


⚡ Nuclear Energy’s Role In Biden’s Carbon-Neutral Economy

  • We need to get to a net-zero economy quickly
  • Renewables won’t get us there in a meaningful time frame
  • Advanced nuclear is seldom talked about but a great solution to climate change


💰 How To Pitch A Prospective Corporate Partner
  • Pitching a prospective corporate partner is very different from pitching a venture capital firm
  • Startups preparing to pitch partnerships to corporates should follow four steps: Do research; Outline a specific vision for partnership; Invite feedback; Practice detachment

  • Flux Marine has designed an electric marine engine for boats that bests both the traditional and developing outboard products on the market
  • Their all-electric outboards are devoid of all air, noise, and water pollution
  • After a successful Series-A round, Flux Marine looks to scale operations and launch their own boat packages

 
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Editors: Stephanie Zulman, Swarnav S Pujari Writers:.Christina Zhao

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