Detroit-based startup Pearl Edison raises $3.3M in utility-backed funding to expand its home energy efficiency upgrade platform through strategic utility partnerships.
Detroit-based clean energy startup Pearl Edison has closed a $3.3 million funding round, aiming to expand its platform for home energy efficiency upgrades. The investment is notably backed by utility partners, signaling growing momentum behind tech-enabled climate solutions in underserved residential markets.
Founded with a mission to make sustainable living accessible and affordable, Pearl Edison collaborates with local utilities to offer customized home upgrades that reduce energy bills and carbon footprints. From insulation and HVAC upgrades to smart thermostats and appliance swaps, the startup helps homeowners tap into utility incentives with ease.
The fresh capital will be used to expand operations in the Midwest and Southeast, grow the engineering and installation network, and deepen integrations with utility programs. Investors include a mix of climate-focused funds and utility innovation arms.
CEO emphasized that “utilities are uniquely positioned to scale decarbonization in American homes, and we’re building the bridge between tech, service providers, and the energy grid.”
As interest in energy resilience and sustainability grows, Pearl Edison’s model could prove key in accelerating residential adoption especially in older housing stock across urban centers.
