Concentro logo — Concentro is the platform for distributed generation clean e...

Concentro

Concentro is the platform for distributed generation clean energy tax credits.

Founded 2023 United States New York, United States 13 employees Pre Seed Fintech

General Information

Company Name Concentro
Founded Year 2023
Location United States New York, United States +1
Employees 13
Industries Fintech
Funding Stage Pre Seed
Social

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About Concentro

Concentro is a fintech startup, established in 2023, with a mission to simplify and streamline financing for distributed generation clean energy projects. The company's platform enables these projects to monetize tax credits received from the US government, which are a result of the Inflation Reduction Act's allocation of over $250 billion to support clean energy development. Concentro acts as an infrastructure for these projects to transfer the tax credits to third parties with adequate tax liabilities.

The startup offers a turnkey solution for distributed generation clean energy projects to monetize tax credits through transferability. Simultaneously, it provides corporate buyers access to thoroughly vetted and fully insured clean energy tax credits, boasting appealing risk-return profiles and a positive impact. Concentro's recent Pre Seed Round investment on 17 August 2023 attracted investment from notable firms including Contour Ventures, Dorm Room Fund, J Ventures, The MBA Fund, and Phoenix Fund. With its pioneering platform and strong investor backing, Concentro appears to be a promising player in the clean energy financing landscape.

Taxonomy: clean energy, distributed generation, tax credits, financing, monetization, renewables, energy projects, Inflation Reduction Act, transferability, tech-enabled marketplace, clean-tech, US government incentives

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round •••••• 5
Investor Investor Investor Investor Investor
17 Aug 2023

Concentro Alternatives & Competitors

Concentro vs
1Climate
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Concentro vs
Basis Climate
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Basis Climate is a market maker for transferable clean energy tax credits with over $250M of transac...

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Concentro vs
Ever.green
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Marketplace for high-impact additionality RECs and clean energy tax credits - making clean energy so...

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FAQ About Concentro

Concentro is the platform for distributed generation clean energy tax credits.
Concentro was founded in 2023.
Concentro is headquartered in New York, United States.
Concentro operates in the following industries: Fintech.
Concentro has approximately 13 employees.
Concentro has completed 1 funding round. The latest funding stage is Pre Seed.
Top alternatives and competitors to Concentro include 1Climate, Basis Climate, Ever.green, CBO Financial Inc., Reunion. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Concentro and 1Climate are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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