Clearloop Corporation

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Clearloop Corporation - overview

Established

2019

Location

Nashville, TN, US

Primary Industry

Renewable Energy

About

Clearloop Corporation specializes in innovative carbon solutions to help organizations offset their carbon footprints by investing in solar energy projects, particularly in underprivileged U. S. regions. Founded in 2019 and headquartered in Nashville, US, Clearloop Corporation focuses on developing renewable energy solutions.


The company was co-founded by Bob Corney and Laura Zapata, who serves as CEO. Clearloop underwent a significant event in December 2021 when it was acquired by Silicon Ranch Corporation, a portfolio company of Mountain Group Partners, Shell International B. V. , and TD Asset Management.


The firm has completed a total of 1 deal, with the most recent deal date being October 14, 2021. Clearloop offers innovative carbon solutions aimed at helping organizations offset their carbon footprints through the development of new solar energy projects. Their primary service involves assisting businesses, educational institutions, and various organizations in reclaiming their carbon emissions by investing in solar infrastructure, particularly in economically disadvantaged areas of the U. S.


These projects are designed to replace fossil fuel energy sources, thereby cleaning the electricity grid and expanding access to clean energy in communities that have historically lacked such resources. Clearloop targets diverse clients, ranging from global corporations to small businesses, providing a pathway for each to take responsibility for their environmental impact while simultaneously promoting community benefits. The geographical focus of Clearloop's initiatives encompasses regions across the United States, with particular emphasis on areas like Tennessee, Mississippi, and Louisiana, where the potential for impactful carbon reduction is significant. Clearloop generates revenue through partnerships with companies seeking to offset their carbon emissions by funding new solar projects.


The firm charges its partners a fee based on a percentage of their product's carbon footprint, facilitating a direct link between the carbon emissions generated by their business activities and investments in renewable energy. This model creates a transactional structure that is primarily B2B, as Clearloop collaborates with both large corporations and smaller businesses to help them meet their sustainability goals. Clients engage in these partnerships to certify that their products have a 100% reclaimed carbon footprint, enabling them to align corporate responsibility with tangible climate action. Clearloop’s trademarked service, the 100% reclaimed carbon footprint®, serves as a cornerstone of its offering, ensuring that clients can credibly demonstrate their commitment to environmental sustainability.


Clearloop Corporation aims to leverage its recent acquisition by Silicon Ranch Corporation to accelerate growth and enhance its service offerings. The company plans to introduce new products designed to expand its solar project portfolio in underprivileged areas over the next two years. Additionally, Clearloop is targeting expansion into new markets, specifically aiming to increase its presence in the Southern U. S.


regions by the end of 2023. The funds from the acquisition will support these initiatives by providing resources necessary for scaling operations and enhancing project development capabilities.


Current Investors

Shell International Ltd, Silicon Ranch Corporation

Primary Industry

Renewable Energy

Sub Industries

Solar Power

Website

www.clearloop.us

Verticals

Clean Technology

Company Stage

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Total Amount Raised

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