Branch Energy, Holdings Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Branch Energy, Holdings Inc. - overview

Established

2020

Location

Houston, TX, US

Primary Industry

Energy Storage & Batteries

About

Founded in 2020 and based in Houston, Texas, Branch Energy provides fixed-rate electricity solutions and battery storage systems tailored for commercial and residential clients, focusing on sustainable energy practices. Branch Energy, Holdings Inc. specializes in energy solutions, catering to both individual households and businesses in Texas. Founded in 2020, the company has completed 3 deals and raised a total of USD 10.


8 mn in funding, with its most recent funding round being a Series A on August 7, 2024, co-led by Prelude Ventures and Zero Infinity Partners. The CEO, Alex Ince-Cushman, is instrumental in the company’s operations. Branch Energy specializes in providing fixed-rate electricity solutions and battery storage systems designed for both commercial and residential clients. Their offerings include a low, fixed rate per kilowatt-hour of electricity, simplifying energy management and budgeting for users.


Additionally, the company provides battery storage systems at no cost to commercial real estate owners, which include backup systems to enhance energy reliability. The firm serves a customer base primarily in Texas, targeting environmentally conscious consumers and businesses seeking to optimize energy usage with renewable sources. Branch Energy generates revenue through a straightforward transaction model focused on its fixed-rate energy plans and battery solutions. Clients subscribe to energy services based on a fixed pricing structure, benefiting both residential and commercial users by ensuring predictable energy costs.


The revenue model includes partnerships with commercial entities for battery storage installations and direct-to-consumer sales of energy services, emphasizing a transparent billing process without hidden fees. While specific pricing details are not disclosed, the firm promotes guaranteed cash rewards and savings through its innovative products. Branch Energy plans to utilize its recent USD 10. 8 mn funding from the Series A round to further deploy its battery systems and enhance software development.


The company is also working on new products aimed at expanding its offerings and is exploring opportunities to enter additional markets beyond Texas. Specific regions targeted for expansion have not been disclosed, but the focus remains on enhancing its service portfolio through innovative energy solutions.


Current Investors

Inovia Capital, Comcast Ventures, Global Founders Capital

Primary Industry

Energy Storage & Batteries

Sub Industries

Renewable Energy, Energy Storage & Batteries, Green IT

Website

www.branchenergy.com/

Verticals

Clean Technology, IoT (Internet of Things), Manufacturing

Company Stage

Series A

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.