|Financing & Fintech
|1-50 employees (LinkedIn)
|Total equity funding
|Last Funding Date
|MCJ Collective (MyClimateJourney), Congruent Ventures, First Round Capital
What Evergrow makes
Software that certifies compliance and expedites monetization for clean energy tax credits, especially from the Inflation Reduction Act of 2022.
Evergrow builds software that certifies compliance and expedites monetization for clean energy tax credits, unlocking billions of additional dollars in funding for decarbonization.
Role of software at Evergrow
The Inflation Reduction Act unlocked billions of dollars of additional funding for climate initiatives across solar, wind, carbon capture, nuclear, and RNG — but the new funding comes with compliance requirements that need to be followed or the generated tax credits can be invalidated. Evergrow is building the compliance software necessary to get tax credit buyers comfortable so that the existing $20B/year tax equity market can grow substantially and finance new climate projects. If you join Evergrow you'll be building software that unlocks new funding for climate projects!
Aiming to grow founding team from 8 → 12 in the next year. Looking for folks who love the early stages of startups.
Evergrow's Climate Impact
Evergrow measures impact in the total capital deployed to projects supported by their software solution, and how much carbon these projects avoid or capture. Their goal is to support the removal or avoidance of 1Gigaton of CO2e by 2030.